Years Of Work Behind You, It May Be Time To Consider Retirement. Trying to figure out whether you have enough money to retire may leave you bewildered. How much is enough? “Enough” Is Vague. Enough For You Might Be Sufficient Funds To: Enjoy a fulfilling lifestyle; Cover unexpected expenses and emergencies; Allow you to fulfill…
Being able to give your loved one the care they need is rewarding. But it can be expensive too. Many family caregivers rack up bills providing assistance with daily activities, prescriptions, skilled nurses, and so on. In 2017, the Arizona legislature considered a bill that would offer caregivers a tax credit. Arizona Family Caregiver Tax…
Estate Planning Myths – What Are The Facts? Myths are things we believe, but that are really not true. While some myths are amusing (bulls don’t really hate the color red) others may affect our behavior (hiding under a bridge when a tornado is nearby). Even estate planning is not immune from myths, so let’s…
Maybe your medications interacted badly, causing behavior changes that concern your friends and family. Or you could be developing Alzheimer’s disease or another form of dementia. If you’re taken to the hospital with a mental health problem, it’s important that you have signed a mental health care power of attorney General Estate Planning & General…
Estate Planning Documents To Prepare If you’re thinking of taking a trip, you have lots of little details to take care of: Reservations? Got ‘em. Packed suitcase? Check. Estate Planning? If you are heading out into the wild blue yonder, you’ll want to add these 3 estate planning tasks to your to-do list. Update Or…
What Are Your Options For Joint Ownership In Arizona? Titles are important. How a property is owned – how it is titled – can make a huge difference in how the property is handled after an owner passes away. There are several joint ownership options in Arizona, each with its advantages and disadvantages. Community Property…
What’s The Advantage Of Preplanning? Whether you’re making a grocery list or opening a business, planning really helps. At some point in your life, you may have to deal with a serious health-related crisis. Read the scenarios below to learn how preplanning will beat an emergency response. Scenario #1: Preplanning Robert’s great-aunt Matilda has been…
What Is A Pour Over Will? Some people figure a simple Will is all they need. Or maybe they’ve decided that more advanced estate planning is needed, so they set up a revocable living trust. Let’s look at two scenarios: Dwight, who used a traditional Will, and Marcia, who used a pour-over Will and living…
How To Handle Your Business After Retirement After a busy career running the family business, you may not want to just sit around scrap booking or playing bingo every day. Of course, you retired because you don’t want to work every day. You may want to keep your hand in, though, by consulting for the…
The person who creates a trust is called a trustor or a settlor. Once the ink is dry on a trust document, the trustor may think their work is over. Not true. The trust is just like an empty vessel that needs to be filled up. If you’ve created a trust, here’s what you need…