Menu
When you think about making a will, there is more to consider than the question of who you want your assets to go to upon your death. Today, estate planning allows for the creation of legal documents that do a great deal more than simply direct assets. Although directing assets is an important consideration in planning for […]
In 1988, the Arizona legislature enacted the Adult Protective Services Act (APSA) to address concerns about elder abuse in the state. Recognizing that our aged population is susceptible to abuse, the legislature increased civil penalties and criminal sanctions for those who prey on the elderly or infirm. The legislation includes protection from not only physical […]
Give careful consideration where you plan to store your will. It could affect how soon it is read. If it is in your safe deposit box, there is a possibility that the box will be sealed upon your death. It may remain unopened until the court appoints a personal representative or until opened in the […]
What is a living trust? A living trust is an estate planning tool used to avoid a probate, save estate taxes, manage an individual’s assets during life, and distribute the assets upon death. A living trust is flexible and can be changed by the maker. Assets and funds can be put into or taken out […]
If you are like most people, you want to postpone drafting your will and devising your estate plan almost as much as you want to put off dying. However, there are questions everyone needs to ponder and plan the answers to, or else people we love and care about may suffer the consequences of our […]
In 2010, Congress passed the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (the “2010 Tax Act”) which, following in the footsteps of The Economic Growth and Tax Relief Reconciliation Act of 2001 (“EGTRRA”), reduced the number of people who would have to pay estate and gift taxes. The 2010 Tax Act, […]
Serving Our Clients and Our Community
