3 Important Qualities to Look for in a Trustee or Personal Representative for Your Estate.

One of the most important decisions you must make when making your estate plan is who will handle things for you when you die. The Importance of a Personal Representative or Trustee. In Arizona, a “Personal Representative” administers your estate and remains in charge until your estate is legally closed. Depending on the complexity of [...]

If I Have a Will, Do I Need a Living Trust?

Many people wonder why they should consider having a  “Living Trust” (sometimes called an “inter vivos trust” or “revocable trust”) if they have a will. Isn’t just having a Last Will and Testament (“will”) good enough? Well, not necessarily. It depends. That is not to say that you don’t need a will—you do. Even if [...]

By | 2018-03-07T20:43:00+00:00 March 23rd, 2018|Estate Planning, Trusts, Wills|0 Comments

Love is in the Air! What We Love About Revocable Living Trusts.

  February 14 was Valentine’s Day! Just think of it: romance, roses, candlelight dinners… and, of course, chocolate! What in the world could be better than that? Only one thing that we can think of… a Revocable Living trust. What is a Revocable Living Trust? More commonly called a “Living Trust” (or, sometimes, “inter vivos [...]

By | 2018-03-07T20:57:56+00:00 March 19th, 2018|Estate Planning, Trusts, Wills|0 Comments

Divorced? Some Special Considerations for Estate Planning After Divorce.

Without question, divorce is a painful and overwhelming process. Paperwork, custody battles, attorney’s fees; the list of tasks and emotional rollercoaster can seem to be never-ending. But just as important as signing the divorce papers and working out custody, after a divorce, you must make changes to your estate planning documents. “X” Your Ex Out [...]

By | 2018-03-07T20:34:59+00:00 March 16th, 2018|Estate Planning, Trusts, Wills|0 Comments

Personal Representative, Beneficiary, Trustee — Who Are These People?

In estate planning, you may often hear these titles being kicked around: Personal Representative, Beneficiary, or Trustee. But who are these people and what do they have to do with your Legacy Estate Plan? Let’s find out. Trusts, Beneficiaries and Trustees. Before we can have a beneficiary or trustee, we first need to have a [...]

By | 2018-03-07T19:48:32+00:00 March 12th, 2018|Estate Planning, Trusts, Wills|0 Comments

How to Choose a Personal Representative for Your Estate.

  Can you guess what any successful business, large or small, has in common with the seamless and efficient administration of someone’s estate? Give up? The answer is that they both have a capable, responsible, trustworthy person at the helm. The Importance of a Personal Representative to Your Estate Plan. When you pass away, someone [...]

By | 2018-03-07T19:40:55+00:00 March 9th, 2018|Estate Planning, Trusts, Wills|0 Comments