There Is Some Rumbling From Colleagues In Washington D.C. The estate tax exemption amount will be increased to $3.5 million and a gift tax exemption at the same levels as 2009. This would be a significant benefit to most Americans who, unknowingly, have an estate tax problem. Here’s why: In 2013 the estate tax levels are…Details
Apparently both sides of the aisle in Washington are considering it. An article in the Wall Street Journal should put the scare in high income earners who have historically been able to earn a modest interest “income tax free” with municipal bonds. See what you think here. Or copy and past this link http://online.wsj.com/article/SB10001424127887324339204578173750322592178.htmlDetails
I’m watching a webinar put on by the State Bar of Arizona about the implementation of Obamacare, or the “Affordable Care Act.” The major points of the implementing the AFA are: To expand Medicaid coverage to those under 65 and who have income under 100% of the federal poverty rate; To create an insurance exchange…Details
We have recently been helping many clients deal with the legal issues that come up after a family member passes. Whether that person had a will or trust (or neither), there usually are some legal questions that come up and some easy questions you can ask to properly assess your particular situation. Watch this short…Details
In Arizona A Beneficiary Deed Can Be Used To Pass Property After Your Death To Whom Ever You Name Arizona beneficiary deeds are governed by Arizona Revised Statutes Title 33 section 405. With a beneficiary deed property passes to your named beneficiary without involving the Arizona probate courts. Avoiding probate is usually accomplished with a…Details
One Of The Things That You Have To Decide When You’re Setting Up Your Power Of Attorney. Your last will and testament or your living trust is who you are going to name as your financial agent or your successor trustee. The decision needs to be thought out very carefully because that person will be…Details
On October 26, 2012 the Tempe office will be closed and the Sirvent Law Firm will be permanently relocated to the Sun Lakes office! After much waiting, we are finally going to move. 10450 E. Riggs Rd., Suite 112 Sun Lakes, AZ 85248 We will be happy to serve residents living in Sun Lakes and…Details
Beginning September 1st, 2012, all personal representatives, guardians and conservators must go through and complete an online training course published by the Arizona Supreme Court. The training course is available here.