What is Joint Tenancy with Rights of Survivorship (“JTWROS”)?
What is Joint Tenancy with Rights of Survivorship (“JTWROS”)? Joint tenancy with rights of survivorship (JTWROS) is a type of property ownership where two or more people hold property together with equal rights and responsibilities. In Phoenix, joint tenancy is most commonly seen in real estate, but JTWROS can also be used with personal property […]
Basic Parts of a Last Will and Testament
What are the Essential Components of a Will? A will is an essential document in a comprehensive Phoenix estate plan. In general, it lays out your final wishes. Below is a list of the basic components of a last will and testament. Your will should include a statement that all prior wills are being revoked. […]
What is Parental Power of Attorney
In general terms, the power of attorney is a legal document created to allow you to name a trusted person to temporarily act on your behalf. It empowers that one individual to act as your “agent” to take care of things when you are unable to do so. It is a common and recommended part […]
A Residuary Clause for Last Will and Testament
When it comes to estate planning, it is important to have a last will and testament that has all the necessary parts. Under Arizona law, a well prepared will usually needs something called a residuary clause. A residuary clause is a part of that last will and testament to pass all other items that a […]
Estate Planning and Succession Planning
Know the Difference and Plan As Needed In very general terms, estate planning refers to personal assets and succession planning lays out the terms for a business. And while both terms refer to plans intended by the creator once they’ve passed, it’s very important not to equate the two terms. A person does not need […]
Revocable Trust and Irrevocable Trust
What To Consider With Trust Options When it comes to your estate plan, the trust provides solid options to protect your assets and ensure your beneficiaries receive those assets with limited difficulties. Revocable Trust Revocable trusts work best for people who want to adapt their estate plans in the face of new information and/or situations. […]
Nicole Pavlik Law Firm Benefiting From the Digital World
During the Covid-19 pandemic, I, like many others, relied on the use of virtual technology to continue serving clients from my law firm in Phoenix, Arizona. When restrictions began to ease and more people ventured out, I realized the value in continuing to use the technology. It’s actually helped many clients. Maybe they have a […]
Can My Will Be Challenged in Arizona
Once you have done your will you may wonder is that enough or can my will be challenged in Arizona. A will filed with the state of Arizona can be challenged, but certain requirements have to be met before the challenge can be made. Arizona law states a petition for probate can be filed regarding […]
Who Can Visit Me in The Hospital?
Generally speaking, most hospitals have an open policy regarding who gets to visit the patient. However, Arizona law does provide legal protection for an individual looking to exercise some authority over who can visit them in a hospital. Because hospitalization can lead to severe changes in personal circumstances very quickly, hospital visitation planning can be […]