Estate plans come in many shapes and sizes. Some people may want complex trusts that can preserve wealth for future generations, protect property, provide for charities and achieve other goals. Other people may want something relatively simple and straightforward....
Trusted Leaders In Estate Planning, Elder Law And Fiduciary Services
Estate Planning
Selecting a health care power of attorney
Arizona law provides for health care directives or living wills that allow a trusted agent to make critical and difficult health care decisions, such as end of life care, for you if you are unable to. Agents designated in a health care power of attorney can also make...
Why should new parents execute an estate plan?
Welcoming a new baby into your life can be both exhilarating and terrifying. You already love your bundle of joy, but you may be concerned about providing for them and making sure they are protected as they grow. While your immediate concerns may be about your baby’s...
The ABCs of special needs trusts in Arizona
Many Arizona families have a member who suffers from a severe disability or chronic illness; these individuals are generally referred to as special needs persons. Families with members who are classified as special needs individuals have a special challenge in...
Should you revisit your estate plan?
You may have executed a comprehensive estate plan including a will, possibly a trust, a living will and powers of attorney for finances and health care. What you do not want to do following that is to leave that estate plan in a desk drawer gathering dust until you...
Understanding a personal representative’s responsibilities
When an individual makes an estate plan, often he or she will choose a trusted person to act as the personal representative of the estate, like a friend or family member. The personal representative of the estate has many important responsibilities and it can seem...
How to build an incapacity plan
Incapacity is an important thing to plan for and several estate planning tools can help estate planners address those concerns in their estate plan. Estate planners should be familiar with their options for building their incapacity plan to protect themselves and...
When to update an estate plan
An estate plan is important to set up but after the estate planner sets one up, they should also regularly review it to ensure it is up-to-date. There are also important life events that should trigger the review of an estate plan that estate planners should be...
Why should you have a living will and power of attorney?
Some people are fortunate enough to pass away peacefully in their sleep, but many need health care at a hospital or hospice care as they reach the end of their lives. If you reach a point where you cannot communicate your wishes regarding end-of-life care, it may be...
What to consider when selecting an executor?
The role of an executor of an estate is an important one. For that reason, estate planners should know what to consider when selecting an executor. Important considerations when selecting an executor The executor selection should be carefully made and there are...