Third-Party Supplemental Needs Trusts Everything You Need To Know On Third-Party Special Needs Trusts If you want to provide for a loved one who is disabled or has special needs when you are no longer here, care must be taken to ensure that the inheritance you leave will help rather than harm your loved one. [...]
Things You Need to Know as Successor Trustee Mesa's Experienced Attorneys Give Advice On Being A Successor Trustee Being named as a successor trustee in someone’s revocable living trust document can be considered a great honor. But with that honor comes responsibility. Whether you were appointed to this role due to someone’s death or incapacity, [...]
My Loved One Has Died: As an Heir or Beneficiary, Do I Need an Attorney? Mesa's Preeminent Lawyers Explain What To Do When Your Loved One Passes Away You just found out that your favorite aunt, Aunt Melba, has died. In the midst of your grief and sadness, you receive a notice from the attorney [...]
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 [...]
Handling the Legal Affairs of an Estranged Noncitizen Spouse at Death As the world becomes more of a global community, it is no longer uncommon for married couples to maintain different citizenships. While a difference in citizenship alone can present complexities from an everyday tax perspective, another set of challenges arises when a noncitizen spouse [...]
How to Choose a Trustee Arizona Trust Attorneys List Things to Consider When Choosing Your Agent When you establish a trust, you name someone to be the trustee. A trustee does what you do right now with your financial affairs—collect income, pay bills and taxes, save and invest for the future, buy and sell property, [...]
Five Mistakes Successor Trustees Make and How to Prevent Them Arizona Trust Attorneys Give Advice to Prevent Successor Trustees Mistakes When establishing a trust, you must give serious thought to who you choose as your successor trustee—the person who will manage, invest, and hand out the trust’s accounts and property once you are no longer [...]
Can Dual Citizenship Ruin Your Estate Plan? In early 2020, married actors Tom Hanks and Rita Wilson became honorary citizens of Greece. The president of Greece bestowed this honor upon them due in large part to their humanitarian work in the country after a deadly wildfire swept through Athens in 2018. Hanks and Wilson spend [...]
Should You Own Your Timeshare in Your Trust? Timeshares have come a long way since they first arrived in the real estate market back in the ’70s. In the early days of timeshare ownership, high-pressure sales tactics, exceedingly vague contracts, and inflexible scheduling policies caused many people to quickly regret such purchases. Over time, however, [...]
The Recipe for a Satisfying Estate Plan Misconceptions about who needs an estate plan abound. Most people believe that estate planning is only for extremely wealthy business moguls or celebrities. But that could not be further from the truth. Estate planning is the process of making decisions about what happens to you, your money, and [...]
