Benefits Of Having Wealth Management & Estate Planning Work Together Jon and Margaret W. were what most people would consider well off. They had worked hard, scrimped and saved, and invested wisely to get where they are now. But their careful management did not include estate planning. Unfortunately, when they passed away, much of their…
DetailsYou may have noticed your neighbor, Clarence, is starting to have trouble taking care of himself. Sometimes he asks you for help, but other times you notice things like his trash piling up by the back door. Or maybe you see that his front door has been left open late at night. It may be…
DetailsTransfer Real Property Into A Living Trust In Arizona Jenna’s estate planning attorney suggested she create a living trust. It seemed like the best way for her to pass her property to her heirs. She was confused, however, when her lawyer said she had to ‘transfer’ her real estate to her trust. Wasn’t it enough…
DetailsIt seems like a great idea. Finding an easy way for your assets to be handed down to your beneficiaries is appealing. Transfer-on-death (TOD) and payable-on-death (POD) designations can do just that. However, you’ll need to know the advantages and disadvantages of using TODs and PODs before using them. Which One Do I Need –…
DetailsThe President Of The United States Is Often Considered One Of The Most Powerful People On Earth Maybe the stress of serving in the office caused some of the presidents to ignore things like writing an effective Will. But, as George Washington and Abraham Lincoln found out, even presidents need estate planning. George Washington –…
DetailsArizona’s Probate System A state court system devotes time and energy into handling cases for its citizens. That includes probate cases. For example, Arizona’s probate system provides systems and forms for people to settle their estates. While the term “probate’ typically refers only to the administration of a Will, probate courts also handle other matters…
DetailsDuties Of A Trustee At some point in your estate planning, you’ll need to choose who will serve as personal representative or agent. If you’re establishing a trust, of course, you’ll need a trustee. When it comes time to name names, will you know what qualities to look for in a trustee based on their…
DetailsLiving Trust Vs Will Based Estate Plan In Arizona The names really say it all, at least on the surface. A “will-based” plan is, of course, based on a Will. And a “trust-based” plan revolves around a trust. No surprises there, right? But when it comes time to develop or update your estate plan, do…
DetailsLegal Documents Can Be Similar In Name But Different In Action Or Scope Or Time For example, a power of attorney is a powerful legal document. It’s recommended that your comprehensive estate plan include a durable power of attorney and a health care power of attorney. When the time comes it’s important to know which…
DetailsCaregivers come in all shapes and sizes. They take on responsibility and provide much-needed assistance in so many ways. Whether picking up meds or helping with daily living activities or making sure that bills have been paid, many caregivers give it their all with a smile on their face. Remember, Caregivers Have Needs, Too The…
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