Does Divorce Affect My Estate Plan?
If you’ve already developed an estate plan and you’re facing a divorce, you may worry about how your divorce will affect your current plan. While it’s obvious you will need to make some changes, there may be aspects you can leave as is. However, Arizona dictates certain changes that immediately go into effect when you […]
Breach of the Fiduciary Duty: What You Should Know
Whenever an individual or organization (the principal) appoints someone to make financial decisions with that principal’s best interest in mind, that responsibility counts as a fiduciary duty. In the world of estate planning, executors, guardians, and personal trustees commonly hold this duty. Unfortunately, breaches of fiduciary duty can and do take place. If you need to […]
How To Talk To Your Parents About Estate Planning
Estate planning is one of the most important and one of the most difficult conversations you can have with your parents. It’s vital that you get the family’s financial affairs in order, but these conversations are deeply personal and can often be challenging. Reaching out to your parents about estate planning should be done carefully […]
Dual Income, No Kids? Estate Planning Documents You Should Be Drafting
You have two incomes and no children. So, do you really need estate planning documents? In fact, you might need them more than anyone else. Let’s take a look at why estate planning is so important. The Importance of Proper Estate Planning Let’s say there’s a couple named John and Jane. John passes away without […]