Viewing 1 - 10 out of 42 posts

Talking to Your Parents About Estate Planning

No one relishes bringing up estate planning in family conversations, and perhaps least so when one’s parents are the target audience. You are talking about their money, their assets and Read More

Assets That Automatically Transfer Upon Death in Arizona

Probate is a legal process through which ownership of a decedent’s property passes to his or her heirs or named beneficiaries. This involves validating a will, if the person has Read More

Differences Between Estate Probate and Trust Administration

When a person passes away, their property — known as the estate — can pass to heirs and other beneficiaries in various ways. The estate usually must go through a Read More

Creating Conservatorships to Guard an Incapacitated Person’s Assets

When a person is no longer able to manage his or her assets because of a disability or other infirmity, a family member or friend may have to step into Read More

Different Types of Trusts Used in Estate Planning

A trust is created when a person who owns property (the principal) signs a document that designates a person or entity (a trustee) to manage property (the assets of the Read More

What You Need to Know About Living Wills and Health Care Powers of Attorney

Everyone should have a viable estate plan in place. One component of a comprehensive plan deals with your financial interests through the execution of documents like wills, financial powers of Read More

What You Should Know About Living Trusts in Arizona

A living trust is an estate planning tool that can be used to leave money and other property to a person’s heirs or other beneficiaries without a will. The person Read More

The Basics of Probating an Estate in Arizona

Probate is the court supervised process of winding up a deceased person’s financial affairs. This includes paying the decedent’s debts and distributing the remaining assets to his or her chosen Read More

Incapacity That Causes a Power of Attorney to Take Effect

A power of attorney is a legal document that authorizes one person to make financial, legal or medical decisions in behalf of another. The creator (called the “principal”) may choose Read More

How Community Property is Transferred Upon the Death of a Spouse

Arizona is a community property state, which means, in general, that property acquired by either spouse during a marriage is presumed to belong to both spouses equally. The community property Read More

Viewing 1 - 10 out of 42 posts