What are the 5 D’s of succession planning?
Every strong business plan needs succession planning to keep things running smoothly. It’s about making sure the business stays on track even when leaders change. The 5 D’s of succession planning are key: Death, Disability, Divorce, Disagreement, and Distress. These aren’t just possibilities; they’re real events that can shake a business. By planning for these, […]
Do I need an attorney to set up a trust in Arizona?
Starting your estate planning in Arizona raises a key question: Do you need a trust attorney? While you can set up a trust on your own, Arizona’s laws are complex. This might make you think twice about going it alone. People often weigh the cost of hiring an attorney against the benefits of a well-made […]
Do you need a lawyer for probate in Arizona?
Do you need a lawyer for probate in Arizona? Losing a loved one is very hard. Managing their estate can feel like too much. In Arizona, the probate process has many legal and administrative tasks. Arizona Probate law is complex. This makes it important to think about getting a lawyer. An experienced Arizona probate attorney […]
Is estate planning worth it?
Is estate planning worth it? When thinking about the future, many wonder if estate planning is worth it. It’s a key strategy for those with assets or families to support. Estate planning goes beyond just a will, ensuring your wishes are followed after you’re gone. It helps with managing assets, making healthcare choices, and dealing […]
What is Probate?
What is Probate? Posted: Saturday, March 29, 2025 Probate is the legal process of administering and distributing a deceased person’s estate. This process ensures the proper transfer of assets—such as real property, bank accounts, investments, and personal belongings—to rightful heirs or devisees (beneficiaries under a Will) and settles outstanding debts or taxes. The probate process […]
What is Estate Planning?
What is Estate Planning? Posted: Wednesday, March 26, 2025 Estate planning involves preparing for the management and distribution of your assets after your death or if you become incapacitated. Every adult needs an estate plan – the complexity depends on individual circumstances at creation and in the future. When you engage in estate planning, you […]
Consequences of Dying Without a Will in Arizona
Consequences of Dying without a Will Posted: Saturday, March 22, 2025 People often ask, “what happens if I die without a Will?” The answer can be complicated and varies based upon the situation and the value of assets left by the deceased person – but is often “not what you want.” In the event of […]
What is the difference between an estate lawyer and an estate planner?
It’s important to know the difference between an estate lawyer and an estate planner. Both are key in managing your assets. An estate lawyer deals with legal matters after you pass away, like probate and wills. They make sure your wishes are followed. An estate planner, on the other hand, helps with planning the transfer […]
How much does estate planning cost in Arizona?
The cost of estate planning in Arizona changes a lot. It depends on how complex the estate is, the lawyer’s experience, and extra services needed. If you’re looking for cost estimates, here’s what to keep in mind. Basic estate planning costs between $1,000 and $3,000. Setting up a revocable living trust (RLT) can cost between […]
What is the difference between a probate attorney and an estate planning attorney?
Estate planning attorneys help people plan for the future. They create wills and trusts to manage assets after someone dies. Probate attorneys, on the other hand, handle the legal process of distributing assets after someone has passed away. Most people don’t have a will, which is why estate planning is so important. Hiring an estate […]
What is the difference between will and estate planning?
Understanding the difference between will and estate planning is key for managing your assets after you pass away. A will outlines how your assets will be distributed, while estate planning covers more. It includes wealth transfer, handling incapacitation, and reducing taxes and legal fees. Choosing between a will and a trust depends on your needs. […]
What are the 7 steps in the estate planning process?
Estate planning is about deciding who gets your stuff if you die or can’t make decisions. It means making a list of all your things, like houses, cars, and money. It also covers debts and taxes. This planning helps cut down on taxes and makes sure your loved ones get what you want. It’s a […]
