» Estate Planning

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What Are the Steps in the Estate Planning Process?

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.… Read More
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Categories: Estate Planning
Senior couple checking finances outdoors in garden

3 Common Estate Planning Mistakes to Avoid

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… Read More
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Categories: Estate Planning
Probate Application and Estate Assets

Why Is It a Good Idea to Avoid Probate?

Avoiding probate is an important estate planning goal for many individuals. But do you know why it is beneficial to avoid probate? In the discussion that follows, we explain the reasons to establish an estate plan that avoids the probate process — and how you can accomplish that goal. What Is Probate? The term probate (or probate administration)… Read More
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Toy house, gavel and text PROBATE.

Can a Non-Resident Serve as the Personal Representative of an Arizona Estate?

A question often asked in estate planning and probate is whether a non-resident can serve as the personal representative of an Arizona estate. That is an excellent question, but it is one of many issues that affect selection and appointment of a personal representative. When you make a last will and testament or a family member passes away, legal i… Read More
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Signing the will

Is It Time to Update Your Estate Plan?

Your estate plan is based on your financial and personal circumstances and goals at the time you create the plan. As your situation changes, reviewing your estate plan regularly to determine whether you should update it is just as important as establishing the plan. If you do not take into account changes in your life that impact your estate plan,… Read More
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Categories: Estate Planning
Setting up a trust

How Do You Set Up a Trust?

Trusts are an important estate planning tool that can achieve a wide range of goals. But before you decide to include one in your estate plan, you should talk with your estate planning lawyer about whether (and how) a trust can achieve your estate planning goals. As part of that discussion, your lawyer will explain how a trust works and what’s in… Read More
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Categories: Estate Planning, Trusts
Older clients consulting agent, broker about house selling

Do You Need a Lawyer to Make an Estate Plan?

Your estate plan is a set of legal documents that accomplishes important goals during your life and after you pass away. If you do not have an estate plan, Arizona laws make critical decisions for you — and the statutes and courts can make decisions that are inconsistent with your wishes. While online services want you to think that you can creat… Read More
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Categories: Estate Planning
Grandparents talking to children in yard

How Grandparents Can Protect the Family Legacy for Their Grandchildren

If you are a grandparent, protecting your family legacy for the benefit of your grandchildren is probably one of your most important estate planning goals. You have multiple options and tools to choose from in accomplishing this goal, some of which may be more beneficial for you and your grandchildren than others. Your estate planning attorney help… Read More
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Categories: Estate Planning
estate planning terms

Understanding Estate Planning Terminology

When you create an estate plan, you may encounter unfamiliar legal words and phrases that can make the process a little bewildering. While your lawyer will explain everything in detail, you can get a head start by understanding some basic estate planning terminology before you meet with your attorney. In this discussion, East Valley estate planning… Read More
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taxes owed on inheritance

Does Arizona Have Inheritance and Estate Taxes?

Questions about taxes on estates are common during the estate planning process and during probate administration of an estate. While the State of Arizona does not impose an inheritance tax or an estate tax, an Arizona estate and the beneficiaries or heirs of an estate may still owe taxes in some circumstances. The complexity of an estate, as well a… Read More
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