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The Pros and Cons of a Living Trust
Arizona families have many options at their disposal to plan for the future, and one of the most versatile options is a living trust. While trusts may be associated with the rich and famous in popular culture, the truth is that they can be useful for people from all walks of life, depending on your...
Read MoreDemand for Estate Planning Grows for Millennials Caring for Family
Estate planning decisions can be complicated for people of any age. This includes millennials, who have discovered the challenges of estate planning as more of them care for older family members. And unlike previous generations, millennials want to plan differently for the future, according to a recent study by Trust & Will as reported by...
Read MoreIt’s Never Too Late — or Too Early — To Set Up an Estate Plan
Arizona estate planning attorneys explain why everyone needs a plan for the future They say there are only two certainties in life - death and taxes - and most people don't like preparing for either. When people skip planning for these inevitabilities, however, a third certainty emerges - conflict. If you die without a will,...
Read MoreWhy Arizonans Need An Estate Plan In 2022
If the last couple of years has taught us anything, it is to expect the unexpected. To that point, Arizona, 2022 is the year to get your estate in order. Everyone has an estate. No matter how much money you make, whether you have children, own a home, etc. you have items, finances, and/or real...
Read MoreSingle Adults Have Different Estate Planning Concerns
An Arizona Estate Planning Attorney Provides the Details Often, discussions about estate planning center around an assumption that the person looking to create the plan is married with children. But of course, that’s not always the case. Unmarried and childless individuals need guidance too when it comes to planning for their future. As Forbes senior...
Read MoreWhat You Should Know About Special Needs Trusts
An Arizona estate planning attorney explains Estate planning is something that everyone needs to think about. It’s a way to ensure that your assets are used in a way that protects your family. There can be many different parts to an estate plan, depending on your situation. Families with loved ones who are disabled may...
Read MorePet Trusts Provide Pet Owners Peace of Mind
To many people, their pets are not only “man’s best friend” but beloved family members. These pet lovers aren’t merely pet owners, they’re proud mothers and fathers of their “fur babies.” So to many, it is critical that caring for their pet’s well-being continues if they’re incapable of caring for them. One method to make...
Read MoreDoes Your Estate Plan Pass the Multigenerational Test?
"Life happens" for every generation: parents, children, grandchildren, or great-grandchildren. So, it is important to consider how you want to leave your legacy through multi-generation estate planning. According to a recent Forbes article, the amount of wealth that will pass down from generations over the next decade will be more than any generation in the...
Read MoreEstate Planning Tips Every Baby Boomer Needs to Know
Baby boomers have accumulated more wealth than any previous generation, according to The Wall Street Journal. Specifically, Americans over 70 years old have accumulated more than $35 trillion in assets, according to Federal Reserve data. That figure accounts for 27% of all wealth in the United States, an increase of 20% compared to 30 years...
Read MoreEstate planning for LGBTQ families is essential
Attorneys explain what you need to know when creating such plans Estate planning is essential for families hoping to plan for the future. LGBTQ families are no exception. That’s the focus of a recent CNBC News story about this important topic. Estate planning attorneys in Arizona who deal with these issues every day agree. Same-sex...
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