Estate planning is often misunderstood as something only necessary for the wealthy or the elderly. In reality, it is one of the most important legal tools every Arizona resident should consider—regardless of age, income level, or family status. Whether you are a retiree in Scottsdale, a homeowner in Phoenix, or just starting your financial journey,
In Arizona, there are several types of Power of Attorneys – all of which serve different purposes. In general, a Power of Attorney is the authority to act for another person. Most commonly a power of attorney is used to handle one’s financial or healthcare wishes in the event that they cannot do so themselves.
When considering the “what ifs” of life, it is important to consider having a Healthcare Power of Attorney (“HCPOA”). In simple terms, a HCPOA is a document that designates someone to be your representative or agent in the event you are unable to make or communicate decisions about your health care options. Having a person
from Healthcare Power of Attorney – Why Are They So Important?
While interest rates have risen they are low and many people have re-financed their homes. If you are one of the many that have taken advantage of these great rates and you have a trust included in your estate plan, there is a little extra homework that you should do. I’ve had numerous clients come
from IF YOU HAVE RE-FINANCED YOUR HOME AND YOU HAVE A TRUST YOU MUST READ THIS BLOG
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 that is owned by one person. A transfer through a Beneficiary Designation allows the beneficiary to inherit the vehicle, subject to any
from THE QUICK AND SIMPLE WAY TO TRANSFER YOUR VEHICLE UPON DEATH
Probate is the legal process in which a Court administers a person’s legal and financial matters after their death. There are two types of probate estates – testate and intestate. A testate estate is when a person dies with a will. The will is submitted to Court for a determination of whether the will is
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, a Trust is an agreement in which the Settlor, the person creating the Trust, transfers their property to a third party, a trustee,
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 authority to make decisions on an individual’s behalf if they are physically incapacitated or mentally incompetent. The individual chosen to act on the individual’s behalf
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 may have been good for a laugh, the correct term is “intestate.” If you are married and die without a Will, your property will
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All consultations are confidential.
Speak with an experienced Scottsdale divorce attorney.
All consultations are confidential.
