Posts Tagged ‘arizona estate planning lawyer’
Parental Power of Attorney in Phoenix Estate Plans
A Parental Power of Attorney (POA) is key to thorough estate planning, especially in Phoenix, Arizona. Learn about this document’s details and how it fits with Arizona law. Phoenix estate planning attorneys are here to help. This POA is crucial for parents who want to secure their kids’ futures. So, this post looks at the…
Read MoreRevocable vs. Irrevocable Living Trusts: Choosing the Right One for Your Needs
Understanding the distinction between revocable and irrevocable living trusts is crucial for effective estate planning. At Nicole Pavlik Law Firm in Phoenix, Arizona, we emphasize the importance of local laws and the specialized guidance an experienced Phoenix estate planning attorney can provide. Here, we’ll explore these two types of trusts in the context of Arizona…
Read MoreProtecting Inheritance From Taxes
One of the goals when you create an estate plan at Nicole Pavlik Law Firm is protecting your inheritance from taxes. In general, you should be aware of four types of taxes when creating your Phoenix estate plan: 1) estate tax, 2) inheritance tax, 3) gift tax, and 4) income tax. Do You Have to…
Read MoreArizona Estate Planners Use Electronic Wills
In 2018, Arizona became one of the first states to allow for the creation of electronic wills. To learn more about electronic wills, contact estate planning attorney Nicole Pavlik. What is an Electronic Will? An electronic will (e-will) is a will that is created and maintained in an electronic record. Instead of printing and executing…
Read MoreWhere is Probate Filed In Phoenix?
If you are named the personal representative of a will, you likely will have questions about what to do next including “Where is probate filed in Phoenix?” In Phoenix, probate filings can be made in person, by mail, or via a filing depository box. Where is Probate Filed in Person in Phoenix? Probate filings can…
Read MoreEstate Planning After Divorce
Rebuilding your life after a divorce is an important process. One task that is critical not to overlook is updating your estate plan. As an estate planning lawyer, Nicole Pavlik has helped many new divorced men and women properly update or create estate plans that reflect their new status. Below is a list of six…
Read MoreWhat Does an Estate Plan Cost?
The price of creating an estate plan in Phoenix varies dramatically depending on the attorney that you use. For instance, the Nicole Pavlik Law Firm provides top-rated services at fair, upfront pricing, so planning for your future can be affordable. Typically, her services are handled on a flat fee basis. Below is an outline of…
Read MoreWho Should I Choose for Power of Attorney?
A power of attorney is an important tool to include in every Phoenix estate plan. It is a document where you appoint someone to act on your behalf regarding legal, financial, or medical matters. There are two main types of powers of attorney that you should include in your Phoenix estate plan: a health care…
Read MoreDo I Have to Be Wealthy to Have an Estate Plan?
It is a common misconception that estate plans are only for the wealthy. No matter what your net worth is, you should have an estate plan. What is an Estate Plan? An estate plan is a series of documents that allow you to leave important instructions about what should happen to your property, children, and…
Read MoreA 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…
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