Every person leaves a legacy, a way for their families and friends to remember them. Legacies can consist of favorite memories, belief systems, and tangible assets like homes or financial accounts. No one can take away the memories you leave, but how can you go about protecting your tangible assets for the next generation? Why…
DetailsEntrepreneurs build businesses for various reasons. Sometimes it’s for the thrill of winning or facing the risk of losing. Or maybe an individual has a special talent that can be built into a profitable venture. At some point, however, business owners may find themselves in a position where they want – or need – to…
DetailsAfter Someone Dies Their Estate Lives On – At Least Until The Probate Process Has Been Completed We’ve all heard about cases that drag on for years while heirs fight about who gets what, all the while depleting the funds they hoped to inherit. Or about people who find out their loved one’s estate was…
DetailsWe’ve come to rely on electronics and the Internet for many things we used to do on paper. Nowadays, we use e-readers instead of paper books, smartphone apps instead of maps, and Internet sites instead of newspapers. One of the most important documents you will ever sign exists only in paper form – your Last…
DetailsWhen someone dies, what happens to their stuff? Financial accounts or insurance proceeds, may pass to beneficiaries right away. Other assets will be distributed after a probate proceeding, which can take one to three years. What if some assets need attention after the person’s death and before the estate is settled? Who will care for…
DetailsSometimes It’s Easy To Notice That Someone Needs Help, While Other Times It Just Seems To Creep Up On You One day, you or a loved one is fine. The next day you notice that bills go unpaid, homes are left unlocked, medicine isn’t taken on schedule, or food burns up on the stove. If…
DetailsYour life has a lot of moving parts. You may be juggling funds between bank accounts, investments and retirements funds. Or maybe you’ve moved recently or bought property in Arizona. It may be time to talk to your attorney about Arizona Living Trusts. What Is An Arizona Living Trust? Living trusts, also known as revocable…
DetailsLower Taxes? It’s Happening! In 2016, American taxpayers made one message loud and clear: it’s time to deflate our bloated tax code. Actions in D.C. have raised expectations for many Americans that upcoming tax reform will lower their tax burden. Goals President Trump campaigned on many issues, including the need for tax reform that lowered…
DetailsDual Residency Can Effect How Your Estate Is Settled People who own homes in more than one state face more legal issues. How will being a two-home, two-state family affect your estate planning? Residency is usually defined as “where a person lives.” But where someone maintains a “permanent home and substantial connection” is their domicile.…
DetailsTalking about death is never easy. However, at Keystone Law Firm, we’ve seen what happens when families don’t talk about their final arrangements. We believe there are three important estate planning basics you should discuss with your family. Estate Plans You don’t have to tell your loved ones every detail about your estate plans unless you…
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