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 […]
Can An Irrevocable Trust Be Altered?
An “irrevocable trust” certainly sounds as though it can’t be altered. And, for the most part, it can’t be. But, like many things with law, there are exceptions. Let’s take a look at irrevocable trusts, when they’re used, and when they can be altered. What is an Irrevocable Trust? An irrevocable trust occurs when assets […]
Probate & Common Law Marriage in Arizona
When someone dies, their estate enters into the process of “probate.” If there’s a will, this can sometimes be resolved quickly; an executor will make sure that debts and assets are taken care of. But if there isn’t a will, the assets of the estate will be distributed based on the laws of inheritance. And […]
What is Not Included in a Trust?
Having a trust can be a great way to ensure that your assets end up where you want them after you pass away. Likewise, a trust gives you some added control over spending/use of your assets by your beneficiaries. Still, there’s a lot of misinformation out there regarding trusts and what they entail. Specifically, it […]