When 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…
Sometimes 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…
Your 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…
Lower 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…
Dual 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.…
Talking 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…
How To Remove Someone Out Of Your Will Families are sometimes compared to a circle, a never ending connection of love and support. There’s even an old gospel hymn called “Will the Circle Be Unbroken.” Though the hymn refers to the family reuniting in heaven, sometimes it’s necessary to ‘break the circle’ here on earth…
We sign important documents throughout our adult lives – employment agreements, rental contracts, marriage licenses and so on. Some of these documents must be signed before a government official or notary public. A Last Will and Testament, one of the most important documents you will ever sign, requires two witnesses. But do you know who…
Sometimes people need assistance taking care of their physical needs or paying their bills. In Arizona, as in many states, guardianships or conservatorships can be put in place to assist those in need. But what is the difference between the guardianships and conservatorship? How will you know which one is the right thing to do?…
Being a small business owner is hard. You’ve worked long and hard to get where you are. After your business is successful, it’s time to think about what would happen if you want to retire or if you can no longer make business decisions. It’s time to create a business succession plan. What Happens When…