The Importance of a Living Trust
The Importance of a Living Trust: Tips, Tricks, Do's and Don’ts: The importance of a living trust can be overwhelming. Many people have heard of a Living Trust, but few actually know what it is, or why it's important to have one. In this blog, we're going to discuss the importance of forming a living trust, as well as discuss the finer points of what a living trust entails, and some of the [...]
Frequently Asked Questions About Certified Legal Document Preparers
What is a Certified Legal Document Preparer (CLDP)? The Arizona Supreme Court certifies non-attorney legal document preparers in Arizona who provide document preparation assistance and services to individuals and entities not represented by an attorney. What can a CLDP do? Legal document preparers may: provide general legal information as to the procedural requirements of a party in a particular area of law; use tools to perform their own basic legal research at a law [...]
Living Will: Why You Need to Make One Now
Living Will:Why You Need to Make One Now When you think about creating a will a few thing probably come to mind. You probably think about determining who will receive all of your belongings, property, and money when you pass away. You might also think about coming up with plans for your funeral or cremation. However, these aren't the only things that you should focus on. You should also think about creating a living will if [...]
5 Important Differences Between a Will and Living Trust
5 Important Differences Between a Will and Living Trust Did you know that fewer than 50% of American adults have estate planning documents? This is a concerning statistic, as it leaves the state as the default decision-maker. These cases often involve additional time and cost to effectively settle. Additionally, the distributions do not always align with the wishes of the deceased. To ensure that your estate is settled in the [...]
Estate Planning Awareness Week
Estate Planning Awareness Estate planning is a vital step that most adults need to take. Unfortunately, many overlook it. They think they have plenty of time to complete one in the future, or that their estate is not large enough to need one. It is important to note that failing to prepare a proper estate plan can cost your heirs a lot of money and hardship. In honor of estate planning awareness week, we [...]
Living Trust Basics
Living Trust Basics A living trust is an important estate planning document. There are many different types of trusts, each created for special financial situations. Whether your estate is small or large, there is a living trust that will work for your needs. In this article, we will go over the basics of how a living trust works and why you should use one. What is a Living Trust? Put simply, a living trust [...]