Serving Queen Creek, Gilbert, Mesa, San Tan and the entire East Valley
Elder law focuses on the needs of people over the age of 65. The major areas of this specialty are estate planning, long-term care planning, special needs planning, disability planning, conservatorship or guardianship and elder abuse.
Receiving a financial windfall like an inheritance can be an emotional time — one that might prevent you from seeing the bigger picture.
Stay the course. Don’t overreact. Think long-term.
Those beneficiary forms you filled out years ago can supersede your other estate plans.
Inheritance trusts take on critical importance in wealth management, particularly for multi-generational families.
What are some signs I should seek out an elder care lawyer?
In general, your assets go to the people you probably want to inherit them. However, if you want to leave anything to your parents, siblings, nieces or nephews, friends, in-laws — or if you want to eliminate someone from your plan for any reason — you need to create a will.
A trustee is a person or entity who’s appointed to manage assets held in trust on behalf of a third party. There are few formal restrictions on who can serve as a trustee.
For those who want to avoid the court-controlled process that takes place after a person’s death (known as ‘probate’)—using a Revocable Living Trust is typically the best way to do so.
As life is unpredictable, it is better to start planning sooner rather than later. In fact, upon attaining the legal age of majority in your state of residence (typically at age 18), you should begin considering some form of an estate plan.
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