ESTATE PLANNING
It is estimated that only 20% of American have a Revocable living trust, it is important that you have taken the appropriate measures to create the appropriate legal documents…
BUSINESS CREATION
Starting a business is an overwhelming feat, and it starts with ensuring that you have properly created and submitted your business to the correct agencies.
PROBATE
After experiencing the loss of a loved one the last thing that one wants to do is spend hours in court trying to navigate the complicated probate system…
Articles of Organization vs. Operating Agreements
Articles of Organization vs. Operating Agreements An LLC can help protect your personal assets from business debts and lawsuits. Articles or organization and operating agreements are both documents that are crucial to establishing an LLC. But they serve different purposes. In this article, we will go over the differences between articles of organization vs. operating agreements. Articles of Organization Basics Your articles of organization are filed with your state. They need to include basic [...]
Arizona Living Will Frequently Asked Questions
Arizona Living Will Frequently Asked Questions An Arizona living will is often confused with a last will and testament. But they are two very different documents. In this article, we will go over Arizona living will frequently asked questions. What is a Living Will? An Arizona living will is an advance healthcare planning document. It allows you to outline your end of life treatment wishes in the case of your incapacity. It allows you [...]
Estate Planning Pitfalls for Business Owners
Estate Planning Pitfalls for Business Owners When you have a business, you need a plan about who will take control of it and who will profit from it if you are incapacitated or deceased. It adds an extra layer of complexity to estate planning. In this article, we will go over 5 common estate planning pitfalls for business owners. 1. Not Having a Trust or Will Without a will or trust the state will [...]
Planning for Incapacity
Planning for Incapacity For many people, estate planning is focused on distributing assets after death. But you also need to plan for incapacity due to injury, illness, or aging. Incapacity means you are unable to make decisions and cannot manage financial, personal, and health care matters. In this article, we will go over what you should know when it comes to planning for incapacity. Value of a Power of Attorney A power of attorney [...]
What Information is Needed to Set Up a Trust?
What Information is Needed to Set Up a Trust? Now that you have decided that a living trust is the right estate planning tool for you, what do you do now? What information do you need to set up a trust? In this article, we will go over what you need to set up a trust. Successor Trustee Your successor trustee is the individual or individuals who will care for administering your trust on [...]
Testamentary Trust Frequently Asked Questions
Testamentary Trust Frequently Asked Questions A testamentary trust is a type of trust that only comes into existence through the probate process. In this article, we will go over five frequently asked questions about testamentary trusts. What is a Testamentary Trust? A testamentary trust is a type of trust that is created through a Last Will and Testament. It does not officially come into existence until your death and authentication from the probate court. [...]