Generally speaking, you lose control over any assets that are placed in an irrevocable trust. This is because you are not allowed to serve as the trustee, and the terms of such a document are tough to change. However, it may be possible to challenge the validity of an...
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How common are pet trusts?
Socially, the emotional bond between pets and their owners can feel like family. It should come as no surprise that more owners in Arizona feel the need to set up trusts to care for their fur babies. This is especially true for individuals who own multiple pets. How...
How to stop family squabbles over your estate plans
If you have already created your will and feel your estate plans are solid, you might be sadly mistaken. While your family should be grieving and coming to terms with your passing, they might end up fighting amongst themselves over the contents of your will. It...
Estate planning steps for parents of special needs children
If you are the parent of a special needs child, you face unique estate planning considerations. While estate planning is important for everyone, you face additional responsibilities, because it is up to you to create a plan that outlines who is to care for your...
What happens to my Facebook after I die?
After you pass away, your physical presence is missed by your loved ones who are left mourning your loss. Often they will spend time looking at your old photos to remember you or see an item of yours they inherited and think of you fondly. But what happens to your...
Including a guardian in your estate plan
When planning for the future, there are many different scenarios to consider. One important piece of any estate plan is your wishes if you were to become incapacitated or unable to make decisions for yourself any longer. Your will can state your wishes on some of...