When people are preparing their estate plan, there are a number of factors to consider. One of those factors is medical care in case one becomes disabled or incapacitated. Legal documents are necessary if you want someone else to make decisions for you when you cannot speak or communicate for yourself. The following will discuss the […]
Estate Planning: Do-it-Yourself vs. Licensed Attorney
Do-it-yourself wills and estate planning or using a certified legal document preparer may seem appealing, but lurking below the surface, these services do not replace an attorney. Oftentimes you need a licensed attorney to assist with estate planning because there are several variables that do-it-yourself programs and licensed legal document preparers miss. The Downsides of […]
Arizona Probate – The Process of Closing Probate
When a loved one passes away, there are many overwhelming emotions experienced by those left behind. There is no way to be emotionally prepared for the loss of a loved one, but you can be prepared for the essential probate process. One of the most commonly asked questions of estate planning attorneys is, “What happens […]
Estate Planning – Probate & Notice to Creditors
After the death of a loved one, it is understood that family members and beneficiaries may obtain property, money, and other items in the probate process, but what about the debt they may incur? Beneficiaries sometimes incur leftover bills, loans, and mortgage payments that will come out of their inheritance where applicable. A notice to […]
What is Probate and Why Do I Want to Avoid It?
Probate is essentially the court supervised method of identifying assets and liabilities and heirs and beneficiaries for the distribution of assets once a person is deceased. The process of probate court can become tedious and lengthy, resulting in months and possibly years of waiting for a resolution and the release of assets, property and/or funds. […]
How Can Estate Planning Help Me in Avoiding Probate?
Probate is the term used for the legal procedure that involves the identification of assets, properties, and liabilities after a person is deceased and then transferring said assets to the beneficiaries and heirs of the decedent. Probate superior court is where this procedure occurs. It is an essential element of estate planning in Arizona. The […]