Powers Of Appointment: A Handy Tool In Your Client’s Toolbox An often misunderstood but prevalent estate planning tool that often appears in estate planning documents is the power of appointment. Not to be confused with a power of attorney (the document that allows a living person to delegate certain powers to an agent to act [...]
How To Protect Your Retirement Accounts Most people are shocked to learn that their retirement accounts can be seized once they pass to their loved ones. During your lifetime, your retirement funds have fairly comprehensive asset protection, meaning they cannot be taken in a lawsuit. Unfortunately, as soon as retirement accounts are inherited, the protection [...]
Estate Planning Basics: Everything You Need To Know Our Expert Mesa Estate Planning Attorneys Answer Frequently Asked Questions About Estate Planning In honor of Teacher Appreciation Week, the first week of May, we are taking this opportunity to thank you for your time and dedication to teaching the future generation. You provide the foundational knowledge [...]
What Happens When Both Spouses Die At the Same Time? Estate Planning For Simultaneous Deaths In Arizona The chances of a married couple dying in a common accident or within a very short time of one another are probably quite slim. However, it does happen. And it happens frequently enough that most states have laws [...]
What Are The Legal Rights Of a Child Born Out Of Marriage? Children Born Out Of Wedlock: Inheritance & Other Rights Despite the prevailing view, children born to unmarried parents are commonplace. Historically, children in this category were treated poorly by both society and the law. In many cases, they had no right to inherit [...]
Things You Need To Know About Selling a Deceased Estate Property Essential Factors To Consider When Selling The Real Estate Of Your Deceased Loved One After the death of a loved one, such as a parent, there are avariety of tasks that must be handled to wrap up your loved one’s final affairs. Selling your [...]
Can I Update My Own Estate Planning Documents? The Importance Of Reviewing & Improving Your Estate Plan In Nevada Do you know that, according to the National Association of Home Builders, May is National Home Remodeling Month? Many people associate spring with cleaning out the old, brushing off the dirt accumulated from the long winter, [...]
Essential Estate Planning Considerations For Unmarried Couples Estate Planning Strategies To Protect Your Unmarried Partner In Arizona When it comes to protecting your unmarried partner, there are several options to consider. Depending on the value of your money and property, your desired level of protection from your partner’s creditors, and other factors unique to your [...]
Alternatives For Transferring Your IRA To Your Loved One In Arizona Mesa Estate Planning Attorneys Explain The Options For Establishing & Transferring Your Individual Retirement Account Now, more than ever before, Americans are using a variety of tax-deferred accounts such as 401(k)s and IRAs to save for retirement. And while the laws are currently designed [...]
Wilburn vs. Mangano: What Does The Term "Fair Market Value" Mean? Mesa Estate Planning Lawyers Discuss The Case Of Wilburn vs. Mangano When reading through a will or trust agreement, you may see language that grants a right to an individual to purchase certain property from the estate or trust at “fair market value.” At [...]
