While people sometimes think that a Last Will and Testament is all you need for an estate plan, a complete Arizona estate plan includes other essential documents. These important written legal documents protect you and your family, in addition to providing for distribution of your property after you pass away. The best way to ensure that you have a…
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Whether you are establishing a new small business or running an existing enterprise, a business law attorney can help you keep your company running smoothly. Your lawyer also can make sure that you protect your business and personal financial interests for the future. In this blog post, attorney Shane Peterson explains three ways an attorney can he…
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Distribution of a deceased person’s estate involves a number of different legal documents, including their Last Will and Testament and any trust instruments, as well as asset account statements, property titles, and other legal documents. All these items factor into who receives the property in the estate. But what happens if a decedent leaves be…
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For many people, an important goal of creating an estate plan is to avoid probate of their estate. A living trust is often an excellent way to accomplish that goal. But in Arizona, there are also other ways to avoid the probate process. This article explains the available options for avoiding probate of property in an Arizona estate, as well as the…
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A properly developed estate plan provides protection for your family in the event of unanticipated events that can endanger their security and future. If you own a business, addressing the future of your business in your estate plan is just as essential as safeguarding your family. This strategy ensures that your family won’t face any difficultie…
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Many young adults think that estate planning is something that only older folks with lots of financial assets need to do. The fact is that every adult, regardless of age, should have an estate plan. A complete estate plan does much more than distribute property after death. It protects you in the event of unexpected contingencies during your life a…
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When you finish creating an estate plan, you feel pride and satisfaction at completing a significant accomplishment. You also have the peace of mind that comes with knowing that your family is protected in the future. But there’s an important task remaining: You need to safeguard your estate plan documents and decide where to store them, to prote…
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Durable powers of attorney are some of most important legal documents everyone should have. Without them, you and your family could face significant problems relating to your financial matters, medical decisions, and personal care. Please read on to find out why powers of attorney are an essential part of your estate plan and what these documents a…
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If you use an electronic device like a phone, tablet, or computer, you probably own digital assets. Have you considered what happens to all that information if you become incapacitated, even temporarily, or after you pass away? The best way to protect your digital assets is to include them in your estate plan, after you have a detailed discussion w…
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If your assets include an IRA, how is it treated in your estate plan? Taking the approach of simply providing for one or more beneficiaries on the account is a significant mistake — it leaves the assets in the account exposed to substantial risks following inheritance. The only way to address those risks is to discuss your IRA account with an exp…
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