4 Essential Estate-Planning Documents

No one estate plan is exactly like another one; each planner’s situation is different, as are their goals. There are a few popular documents, though, that are important for the majority of estate planners. We have given four examples below that should help you get an idea of what your estate plan might look like.  Advance Healthcare Directive. If you have ever had to visit the emergency room, you were probably Read More

How to Increase the Value of Your Personal Injury Settlement

The immediate aftermath of a serious personal injury can be extremely chaotic, while the longer-term future can build up stress and anxiety over medical bills, missed days at work, and other expenses – not to mention physical pain and suffering. In these situations, our team knows that every dollar matters when it comes to a personal injury settlement benefiting you or a loved one. That’s why we have compiled a list Read More

3 Reasons Why You Need an Estate Plan

The prevailing misconception about estate planning is that it is exclusively reserved for the rich and famous. You might think that you don’t have that many assets, so crafting an estate plan would be a waste of your time. The truth is that every adult can benefit from a personalized estate plan that contains important documents like a Last Will and Testament, healthcare power of attorney, general durable power of Read More

Earnout Financing Explained

There are countless reasons why buyers and sellers seldom agree on a business’s valuation when it is put up for sale. For this situation, the two parties should consider instituting an earnout provision. In the context of a business transaction, an earnout agreement is a provision in a contract that allows the business’s seller to gain compensation in the event that the business hits certain benchmarks after the Read More

3 Ways to Defend a Foreclosure

If it’s gotten to the point where the bank is threatening to foreclose on your house, you might feel like you’re at the end of your rope – mentally and financially. The good news is that you still have an array of legal options at your disposal. Many of these fixes are only stopgaps to temporarily stop foreclosure actions against you, but if all you need is a little breathing room to get caught up on your mortgage, Read More

Real Estate Law Explained: The Quiet Title

When looking into a real estate purchase, whether for investment or as a home, one of the most important things to do is make sure that the title is clear. If there are any problems with the history of the title or there is a dispute over ownership, these should be addressed before signing any contracts. One of the best ways to deal with these issues is with a quiet title action.  What Is a Quiet Title Read More

4 Common Pitfalls When Forming an Arizona LLC

Starting a business is an exciting experience. For many people in Arizona, the best way to set up the business is by using an LLC, or Limited Liability Company. While this is certainly one of the best options in many situations, there are also some pitfalls that need to be avoided. Learning about some of the most common problems associated with forming an Arizona LLC will help get your business off on the right Read More

The Implications of the Revised Arizona Tax Lien Process

Arizona always had strict laws when it comes to real property taxes. The revised tax lien process is another proof of how serious the county takes this law. According to the revised process, if people can’t pay real property tax for their commercial buildings, vacant lands, or homes, the county government will lien their real property to cover the unpaid tax amounts. The government allows three years to the person to Read More

What the Revised Arizona Limited Liability Act Holds For People.

The Arizona Limited Liability Act will soon experience a major overhaul after the Governor signed the law. This act for limited liability companies will be effective immediately after August 31, 2019. However, this is for new companies. The law for existing limited liability companies will become effective from after August 31, 2020. With wholesale changes on the cards, many people want to know what they should Read More

Withdrawing From an LLC and Keeping your Capital Contribution

When most people go into an LLC, they have high hopes and big plans and want to make the business a success. Sometimes things don’t work out that way and you want to walk away early. Sometimes things are working out but you reach the stage where you feel you have done everything you can with and in the business, and it’s time to split away. In the ideal world, you will have made an operating agreement that covers Read More