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Should I include healthcare in my estate plan?

Whether you have already established an estate plan or plan on establishing one, it's important to take your healthcare decisions into consideration. Even if you are young and healthy, there may come a time when you won't be able to make these decisions for yourself. You could become incapacitated due to an age-related health condition...

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The SECURE Act will impact retirement accounts

On December 20, 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 was signed into law. It went into effect on January 1, 2020. While its purpose is to prevent older Americans from outliving their assets, it has a profound impact on estate plans that include retirement accounts. If you have already established...

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Taxpayers can pick which schools, charities get their tax dollars under state credit program

The April 15 tax filing deadline looms. For Arizona taxpayers, that means having the power to control how their tax dollars are used. Arizona taxpayers can now direct their tax dollars to schools and charities they support and believe in. That is due to the state’s tax credit program. The program lets taxpayers make contributions...

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How small businesses can avoid a tax audit

Keeping business and personal expenses separate is one way to help yourself if the government decides to audit you. Other tips on how to deal with an Internal Revenue Service (IRS) tax audit include saving documents, minimizing paper storage and hiring a bookkeeper. These steps were outlined in an article posted on abovethelaw.com, which features...

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Estate planning laws favor married couples, so message to unmarried partners: plan now

The lesson for unmarried couples living together: protect your finances and emotional health by taking time to establish estate-planning documents. Doing this paperwork now could save your loved one trouble later, including the loss of a home, if you die first. Estate planning tips for unmarried couples were outlined by nextavenue, a nonprofit web site that...

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Arizona attorneys offer best ideas to avoid legal complications in probate court

The purpose of probate court is to determine how the assets and property of a deceased person will be distributed. Probate court is absolutely required in Arizona after a person passes away. If there is no will or trust established, however, the court will assign someone to make those decisions. This can be a painstaking...

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