Healthcare in America is not simple. While Medicare delivers services to many people, we believe many recipients may not fully appreciate the scope of Medicare services, how services are covered under Parts A through D, etc. Here’s a brief summary: WHAT IS MEDICARE? Medicare is a federal health insurance program administered by the Centers for […]
15. Don’t think your legal problems can be resolved overnight. 14. Be realistic about the amount of damages you can expect to recover – or forfeit. 13. Do not discuss your legal problems with anyone other than your lawyer. 12. Treat your legal concerns seriously, because they are. 11. Keep in touch with your lawyer, […]
Under the Arizona Electronic Transactions Act, an electronic signature satisfies any law that requires a signature. The statutory definition of “electronic signature” is broad, encompassing “an electronic sound, symbol or process that is attached to or logically associated with a record and that is executed or adopted by an individual with the intent to sign […]
On January 1, 2009, the Arizona Trust Code became effective, which provided Arizonans with a comprehensive code governing trusts of all types. On the same day, the Arizona Supreme Court adopted the Arizona Rules of Probate Procedure, which were designed to provide statewide standards and uniformity for proceedings in the Probate Court throughout Arizona. Prompted […]
Maybe you can’t take it with you, but you can decide who benefits from the estate you leave behind – unless you die without a will. In that case, Arizona law requires that a court-appointed personal representative handle your estate. Do you really want a stranger to have that kind of power? Most people underestimate the […]
Revocation by Divorce Statute Arizona has a “revocation by divorce” statute, which automatically rescinds a spouse’s pre-divorce or pre-annulment revocable bequest of property to a former spouse. The statute is based on a presumption that a divorce or annulment indicates an intent that neither spouse would wish to leave any part of his or her […]
Things to bring with you when you visit an attorney to plan your estate: Personal Information Address, phone numbers, email address, social security number, date and place of birth, citizenship, marital status, previous marriages. Same information for spouse, if applicable. Name, date of birth and address of each child, and whether: natural, step or adopted. […]
Affidavit of Collection A means of handling small estates (less than $50,000) by affidavit. Asset Anything, tangible or intangible, a person owns that has value. Beneficiary A person designated to receive assets from a will or trust. Beneficiary Deed A deed to convey property to another on the death of the owner. Bequest A gift […]
“The man who dies rich…dies disgraced.” -Andrew Carnegie The Arizona legislature has adopted an Arizona Trust Code (“ATC”), which is different in a number of ways from the prior Uniform Trust Code (“UTC”). Apparently, the Legislature disagreed with Andrew Carnegie’s dire warning about dying rich, since many provisions of the ATC were designed to expand […]
10 TIPS ON RETIREMENT ASSET DISTRIBUTIONS There is a 10% penalty, in addition to the income tax payable, on any taxable distribution from a retirement plan received before age 59 1/2; however the penalty does not apply to (a) the estate of the employee, (b) the beneficiary(s) of the employee or (c) to alternate payees […]
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