Arizona's laws require your property to go through probate before it legally transfers to your heirs. As noted by SmartAsset.com, if you die with a will in Arizona, the probate court reviews it for validity. Your chosen personal representative then distributes your...
Year: 2021
When is the right time to review your estate plan?
Estate planning is a long and exhausting process, in which it may benefit you to have legal guidance due to the sheer complexities involved in estate affair management. Of course, your work is not over after you create your estate plan, either. Rather, you must review...
Reducing inheritance conflict among siblings
As an Arizona resident who has more than one child, you need to take extra care when crafting your estate plan to avoid unnecessary trouble. Sometimes, the steps you make during estate planning have the potential to cause conflicts between your children. According to...
How can you avoid leaving behind a bad estate plan?
Creating an estate plan provides more benefits for your loved ones than it does for yourself. It will help save them time, effort and money as they handle your affairs after your death, which is often needed and appreciated by your exhausted and grieving family...
Signs a vulnerable adult may require a power of attorney
Adults who rely on caregivers may show signs of individuals taking advantage of them. As reported by azcentral.com, vulnerable adults face risks of abuse, neglect and financial exploitation. Abuse may include physical or verbal harm. Signs of physical mistreatment...
How a special needs trust protects your child with a disability
When you are the Arizona parent of a son or daughter with a disability, you may need to take extra steps during estate planning to look out for his or her interests. For many parents of children who have special needs, figuring out how to leave a legacy behind without...
Should you make an estate plan after buying a home?
Due to recent changes around the country, more and more young people have put in the investment to own a home. In fact, mortgage rates have reached all-time lows at the same time that prices hit record highs and inventories hit record lows. But many people go into...
What do you need for estate planning?
When you start in on your estate plan, it may feel like an overwhelming step to take at first. This is especially true if you have done nothing like it before and have no previous experience with matters of the estate. Before you dive in, you will want to do your...
What if you do not create a will?
Ask any adult in Arizona, and they may likely tell you that they have yet to begin the estate planning process. Indeed, statistics show that a majority of American adults do not have a will. This may make you feel somewhat better about not yet addressing your own...
Probate may include settling debts before distributing assets
Probate requires a deceased's personal representative to publish a notice to creditors in a county newspaper for at least three weeks, as explained on the Arizona State Legislature's website. The representative also has the responsibility of notifying creditors by...