• posted: May 28, 2021
• Joseph M. Udall
• Estate Planning
• living trusts,  assets,  estate planning,  beneficiaries,  incapacity planning

Phrases like “trust fund baby” make it seem like trusts are the province of the wealthy. But the fact is that they can be useful estate planning tools for people Read More

• posted: Apr. 30, 2021
• Joseph M. Udall
• Estate Planning
• financial power of attorney,  durable power of attorney,  health care,  life-sustaining treatment

Who will make decisions regarding your finances and health care if you are unable to make them for yourself? This is not a pleasant subject of consideration for most people. Read More

• posted: Mar. 30, 2021
• Joseph M. Udall
• Estate Planning
• probate,  small estate affidavit,  inheritance

Following the death of a loved one, a family often faces the costly probate process, which has a tendency to consume some of the estate’s assets and reduce the amount Read More

• posted: Feb. 28, 2021
• Joseph M. Udall
• Estate Planning
• asset protection,  LLC,  corporation,  liabilities,  firewall

Protecting personal assets is essential for business owners. Without asset protection measures in place, creditors can come after your personal wealth if your business is sued, goes under or can't Read More

• posted: Jan. 30, 2021
• Joseph M. Udall
• Estate Planning
• beneficiaries,  will contests,  interested parties,  probate court

Will contests occur when someone challenges the validity of a will or any of its provisions in probate court. A will can be declared invalid if the person making it Read More

• posted: Dec. 30, 2020
• Joseph M. Udall
• Estate Planning
• estate planning,  guardianships,  conservatorships,  ward

When a loved one becomes incapacitated or otherwise unable to take care of themselves, Arizona law provides for appointment of a guardian or conservator to assume responsibility for their protection. Read More

• posted: Nov. 30, 2020
• Joseph M. Udall
• Estate Planning
• buy-sell agreement,  death benefits,  liquidating shares,  mandatory buy-out,  shareholders

An essential part of starting a business is preparing for the day when one of the owners sells his or her shares due to retirement, disability or other circumstances. A Read More

• posted: Oct. 30, 2020
• Joseph M. Udall
• Estate Planning
• right of survivorship,  tenancy

Arizona is a community property state. With certain exceptions, all property owned by either spouse during the marriage is deemed the joint property of both. But when one spouse dies, Read More

• posted: Sep. 30, 2020
• Joseph M. Udall
• Estate Planning
• annuity,  charitable gift annuity,  charitable organization,  partial income tax deduction

A charitable gift annuity is a fund-raising device — popular with colleges and other nonprofits — that allows donors to receive as well as give. If used wisely, this vehicle Read More

• posted: Aug. 30, 2020
• Joseph M. Udall
• Estate Planning
• beneficiaries,  grantor,  special needs trust

If you have a relative with special needs such as a disabling injury or mental and physical limitations, you may wish to help them with their expenses by giving them Read More