By John Even | Published May 8, 2015 | Posted in Probate and Trust Administration | Comments Off on Is Probate Ever a Good Thing?
As most of you already know, generally speaking, I recommend that my clients draft their estate planning documents to avoid probate after a loved one has passed away. With proper planning, it is possible to draft documents that will allow you and your family to avoid probate in almost every situation. As I have stated Read More
Read More
Well, Spring has definitely sprung! And in Arizona, we skipped right past Spring and into Summer in about a week. I know that you probably do “Spring cleaning” at your house every year about this time, but when is the last time that you did “Spring cleaning” for the important legal documents in your business? Read More
Read More
Last Saturday, we all celebrated Valentine’s Day with our loved ones. Like other special holidays and birthdays during the year, it is a great time to tell your family members that you love them and how much they mean to you. One of the best Valentine’s gifts that you can give to your spouse, your Read More
Read MoreI hope that you and your family had a wonderful Christmas holiday! Before the end of the year, there are two charitable giving opportunities that I wanted to bring to your attention from a tax perspective. First, earlier this month, President Obama signed a bill that granted an extension for tax-free distributions from your IRA Read More
Read MoreYour mom, the surviving parent, passes away, and one of your siblings or another relative becomes the successor trustee under mom and dad’s trust. Then, several months go by, and you, a beneficiary of your parents’ trust, get absolutely no notices, and you suspect that something is wrong. Moreover, you have requested information from the Read More
Read More
When most people think of probate, they think of proving up a Will by going to Court, but they have no idea how that happens. Although different states have different statutes for dealing with probates in their state, in Arizona, there are essentially two different ways to administer a Will in probate, either formally or Read More
Read More
It seems like more and more families I know have one of their family members (usually a parent) struggling with Alzheimer’s or dementia. And when one family member is struggling with this disease, then typically the whole family is too. In this situation, lots of issues need to be addressed. Who should be the caregiver? Read More
Read MoreToday is income tax day. So probably the last thing you want to hear about is estate taxes, right? However, there are a lot of misconceptions about estate taxes, and I wanted to take just a few minutes to clear them up and help you understand estate taxes better. What is Estate Tax? Estate tax Read More
Read More
So you just signed your revocable living trust at your attorney’s office, and you are wondering if there is anything else you need to do to make sure that your estate is protected. The answer is yes! You also need to make sure that your assets are actually re-titled into the name of your trust. Read More
Read More
Does My Business Need a Buy-Sell Agreement? In general, when my business clients ask me this question, I recommend that any business with more than one owner (other than married couples) should have a buy-sell agreement. As a result, if your business is currently operating with two or more non-related co-owners, I recommend that you Read More
Read More