Dutiful Child Or Manipulative Caretaker Of The Elderly? How To Recognize & Prevent Elder Financial Abuse As parents age and their physical and mental capacities diminish, it is natural for their adult children, recognizing the parents’ decreasing ability to care for themselves, to step in and help them. Often, a specific child will take over [...]
Silent Trust: Could I Be The Beneficiary Of a Trust Without Knowing? How Does a Silent Trust Work? People who have accumulated a substantial amount of wealth during their lifetime are often reluctant to disclose the full extent of their wealth to their children. Although there may be a number of good reasons for high-net-worth [...]
I Named My Child As Recipient Of My House In My Will, Can They Take It While I’m Still Alive? Going Through The Rules Of Inheritance The short answer to this question is no. Naming your child as the recipient of your home in your will does not give them any right to your home [...]
Severing Joint Ownership of Property Mesa's Reliable Attorneys Give A Detailed Explanation On Severance of Joint Tenancy One of the most common forms of property ownership in the United States is joint tenancy with rights of survivorship (JTWROS or joint tenancy). But what is joint tenancy? Joint tenancy is a legal right to property that [...]
What Is a Medallion Signature Guarantee, and Do I Need One? Upon seeing the words medallion signature guarantee (MSG), you may envision some shiny grand medallion, signifying a level of greatness few attain. However, that is far from what this guarantee means. An MSG is a unique tool used to protect the transfer of certain [...]
Disaster Preparedness Month: How to Prepare for Whatever May Come Your Way The unpredictable can occur at any time: fires, hurricanes, floods, earthquakes, pandemics—you name it. Because September is National Disaster Preparedness Month, we want you to be prepared for whatever life throws at you. Although none of us can predict the future, there are [...]
Seven Ways to Avoid Family Fights over Your Property Ask a group of friends if they have experienced a family fight over a property after a loved one has died, and you will be in for a lively and eye-opening conversation. Far too many families end up fighting, or at least experiencing tension, over a [...]
How to Help Your Loved Ones (and Assets) Avoid Probate Today, many people are using a revocable living trust instead of a will or joint ownership as the foundation of their Estate Plan. When properly prepared, a Living Trust avoids the public, costly and time-consuming court processes of Arizona conservatorship or guardianship law (due to [...]
PRIMER ON ASSET PROTECTION: PART 3 Protecting Inheritances Left to Family This is Part 3 in our series, A Primer on Asset Protection. It has been a while since our last segment, so as a quick recap: in Part 1, we discussed asset protection in the business context. In Part 2, we discussed how to [...]
A Primer on Asset Protection Law Clients often ask us about the best way to protect their assets from unnecessary taxation, risk, and potential unknown creditors. Other clients are surprised when we explain that their assets may be exposed to these kinds of liabilities. There is a common misperception that asset protection in Mesa, [...]
