Reviewing Your Estate Plan after the Death of a Loved One
The death of a loved one is never easy. Regardless of your relationship with the deceased (for example, a relative, significant other, or close friend), you need space and time …
Category: Estate Planning
The Importance of Estate Planning in Arizona: Why Now is the Right Time
In a world where uncertainties loom large, preparing for the future has never been more critical, especially when it comes to estate planning. For Arizona residents, the present moment offers …
How do I Avoid Probate?
While a last will and testament is an incredibly important starting point, a last will and testament only *controls* the probate process. It does not *eliminate* the probate process. Probate, …
Secure Your Legacy: Celebrate National Make a Will Month by Protecting Your Loved Ones
As we celebrate National Make a Will Month this August, it is crucial to reflect on the importance of estate planning and the peace of mind it brings. Many people …
Understanding Essential Estate Planning Documents and Their Significance
Estate planning is a crucial aspect of financial and personal affairs that everyone should prioritize. By creating key estate planning documents, individuals can ensure that personal wishes are carried out, …
How To: Probating an Estate and Administering a Trust
Probating an estate or trust is a bit like fixing up a car engine. You need to follow each step carefully to make sure everything runs smoothly. If you’re acting …
Is an Estate Plan Necessary? Part 2.
Previously, in Part 1, I explained how a competent estate plan can be an act of love to those surrounding you by giving them authority to act on your behalf …
Is an Estate Plan Necessary? Part 1.
Is an Estate Plan Necessary? Part 1. Short answer? No, estate planning is not necessary in the strictest sense of the word. The correct answer? Yes! It is absolutely necessary. …
It’s The Time for Gifting
The IRS has raised the annual gift exclusion to $16,000 for 2022.1 What does that mean? An individual may gift to any other individual $16,000 in 2022 without reporting the …
I Wasn’t Invited To the Will Reading!?
Hollywood magic has created the expectation that once someone passes away, the family will gather at the deceased’s attorney’s office and sit expectantly to hear the reading of the Will. …