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When creating an estate plan in Arizona, people have many options. For those who have been fortunate in life and have significant assets, they might focus on generosity and giving back to causes that are dear to them. Even those who do not have a large estate could...
In Arizona, it is a conscientious step to create an estate plan. This avoids ambiguity with the person’s property after they are gone. It keeps family members from having acrimonious disagreements. And it accords the person – known as the testator – control over their...
Serving as a personal representative for an Arizona estate is quite the responsibility. A personal representative is someone appointed to manage the estate administration process. They are appointed by being named as a personal representative in a will or appointed by...
Recently, Vice President Kamala Harris proposed a plan to have Medicare cover in-home care. Her proposal is still in its early stages, and comes in the midst of a presidential campaign, so it may be too early to examine how it would work, if it comes to pass. However,...
As you age, your potential need for long-term care is significant. In fact, studies show that 48% of those age 65 and older will need some type of long-term care, with 24% of people in that age group having to pay for long-term care for two years or more. This is a...
Divorce isn’t an easy process. It’ll impact nearly every aspect of your life, from your standard of living to the amount of time that you get to spend with your children. While these issues certainly need to be addressed, you can’t overlook some of the collateral...
A lot of people make the mistake of thinking that the estate planning process is straightforward, simple, and something that they can put off until much later in life. But the reality is that estate planning can be rather complex, especially if you have significant...
You’ve worked hard to build your wealth. Now, you’re ready to formulate a plan for how to leave your assets to the people you care about most. While this can be an exciting opportunity, it can also raise concerns. This is especially true if you think that someone in...
Estate plans are for so much more than just distributing assets, although that is a significant part of it. A will, which is often the most important document in your estate plan, can be used for several purposes. Here is a list of the few things you may want to do...
Creating an estate plan in Arizona often involves more than just drafting a will. Although a will is a vital part of an estate plan, there are other documents that are also valuable pieces of an estate plan, such as a living will. A living will details what medical...
