Estate Planning

Recent Posts in Estate Planning Category

THE QUICK AND SIMPLE WAY TO TRANSFER YOUR VEHICLE UPON DEATH

Many people are unaware that the State of Arizona allows individuals to transfer their motor vehicle outside of probate through a Beneficiary Designation form. You can only use the form on a vehicle ...
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What If I don't have an Estate Plan?

By: Brian G. Winter, Esq. When a person dies and has an estate plan, they have what is called a testate estate. A testate estate is when a person has a Will which sets forth who will be in charge of ...
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Do I Need a Trust?

By: Brian G. Winter, Esq. It is a common misconception that only the very wealthy need a Trust. A Trust is just one of many estate planning tools to consider when preparing an estate plan. Simply put, ...
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Estate Planning for Digital Assets New Law Effective August 8, 2016

By: Brian G. Winter, Esq. Arizona recently enacted the Fiduciary Access to Digital Assets Act (“FADAA”) which goes into effect on August 8, 2016. Prior to FADAA becoming law in Arizona, an ...
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Estate Planning and Same-Sex Marriage

By: Brian G. Winter, Esq. One of the areas of law impacted by the United States Supreme Court 2015 decision in Obergefell v. Hodges, is estate planning. Prior to the legalization of same sex marriage, ...
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How to Keep Your Inheritance Your Sole and Separate Property

By: Michelle J. Perkins, Esq. Now let’s say someone in your family has passed away and you are going to receive an inheritance. You live in Arizona and you are married. Who does the inherited ...
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How to Keep Your Real Estate Your Sole and Separate Property

By: Michelle J. Perkins, Esq. Let’s say that you have decided to get married but you already own a house (that isn’t fully paid for). What can and should you do to keep that house as your ...
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Unmarried and Living Together

According to the U.S. Census Bureau, there were 7.7 million unmarried couples living in the same households in 2010. If you have a life partner and are living together, but are not legally married, ...
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When should you update your Estate Plan?

It is always wise to periodically review your Estate Plan. People experience changes in their personal circumstances over time. In addition, there may be changes in the law that have an impact on a ...
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Estate planning for the not so "traditional" family

A traditional family was once considered a husband, a wife, children, a dog and a picket fence. However, today the number of non-traditional households outnumbers traditional households. According to ...
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As We Age

Arizona had nearly a million residents sixty five or older last year, according to the Census Bureau. [1] The challenges that arise as this population journeys into the silver years is a hot topic in ...
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Do you have an IRA that you are leaving to someone in your estate plan or are you inheriting an IRA from someone?

Properly designating your IRA beneficiary is a critical part of your estate plan. When you open any traditional IRA, you should complete and sign a beneficiary designation form that will state who you ...
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Estate Planning - A Necessity for Everyone

Most of us put off estate planning similar to our alarm clocks going off in the morning, we keep hitting the “snooze” button hoping that we can just go back to sleep putting off the ...
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Revocable Living Trust

Most people have heard they should think about getting a “living trust,” but do you really need it? There is no simple answer to that question­­­. Generally, the more complex ...
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Need for a Power of Attorney

At some point you’ve likely heard the phrase “Power of Attorney,” but what does it really mean? A power of attorney (POA) is a legal instrument that give another person legal ...
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Don't Be Caught Dead Without An Estate Plan

According to Forbes.com, almost 2.5 million American die each year, and many have not signed the basic documents needed to protect loved ones. Estate planning is the process of anticipating and ...
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To Heir or Not

There’s an old law school joke where a professor asks one of his students what it was called when someone died without a Will. The young student answered “unwillingly.” While this ...
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