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A file folder containing trust documents. Spendthrift Trust Concept.

How Does a Spendthrift Trust Protect the Inheritance of a Beneficiary?

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… Read More
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Categories: Estate Planning
Couple, hands and sign of document, table and legal in office, life cover or insurance with pen. Paperwork, people and agreement of contract, glasses and together for marriage, love and retirement

Tips For Choosing the Executor For Your Estate

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… Read More
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Categories: Estate Planning
Filling durable financial Power of Attorney Form or POA document

Planning for Incapacity in Arizona

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… Read More
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Categories: Estate Planning
Life doesn’t come with a manual, it comes with mom

Estate Planning Considerations for Single Parents

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… Read More
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Categories: Estate Planning
A hand with a pen filling out an Last Will and Testament

What Happens to Your Will When You Die?

When you make a last will and testament to distribute the property in your estate after your death, your will determines more than who receives the assets in the estate. It also designates the person to administer and distribute your estate, and determines the legal process that will be followed for administration and distribution of the estate. Un… Read More
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Probate Court Intestate

Does an Arizona Estate Without a Will Go Through Probate?

When an Arizona resident passes away without leaving a will, the legal term intestate describes both the person and the estate. This discussion answers general questions about intestate estates and the applicable state laws, including whether an intestate estate must go through probate. If your loved one dies intestate (without a will), an Arizona… Read More
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Categories: Arizona Probate
Probate law: Judge's Gavel as a symbol of legal system and wooden stand with text word

How Many Types of Probate Does Arizona Have?

Probate is a court-supervised statutory process that many Arizona estates must complete after a resident of the state passes away. There are several different types of probate in Arizona. Which one applies depends on the nature and circumstances of an estate. Getting assistance from an Arizona probate lawyer is always the best approach to determine… Read More
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Categories: Arizona Probate
Last Will and Probate

Is Probate Always Necessary For an Arizona Estate?

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… Read More
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Business hand put wooden block stack with LLC - Limited Liability Company text

Should Your Arizona Small Business Be an LLC / Limited Liability Company?

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… Read More
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Categories: Business Planning
Lawyer and client shaking hands

Common Business Contract Disputes — and How to Avoid Them

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… Read More
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Categories: Business Planning