Serving Queen Creek, Gilbert, Mesa, San Tan and the entire East Valley

Category: Estate Planning

Serving Clients Across Gilbert, Queen Creek, and the Surrounding Area

Why You Should Put Your House in a Trust
Estate Planning

Why You Should Put Your House in a Trust

Putting a home into a trust has several benefits, from avoiding the lengthy probate process to providing potential tax advantages. This article discusses some of the intricacies of trusts and the importance of consulting with an experienced estate planning attorney. What Is a Trust and Why Is It Important? A trust is a legal arrangement where one person (the grantor) transfers ownership of their assets, like a house, to a trustee. The trustee holds and manages these assets on behalf of the named beneficiaries. One main benefit of putting property in a trust is to avoid probate, which can be…

Read More »
The Difference Between Power of Attorney and Guardianship
Estate Planning

The Difference Between Power of Attorney and Guardianship

Navigating the intricate landscape of elder law can be daunting, especially when faced with the decision between guardianship and power of attorney for elderly parents. This article sheds light on the difference between guardianship and power of attorney, providing clarity on which approach might be the best fit for your family’s unique situation. What Exactly Is a Power of Attorney? A power of attorney is a legal document that empowers an individual, often referred to as the agent; or attorney-in-fact; to act on behalf of another, known as the principal.

Read More »
When to Update Your Will: 8 Reasons You May Need to Revisit Your Estate Plan
Estate Administration

When to Update Your Will: 8 Reasons You May Need to Revisit Your Estate Plan

Updating your will is not just a one-time event. It’s an ongoing process that ensures your estate plan remains relevant and effective. In this article, we’ll delve into the times when you should update your last will and testament and the reasons that can make it necessary. Therefore, if you’re someone who can make a difference through charity or simply want to ensure that your estate planning documents are up-to-date, read on! Why Should You Update Your Will? Your will is a reflection of your wishes at a particular point in time. However, as life evolves, so might your desires…

Read More »
What Is a Power of Attorney, Why It's Essential and How It Works
Estate Planning

What Is a Power of Attorney, Why It’s Essential and How It Works

A Power of Attorney (POA) is a pivotal legal tool that allows one individual to grant another the authority to act on their behalf. Whether you’re planning for the unforeseen future, managing intricate financial affairs, or ensuring that someone can make healthcare decisions for you if you become incapacitated, understanding the nuances of a POA is indispensable. This article dives deep into the realm of POAs, answering vital questions and illuminating its various types and applications. What Is a Power of Attorney (POA)? A power of attorney is a legal document that empowers one person, known as the principal, to…

Read More »
Retirement Planning for Busy Professionals: A Comprehensive Guide
Estate Planning

Retirement Planning for Busy Professionals: A Comprehensive Guide

For many busy professionals, finding the time to effectively plan for retirement can be a challenge. Between personal commitments and demanding careers, setting aside time to create a retirement plan might take a backseat. However, strategic financial decisions need to be made to ensure a comfortable and fulfilling retirement. This retirement planning guide is designed specifically for planning for busy professionals, helping you navigate this essential process efficiently. Why Is Retirement Planning Essential for Busy People? Despite hectic schedules, retirement planning should not be neglected. Busy professionals often have the benefit of a higher income, which, if managed correctly, can…

Read More »
Subscribe!