Estate Planning
Is It a Good Idea to Do Estate Planning?
Is it a good idea to do estate planning? Many people delay thinking about what will happen to their assets, loved ones, and responsibilities after they pass away or become incapacitated. Yet, one of the most empowering steps you can take is to create a comprehensive estate plan. Regardless of your age, income, or family…
Read MoreThe Importance of a Domestic Partnership Agreement in Estate Planning
In Arizona, unmarried couples who live together often share many aspects of life, including property, finances, and long-term goals. But without the legal recognition of marriage, domestic partners do not receive the same automatic protection under state estate laws. That’s why creating a Domestic Partnership Agreement is a smart and essential step. Understanding the legal…
Read MoreWhat Is the Difference Between a Will and an Estate Plan?
Many are often confused about what is the difference between a will and an estate plan. While these terms are sometimes used interchangeably, they serve very different purposes. Understanding how they work can help you make informed decisions about your legacy. Differences Between Wills and Trusts: Defining the Terms A last will and testament is…
Read MoreChoosing the Right Durable Power of Attorney for Your Estate
What is a legal durable power of attorney (DPOA)? It’s one of the most critical decisions when planning for the future of your estate and personal affairs. Let’s explore what it entails and how to choose the right agent to protect your interests. Durable Power of Attorney 101 A durable power of attorney is a…
Read MoreSpecial Needs Trust vs. ABLE Account: Which One Works Best?
Do you know how to provide financial security for a loved one without jeopardizing their eligibility for government benefits? The two most common tools for achieving this are special needs trusts (SNTs) and ABLE accounts. How do you decide which option works best? Special Needs Trusts vs. ABLE Accounts A special needs trust is a…
Read MoreFinal Disposition Instructions for Digital Assets: Protecting Your Online Presence
Most of our lives are lived online, from social profiles to email accounts and cloud storage. Digital assets are a part of our estate, yet many people overlook them when creating a trust or will. Adding final disposition instructions for digital assets is crucial in the modern world. Including digital assets in your estate plan…
Read MoreWhy a Special Needs Trust for Adults Is Critical for Lifelong Care
Few tools are as powerful and profitable as a special needs trust for adults when protecting the future of a loved one with disabilities. These contracts are a cornerstone of lifelong care planning with a trust, offering peace of mind, financial protection, and long-term stability for individuals who may never be fully independent. What Is…
Read MoreCan a Living Will Cover Dementia Care Preferences?
We often associate living wills with emergencies like life support and feeding tubes. But what about something more gradual and deeply personal, like dementia? Can a living will cover dementia care preferences? This blog lays it out. Dementia Care in Advance Directives A living will is a type of advance directive, which is a legal…
Read MoreWhat to Include in a Final Disposition Instructions Letter
One of the most personal and often overlooked pieces of an estate plan is the Final Disposition Instructions Letter. This simple document tells your loved ones and your estate planning attorney how you want your body and remains handled after death. What Is a Final Disposition Letter? Many people assume their loved ones will know…
Read MoreIs A Power of Attorney Better Than An Executor?
Is a power of attorney better than an executor, and what’s the difference? Many people assume these terms are interchangeable or that one is more powerful than the other. However, each role has a different purpose in an estate plan. Executor vs Power of Attorney Responsibilities Let’s break down the differences and clarify duties. What…
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