Duties 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…
Living 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…
Legal 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…
Caregivers 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…
Why You Might Want A QTIP Trust You may not spend a lot of time thinking about Lifetime QTIP trusts. In fact, it’s very likely you’ve never heard of one. However, for the right person, this type of trust can be a very powerful tool that helps cement your legacy with your family. But, first,…
Imagine being confined to one or two rooms, with few visitors. Sound like a recipe for loneliness? It is. Yet, even though we realize the reality of life for shut-ins, we often overlook opportunities to brighten their lives. February 11th is National Shut-In Visitation Day. Can you take a few moments from your day to…
More than one billion people have Facebook accounts. So, there’s a good chance you have an account. Like many other digital assets, Facebook accounts live on after we’re gone. But you can choose how you want your accounts to be managed after your death. For example, Facebook offers a convenient option for the management of…
Life Estate Deed For Automatic Transfers To Your Heirs Sometimes we just want things to happen fast: instant coffee, internet download speeds, high speed rail. The need for speed even invades our estate planning. Heirs want their inheritance, and they want it now. The automatic transfer of assets to beneficiaries is easier to accomplish with…
Business Buy Sell Agreement – What’s The Importance? Starting and running a small business is not for the faint of heart. At every stage, from the first day at the drawing board to the day the doors open to the annual review of profit and loss statements, business owners give their businesses a lot of…
Few things are of more importance in life than our friends and families. Though we can’t be with them forever, we can rest easy knowing we’ve taken steps to make our passing a little less stressful. How? By leaving documents that guide family members through a difficult time. Estate planning provides important benefits involving our…