With people living longer than in generations gone by, many Arizonans, including those who have chosen to retire to this state, will need to start planning for the cost of staying in a nursing home or other retirement facility. Most people will need some extra help...
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The role of public fiduciaries in Arizona’s probate system
Many estate planning devices used by Tucson residents to manage and distribute their assets after they die or if they become incompetent to perform those roles make use of a person who acts as a “fiduciary.” A fiduciary in this context is a person who has demonstrated...
Understanding important points about how to craft a will
For residents of Tucson and the nearby areas of Arizona, estate planning might not have been foremost on their minds prior to the current health situation. With other issues coming to the forefront and the speed at which a person’s life can be turned upside down,...
What is a revocable trust?
As you start planning your estate, you will need to determine which arrangement best suits your needs. You may have heard about people’s experiences in probate court, which is not only lengthy but can diminish an estate’s value through fees. If you have concerns about...
The responsibility of being the personal representative of an estate
Many times when a person is asked by a loved one to agree to act as the personal representative of an estate after that person’s death, the answer is yes. However, that person is rarely fully aware of what he or she are agreeing to do. Being appointed as the...
Requirements for drafting a valid Arizona will
A will can be an important component of an Arizona resident’s estate plan. While that plan may include a number of legal devices, the will dictates important information that can help an individual think through how they want their assets distributed and who they wish...
Estate planning if you are diagnosed with Alzheimer’s
We sometimes take our good health for granted. However, sometimes as a person in Southern Arizona ages, they come down with an illness that will cause a decline in their mental and physical abilities, such as Alzheimer’s disease. If this happens, it is important to...
Estate plans are not just for the old and wealthy
Young adults in the Tucson area may have a hard time envisioning what their life will look like as they age. They may be just starting off in their careers, newly married or unmarried at all and childless. One responsibility that may not even be on their radar is...
What happens if you die without a will or trust?
Sometimes a person puts off executing an estate plan until it is too late. If a person in Southern Arizona dies without a will or trust, their assets will be distributed to their heirs per the laws of “intestate succession.” This applies to both community property and...
Who is eligible to receive SSI benefits?
One type of government benefit meant to help those who cannot work includes Supplemental Security Income (SSI). A person may be eligible for SSI benefits if they are aged, blind or disabled and have limited resources and income, among other requirements. It is...
