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If you’re an investor with significant gains in market investments—whether from stocks, real estate, or a business sale—you may be facing a hefty capital gains tax bill when you decide to sell. Fortunately, a Deferred Sales Trust (DST) provides a powerful solution to legally defer taxes, reinvest your proceeds, and preserve your wealth. At Pennington […]

Andre Pennington, founding attorney of Pennington Law, PLLC, was recently featured on The 1%er Podcast with Andy Elliott. In the episode, he discussed his journey from humble beginnings to his current position as the CEO of an award-winning law firm ranked one of the 1,200 fastest-growing companies in the United States. During the episode, Pennington […]

Pennington Law, PLLC is proud to announce its inclusion in the 2025 AZ Big 100 List. Chosen by the editorial board of AZ Business and AZRE magazines, the honor highlights the 50 people and 50 companies poised to shape the business landscape in Arizona in the new year. As a top-rated estate planning and wealth […]

You need to name a health care power of attorney, commonly called an agent, in your estate plan to make future health care decisions for you if you become too ill or can’t make those decisions for yourself. Your agent shall follow the instructions included in your advance healthcare directive and make other decisions on […]

When nearing retirement, it is important to consider how to create reliable income streams that will last throughout your retirement years. Annuities are one of several options that can help provide guaranteed income in retirement. Annuities convert a lump sum of money or a series of payments into a guaranteed stream of income, essentially creating […]

The Best of Best Review recently selected Pennington Law, PLLC as 2024’s best deferred sales trust law firm in the United States. The distinction recognizes the firm as one of America’s leading legal providers based on factors like client satisfaction, service quality, team strength, and innovation. Pennington Law, PLLC assists clients in seeking ways to […]

Andre Pennington, founder and CEO of Pennington Law, PLLC and Universal Wealth LLC, has been selected for inclusion in the Marquis Who’s Who® biographical volumes.  Marquis Who’s Who® profiles individuals for their notable accomplishments, prominence, and visibility in their fields. As a top-tier estate planning lawyer and registered financial planner, Andre Pennington is a respected […]

Testators planning their estates or reviewing their documents sometimes need more than just a will. Wills are common testamentary instruments that let people choose their beneficiaries or name a guardian for their minor children. However, wills only take effect after their authors die. They also typically only facilitate the immediate transfer of property to specific […]

Many of your beneficiaries may be legal adults as you draft your estate plan. This means you can directly leave assets to them as you see fit. They can take control of financial accounts or real estate, for example. This becomes more complicated if you have a beneficiary who is a minor. In many cases, […]

Life insurance can be a major part of anyone’s estate. Maybe you have a substantial policy that’s going to pay $1 million to your family when you pass away. Your plan may be to divide that money between your primary beneficiaries, such as your adult children. You might think that the only step you need […]