How Beneficiary Designations Affect Your Estate Plan
November 17th, 2025
When you set up an estate plan for the financial security of your loved ones after you pass away, a will and a trust are the primary legal documents that can provide for distribution of your estate. It is also essential to account for financial assets that have beneficiary designations. Those assets can make a substantial difference in property dis…
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Categories: Estate Planning
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What Is Uncontested Probate?
October 17th, 2025
When an Arizona resident passes away, state laws establish specific requirements for administration of the decedent’s estate. The statutes require some (but not all) estates to go through a legal process called probate. Among the state’s several types of probate administration processes, the most common type of probate is called informal probat…
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Categories: Arizona Probate
Understanding Fiduciary Duties in Estate Planning
September 17th, 2025
Fiduciary duties are a key legal principle in estate planning. In your estate plan, you designate specific fiduciaries who have high-level legal responsibilities in implementing your plan. Understanding the roles and responsibilities of each fiduciary is essential to ensuring that you choose a person with the right qualifications and skills to fulf…
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Categories: Estate Planning
Small Business Asset Protection and Succession Planning
August 15th, 2025
For every small business owner, two of the most crucial concerns are protecting business and personal assets and planning for long-term continuity and stability of the business. A business law attorney helps a small business owner address both types of concerns by guiding the owner through making sound decisions for asset protection and business su…
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Categories: Business Planning
How To Pass Your Business Along Your Family
June 17th, 2025
If you own a business, it is easy to neglect planning for the future of the business when day-to-day operations consume all your attention. When you plan to pass your business along to your family, business succession planning is crucial to ensuring that the company transitions smoothly to the next generation. A thoughtful, thorough business succes…
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Categories: Business Planning
When Are Written Business Contracts Required in Arizona?
May 16th, 2025
When you enter into a business contract, you want to make sure the agreement is legally valid. The State of Arizona has specific requirements that every contract must meet to be legally enforceable in an Arizona court. In addition to those criteria, state laws require some agreements to be in writing. If a law requires a contract to be in writing,…
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Categories: Business Planning
How Does a Spendthrift Trust Protect the Inheritance of a Beneficiary?
April 18th, 2025
In estate planning, there are many types of trusts that achieve identified goals of the individual creating the estate plan. A spendthrift trust is a specific type of trust that is written to restrict or control a beneficiary’s access to the trust property, in order to protect the assets from being taken by creditors of the beneficiary, wasted, o…
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Categories: Estate Planning
Tips For Choosing the Executor For Your Estate
March 18th, 2025
When you make a will as part of your estate plan, one of your most important decisions is choosing the person to designate as the executor of your estate. Choosing the best person as executor of your estate first requires understanding what the executor of an estate does. Then, you need to know what qualities to look for in an executor who can fulf…
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Categories: Estate Planning
Planning for Incapacity in Arizona
February 14th, 2025
When you think about estate planning, you probably focus on the distribution of your estate after your death. But planning for incapacity is an equally important part of putting a complete estate plan in place. This aspect of estate planning protects you, your loved ones, and your estate during your lifetime in the event you become incapacitated an…
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Categories: Estate Planning
Estate Planning Considerations for Single Parents
January 17th, 2025
Estate planning is an important priority for all parents, but the need for an estate plan is even more compelling if you are a single parent with minor children. Your estate plan ensures that your children’s personal and financial needs will be taken care of in the event something unexpected happens to you. While it is difficult and uncomfortable…
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Categories: Estate Planning
