Blog

For many people, the aim of estate planning is to preserve wealth for future generations. Various estate planning strategies can help achieve this goal, including dynasty trusts. A dynasty trust is a type of irrevocable trust structured to last for many generations. Its purpose is to minimize estate and gift tax liabilities that occur when […]

When you’ve worked hard throughout your life to build wealth, you will want to protect it to enjoy in your later years and pass it on to your loved ones. An asset protection trust in Arizona can give you the legal tools you need to preserve the fruits of your hard work. An experienced trusts […]

Many people choose to manage and protect assets such as their primary residences by placing the property in a revocable trust. However, Arizona homeowners who consider putting their home in a trust may not be aware of how doing so may impact their right to an Arizona homestead exemption.     Understanding Arizona’s Homestead Exemptions […]

Many people don’t realize what happens when a person dies without a will in Arizona. In the absence of a will, the state decides who inherits your property, which may lead to unintended consequences. Your assets could go to a relative you would have preferred to disinherit simply because that’s what the law dictates. Dying […]

Estate planning for second marriages can be a complex process. Spouses in blended families usually want to leave assets to their children while also providing for their new spouse and any additional children or step-children. You can account for new family dynamics in a well-crafted estate plan. If you’ve recently gotten remarried, here are a […]

When an estranged relative contests a will in Arizona, the probate court must determine whether the will is legally valid. If the court upholds the will, the deceased’s property and assets are distributed according to its terms. However, if the will is found to be invalid, the estate is typically distributed under the state’s intestate […]

When you establish a revocable trust as part of your estate plan, you will also need to name someone to manage the trust on behalf of its beneficiaries. This individual is called the trustee. In Arizona, you can structure a trust so that the duration of the trustee’s management is set for a certain period […]

Living trusts are powerful estate planning tools that can help you avoid probate, prevent delays in passing along your inheritance, and control what happens to your estate after you’re gone. Here’s what you need to know about creating a living trust in Arizona, and how an experienced estate planning lawyer can help you achieve your […]

Life estates have become popular tools in Arizona estate planning. They help people pass on their home or other real property to their families or other heirs while avoiding the probate process. However, as with any estate planning tool, it’s crucial to know how to structure life estates correctly and understand the complications they can […]

When an Arizona resident who owns property in other states passes away, finalizing their affairs will require probate proceedings in any place where their property is located. Arizona courts have no authority to order the disposition of property located in other states. These circumstances can raise considerable confusion during estate administration without proper planning. If […]