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Category: Estate Planning

The Pros and Cons of Naming a Trust as Beneficiary of an IRA

On April 1, 2022

You should always have a contingency plan, especially concerning your retirement assets. Should anything happen to you, it’s important to ensure that your assets will be properly distributed to your loved ones. Naming a trust as the beneficiary of your IRA is one option for protecting your assets, but it also comes with some significant […]

How to Transfer Assets and Property Outside of Probate in Arizona

On October 11, 2021

One of the main benefits of estate planning is arranging property (real and personal) to pass to heirs and beneficiaries without the involvement of probate. Probate is a legal process for settling many estates. This process can be expensive and time-consuming, so it’s often worth considering how you can minimize the time your loved ones […]

Revocable vs. Irrevocable Trusts in Arizona

On August 9, 2021

Living trusts perform important functions for many estate planners. Trusts can take the place of Wills (Last Will and Testament), but they can also allow grantors (creators of trusts) to tailor asset distributions to beneficiaries. There are many types of trusts available for Arizona estate planners; depending on your goals, you might create multiple trusts. […]

The Problem with Do-It-Yourself Legal Services (and Our Solution)

On February 17, 2021

There are a few legal matters that a sizable number of Americans will have to deal with at some point — Divorce, estate planning (wills and trusts), real estate issues, and business law, to name a few. To respond to the demand of these common legal issues, countless online services have provided products and services […]

What Happens if You Pass Away Without a Will?

On January 20, 2021

A common misconception many Arizonans have is that those who pass away without a Last Will and Testament (or any other estate planning documents of their own) have no estate plan at all. That’s not entirely true; the state actually has a one-size-fits-all estate plan for those without a Will. If you pass away without one, your […]

Power of Attorney: Which One Do You Need?

On November 23, 2020

You’re probably familiar with the general contours of an estate planning document referred to as “power of attorney.” What many estate planners aren’t aware of, however, are the numerous ways you can structure these documents. This blog will explain some common powers of attorney to help you understand which ones you might need for your […]

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. […]

3 Reasons Why You Need an Estate Plan

On March 20, 2020

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 […]

3 Ways to Defend a Foreclosure

On January 10, 2020

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 […]

The Implications of the Revised Arizona Tax Lien Process

On August 5, 2019

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 […]

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