Individuals who own valuable property have the right to decide what to do with those assets throughout their lives. They can also determine what happens with those resources after they die. In theory, a will or other estate planning documents can give the testator...
Estate Planning
Do stepchildren have the right to inherit from an estate?
One of the fastest ways to grow a family is to marry someone who already has children. Stepparents gain not just a spouse but also dependents when they marry someone who already has children. It is common for stepparents to have a close bond with their stepchildren...
The risk of naming a minor child as a beneficiary in a will
Those with children or grandchildren often want to ensure their comfort regardless of what the future holds. Naming a young adult or child as a beneficiary in an Arizona estate plan is one way to achieve that goal. Parents, grandparents and other concerned adults can...
Why creating a digital will with a downloaded form is risky
The internet has made life infinitely more convenient in many ways. Unfortunately, online resources also add a layer of complication to many aspects of life. People can fall victim to misinformation and even scams that put them at legal or financial risk. For example,...
How can an Arizona testator include a pet in their estate plan?
Families in Arizona may include multiple generations of humans and people not related to one another by blood but instead by marriage or adoption. Sometimes, families even include non-human members. Pets and companion animals can be a very important part of modern...
New parents need to choose a guardian for their children
Discussions about estate planning often focus on those preparing for the end of their lives. Those nearing retirement or preparing to move to nursing homes often need to create or review estate plans to protect themselves financially and legally. However, people in...
How trusts can benefit your estate plan
Creating trusts is one of the most valuable tools in the estate planning process for Arizona residents. These legal documents can offer you and your heirs several advantages during your lifetime and after your passing. Consider these advantages when determining what...
When it’s best to set up a spendthrift trust for beneficiaries
There are many ways to take care of estate planning in Arizona. One effective way to get your estate in order while providing for someone you love is through a spendthrift trust. While this type of trust might be unfamiliar, it can be extremely beneficial to establish...
Decisions about unequal inheritance distributions
Estate planning requires careful considerations about what to do with one's assets. Bequeathing money and property to surviving relatives can be challenging, as equal splits might be ill-advisable. Someone can distribute their inheritance unequally due to personal...
Choosing a trustee for a living trust
Arizona residents include living trusts in their estate plans to help their family members and other beneficiaries avoid the lengthy, complex and sometimes expensive probate process. Living trusts provide individuals with more control over how their assets will be...