Posts Tagged ‘phoenix estate planning attorney’
What is the Definition of a Trust Fund?
You may have heard of a trust fund. Knowing the definition of a trust fund may not be part of your vocabulary though. A trust fund is the legal entity that assets are transferred into when a trust a created. The trustee controls the trust funds on behalf of the beneficiaries. That is a lot…
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 MoreHow To Plan For a Second Family
Planning for a second family may be an important part of your life. Having a child is a joyous time, especially if you are welcoming a child with your second marriage. Like every significant life change, having a baby should prompt you to review and update your estate plan. If you are starting a second…
Read MorePhoenix Virtual Estate Planning
Leading estate planning attorney, Nicole Pavlik, has introduced virtual estate planning to her Phoenix practice. Now you can take advantage of top-rated estate planning services without ever leaving the comfort of your home. What is Virtual Estate Planning? Virtual estate planning refers to when the Nicole Pavlik Law Firm’s estate planning services are offered virtually…
Read MoreAdding a Trust to Your Estate Plan
Trusts are valuable estate planning tools that many people should consider adding to their Phoenix estate plans. There are many different types of trusts that may offer unique benefits to you and your family. In the Phoenix area, if you are interested in adding a trust to your estate plan, contact Nicole Pavlik, an experienced…
Read MoreShould I Provide For My Stepchildren As Well As My Biological Children?
Whether or not to include stepchildren in your Phoenix estate plan is a very personal decision. There is no legal obligation to include stepchildren in Arizona, so the choice is entirely your own and should be given a thoughtful consideration. Sometimes couples in second marriages agree that each parent should leave an inheritance to their…
Read MoreCharitable Giving in My Estate Plan
For many individuals, charitable giving is a large part of their lives. Continuing this tradition after your death by including charitable giving in your estate plan is a wonderful way to help cherished organizations. Done properly, charitable giving can also result in substantial tax benefits. There are many different ways that you can include charitable…
Read MorePlanning for Incapacity is Part of Estate Planning
Many people do not realize that estate planning includes more than planning for the distribution of your property after your death. A significant part of estate planning deals with planning for incapacity. This means planning for your healthcare as well as financial decisions if you become incapacitated. An individual is considered incapacitated when they cannot…
Read MoreSecond Marriages and Estate Planning
It is critical to update your estate plan every time you experience a significant life event, such as getting married. Individuals getting remarried face unique estate planning challenges. If you do not plan carefully, you could neglect certain family members or cause family discord. An experienced Phoenix estate planning attorney can ensure that you have…
Read MoreWhat If I Die Without a Will?
What is Intestate Succession? When a person dies without a will in Arizona, it is called dying intestate. Arizona has intestate succession laws that dictate who administers your estate and how it is distributed if you die without a will. Because you did not create a will, the state decides how the property is distributed.…
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