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Are Life Insurance Proceeds Assets in Probate?
Your life insurance policy can serve as a vital financial asset for your family. It can provide a safety net for your beneficiaries in the event of your death. While a life insurance policy is generally designed to expedite the...
Estate Planning Tax Implications After 2022 Reforms
Arizona residents are left navigating a giant maze of tax implications after the 2022 tax reforms. In order to make informed decisions about how these changes may impact your estate planning, it’s critical to learn as much about the changes...
Why Single Adults in Arizona Need an Estate Plan
Safeguarding Assets for the Future In Arizona, single adults have unique considerations when it comes to estate planning. Protecting your assets isn’t just about wealth. It’s about making your mark and ensuring your hard-earned property is distributed precisely as you...
How Does a Power of Attorney Function in Your Estate Planning
A Power of Attorney has the remarkable ability to adapt to many situations, from managing real estate transactions to making financial or healthcare decisions. Simply put, it’s a legal document that grants a person the authority to act on your...
Difference Between Joint Trusts vs. Separate Trusts
Trusts can be a vital tool in estate planning. If you’re married, one option to consider is whether to establish a trust for your assets. A trust is a legal arrangement that allows you to appoint someone (called a trustee)...
Recommendations and Tips for Selecting the Right Trustee
When setting up a trust to manage your wealth, one of your most important decisions will be picking the right trustee. There are many factors and considerations to weigh when selecting a trustee, including whether to nominate co-trustees or successor...
What Does a Personal Injury Attorney Do
If you’ve ever been injured in an accident, you may find yourself wondering if you can handle your accident claim yourself. You may be asking yourself, “what is a personal injury lawyer?” or “what does a personal injury attorney do”....
What Happens When Executor Doesn’t Follow the Will
Part of estate planning is naming an executor of your last will and testament. An executor (called a personal representative in Arizona) is the person who manages the estate through the probate process. Some people choose a professional, such as...
What is a Living Trust and How Does it Work in Arizona?
A living trust is a legal document that allows you to transfer your assets and property to a trustee; the trustee then holds and manages these assets on behalf of designated beneficiaries during your lifetime. After your death, these assets...
Understanding Wrongful Death Claims in Arizona
A wrongful death claim is sometimes the only way for a surviving family member to seek justice for a loved one’s avoidable death. A wrongful death lawsuit is a form of personal injury lawsuit where the injured party was killed....