Serving Queen Creek, Gilbert, Mesa, San Tan and the entire East Valley
For most of us, the first time we ever thought about probating a will is when someone in our family has died. So, what does it mean to probate a will?
Estate planning can be an emotional and challenging endeavor. However, here are three tips to make it easier and to help you prepare for the future.
The word “estate” has always been connected to “ultra-rich” families, those with a lot to leave behind after their death. However, definitions have changed, and anyone who has anything to leave behind needs to plan their estate. “Estate planning” essentially becomes your family’s guidebook, once you are no longer in the picture. Sounds important? Definitely, and here’s why.
Most people should have a will, but it’s rarely the most significant estate planning document that an individual will hold.
Expert tips on why starting your estate plan early, choosing beneficiaries, and thinking about how you want to transfer your wealth to the next generation are critical for your financial future.
My spouse passed. I have stepchildren who want a percentage of the profits from selling our house. What are they legally entitled to with no will?
If the deceased has a will, it usually names a close relative, friend, accountant, attorney or financial institution to act as executor of the will.
A popular technique is to use a qualified terminable interest property (QTIP) trust.
In some cases, estate planning can be quite simple. In others, it can be a complex process with far-reaching consequences. In either case, it is important to review your wishes and have the proper documents prepared to ensure that they are followed at your death.
Is it better to help your children when you’re still alive? Or wait until after you die?
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