Moore Law Firm

Moore Law Firm

9949 W. Bell Road
Suite 201
Sun City, AZ 85351
Contact Us For A Courtesy Consultation
623-207-9153

Posts tagged "Trust & Probate Administration"

How life insurance can play into estate planning

If you've been a reader of this blog, then you know that estate planning has many elements. Most people realize that wills and trusts make up a significant portion of an estate plan, but they are not by any means the documents that are needed in order to ensure that a plan is holistic in nature. Powers of attorney, for example, can play a crucial role by ensuring that one's financial and healthcare decisions are protected in the event that he or she becomes incapacitated.

Legal help can bring estate planning vision into reality

Recently on the blog we discussed how to handle hard assets such as heirlooms during the estate planning process. This can be a tricky subject to address, as it can involve multiple parties, each with their own interests. Many people who engage in estate planning try to make all of their loved ones happy. However, especially when it comes the hard assets, this isn't always possible. Therefore, in order to reach an outcome that satisfies an estate planner and distributes assets in accordance with his or her wishes, an individual should consider working closely with a skilled legal professional.

The difference between informal and formal probate

The probate process is something often affiliated with estate planning. Most people who think of probate don't really know much about it except that they want to avoid it. We hope that this post will help clarify the informal and formal probate process, as well as what types of estate planning tools could help avoid probate altogether.

Stan Lee's death illustrates need for estate plan considerations

Recently, Stan Lee, the comic book mogul best known for creating much of the Marvel universe, passed away at the age of 95. Lee's 68-year-old daughter is his only surviving family member, as his wife had proceeded him in passing. Now, many are considering how the tumultuousness that surrounded Lee prior to his passing will affect the distribution of his estate.

Estate planning, long-term care, and long-term care insurance

Readers of this blog know that it is important to plan for the future. They also know that there are many aspects to estate planning. While much of the focus is on figuring out how to distribute assets upon one's death, there are also healthcare decisions that must be made. We have previously discussed powers of attorney, which can allow a trusted individual to be named to become responsible for your healthcare decisions in the event that you become incapacitated and can't make these decisions on your own. Yet, this is not the only consideration you may need to make when thinking about your healthcare in the context of estate planning.

How to approach hard assets in estate planning

It doesn't take a scientist or skilled financial planner to realize that estate planning can be tricky. After all, individuals are forced to think about their own mortality and make financial decisions that can have a major impact on the lives of others. In many instances, those who engage in estate planning simply want to split their assets amongst their identified heirs, which usually include children. While this may be easy to do with liquid assets like cash and stocks and bonds, it can be a much messier process when dealing with hard assets like heirlooms and art.

Consider legal help when changing an estate plan

Recently, this blog discussed estate planning in blended families. This post helps highlight the importance not only of initial estate planning, but also modifications of existing estates. After all, life changes all the time, and many of those changes can drastically affect your carefully laid out and documented plans. Therefore, to avoid estate distribution that is contrary to your wishes, you should be sure to revisit documents like wills and trusts to better ensure that your plan for your estate's future is perfectly encapsulated within those documents.

Powers of attorney as part of an estate plan

Planning can be challenging for some, whether it is making plans for the weekend, next month, next year or at the end of his or her life. Estate planning can be an intricate process that allows you to dictate every detail of how your estate will be handled upon your death. But what happens if you don't make it that far in good health? What if you suddenly become incapable of making important financial and healthcare decisions on your own? If you haven't addressed this in your estate plan, then you may be subjected to a guardianship where another individual petitions the court to assume legal responsibility for you and your affairs. While that might sound okay, the individual who winds up assuming guardianship may not be your first choice.

The often neglected aspects of estate planning

Estate planning encompasses a lot of different things. For some, estate planning is nothing more than creating a basic will. For others, the process is more about preserving their legacy. This highlights one of the most important things about estate planning: it is customizable to fit your needs. While this certainly holds true for dealing with complex financial matters, it is also true for what is often thought of as "soft" estate planning.

Need competent estate planning? Look no further

A few weeks ago on the blog we discussed Aretha Franklin's estate and how it was not subjected to any wills or trusts. In short, Franklin neglected to engage in estate planning of any sort. This may leave her considerable estate open to dispute as well as increased taxes. This is something that everyone should want to avoid, including those living in the Sun City area.

Client Testimonials

I got the family trust updated.
I was very pleased with the expertise and professionalism exhibited by your staff in serving my needs.

I needed to review my Will, recommended by my son.
Mr. Farrer’s expertise helped me realize that a Trust would better serve my needs.
The staff and Mr. Farrer were very professional and friendly (not cold). Thank you. Very comfortable atmosphere.

Our legal documents were outdated due to time and circumstances.
The staff at Moore Law Firm worked with us to develop a trust and other legal documents which meet our current as well as our future needs.
The staff at moore law firm were so professional, knowledgable and friendly to work with. They worked beyond to accomodate our needs. Thank you all.

Moore Law Firm
9949 W. Bell Road
Suite 201
Sun City, AZ 85351

Phone: 623-207-9153
Phone: 623-207-9153
Fax: 623-977-7237
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