Year: 2023

Arizona real estate investors have options to keep their properties out of probate when making an estate plan. Just as trusts can often be a convenient solution for other types of assets, a land trust may be a good option for managing real estate holdings. By creating a land trust, the grantor creates a legal […]

Estate planning is a critical step for Arizona parents residing in areas like Surprise, Sun City West, Buckeye, and Peoria who want to secure their family’s financial future. However, when multiple children are involved, the potential for conflicts and inheritance disputes can become a concern. This comprehensive guide offers valuable strategies and insights to help […]

When it comes to estate planning, making informed decisions about wills and trusts is crucial. At Pennington Estate Planning, serving Surprise, Sun City West, and Buckeye, Arizona, we offer expert guidance to help you understand the distinctions between these essential estate planning tools. Discover how our comprehensive approach addresses probate avoidance, privacy considerations, and creditor […]

How an Asset Protection Plan Can Help Safeguard Your Wealth As hard-working adults in Arizona, particularly in Surprise, Sun City West, and Buckeye, protecting the assets we leave behind is of paramount importance. However, individuals in high-risk professions, such as doctors, nurses, celebrities, truck drivers, and other dangerous jobs with high incomes, face unique challenges […]

Maintaining an up-to-date estate plan is crucial to safeguarding the future of your loved ones and ensuring that your assets are distributed according to your wishes. Unfortunately, many people in Arizona overlook the importance of regularly revising their estate plans, leaving their families vulnerable to unforeseen challenges. In this article, we will explore the significance […]

Planning for retirement in Arizona is an important step towards securing your financial future. While saving money is crucial, it’s equally vital to implement strategies that protect your hard-earned assets. In the West Valley, where Surprise, Sun City West, and Buckeye thrive as vibrant retirement communities, Pennington Law emerges as the premier law firm offering […]

There are many ways to build up and preserve your wealth in Arizona. Indeed, you can’t always predict how market investments will turn out. However, you can still prepare adequately for any reversal of fortune that may take place. Moreover, doing so will be your best bet to preserve the wealth you have worked so […]

Creating significant wealth in Arizona is difficult. For most people, it involves starting or owning part of a business and doing everything they can for it to take off. However, you’d be surprised to know that keeping your wealth is even more difficult than getting it. Here’s why. Taxes The state and the federal government […]

When it comes to safeguarding your valuable assets from potential creditors, placing them into a trust is often considered a reliable method. However, it’s essential to understand that utilizing a trust is not the sole option available for asset protection. In this article, we will explore alternative approaches that can effectively shield your home, car, […]

While being part of a tight-knit Arizona family is great, families must sometimes have tough conversations. However, these tough conversations can help prepare your family for emergencies. Fortunately, you can keep yourself, your adult children, and your estate protected if a tragedy occurs by letting your children know where your assets are in case the […]