Is Probate Always Necessary For an Arizona Estate?
September 17th, 2024
In Arizona, as in other states, probate is a court-supervised process for settling and distributing an estate after a person passes away. A common misconception is that probate is necessary for every estate, which is not the case. Some assets and some estates are not required to go through the probate process. In fact, with help from an estate plan…
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Should Your Arizona Small Business Be an LLC / Limited Liability Company?
August 16th, 2024
When you start a new small business, you choose a business structure — either actively or by default. Creating an LLC (Limited Liability Company) is a popular option for new businesses and existing small businesses that are growing. Before you decide to create an LLC, you should understand how an LLC works, what other options are available, and w…
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Categories: Business Planning
Common Business Contract Disputes — and How to Avoid Them
July 17th, 2024
When you own a business, you enter into contracts that affect virtually every part of your business. Sometimes, carrying out the terms of a contract gives rise to a disagreement or dispute that needs to be resolved by the parties. By being aware of common business disputes — and knowing how to avoid and resolve them — you can save the time, ene…
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Categories: Business Planning
Steps to Take in Starting a Business
June 17th, 2024
The anticipation and excitement of starting a business can make it hard to focus on everything you need to do to get your new company off the ground. But the steps you take in starting a business are critical to laying a solid legal foundation for a successful beginning and future growth and success. While the nature of your business determines som…
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Categories: Business Planning
Common Legal Concerns of Small Businesses
May 17th, 2024
Every small business owner encounters a variety of legal issues during a company’s lifecycle. By understanding some of the common legal concerns for small businesses, an owner can prepare in advance to address many legal problems swiftly and effectively, rather than being blindsided by unexpected issues. Counting on a knowledgeable business law a…
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Categories: Business Planning
What Are the Estate Planning Options for Property Distribution?
April 17th, 2024
No matter what your personal and financial circumstances are, the assets and property in your estate pass on to your heirs and beneficiaries when you pass away. If you take the time to make an estate plan, you make significant decisions about how your loved ones receive the estate, by choosing from three basic property distribution options. The fou…
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Categories: Estate Planning
Getting a Divorce? Updating Your Estate Plan Is a Top Priority.
March 21st, 2024
If you are getting a divorce, you may not realize that the divorce can significantly impact your estate plan, due to an Arizona law that automatically changes key estate plan provisions relating to your ex-spouse and their relatives. Other legal documents and assets may also be affected. After a divorce, getting help from an experienced estate plan…
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Categories: Estate Planning
What Are the Steps in the Estate Planning Process?
February 16th, 2024
When you create an estate plan, your estate planning attorney guides you through the process of putting the right legal documents in place to protect yourself and your loved ones for the future. Knowing what to expect in the estate planning process can help you anticipate your attorney’s questions and collect the information you need to provide.…
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Categories: Estate Planning
3 Common Estate Planning Mistakes to Avoid
January 17th, 2024
A thoughtful estate plan provides significant peace of mind that the plan protects you and your loved ones for the future. Unfortunately, estate planning mistakes can completely undermine the legal protections that a solid estate plan provides. Read on to learn about the three most common estate planning mistakes to avoid. Mistake #1: Thinking that…
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Categories: Estate Planning
Does the Personal Representative of an Arizona Estate Receive Compensation?
December 19th, 2023
The court-appointed personal representative of an Arizona estate has substantial legal and fiduciary duties under state law for administering and settling a decedent’s estate. The laws provide that an individual who serves in that position may receive payment for the work performed, but there are limitations on the amount of compensation a person…
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Categories: Arizona Probate
