Author: Pennington Law, PLLC
Author: Pennington Law, PLLC
Estate planning is crucial in managing your assets and ensuring your final wishes are honored. Legal guidance helps you create a plan that meets your financial needs and protects your family, but you also have a role in securing your final wishes. Once you have created an estate plan, you must ensure it remains secure […]
Probate is the process of settling someone’s estate after their death. When a loved one passes away in Arizona, their estate may need to go through probate. Navigating probate can be challenging depending on your family member’s assets, debts, and whether they had a valid will and clear estate plan. If you need help understanding […]
People decide to start preparing for death for many different reasons. Some people have personal medical challenges that they simply cannot ignore. They take action because their future health is uncertain. Others engage in estate planning out of concern for their dependent family members or a desire to control what happens to their property. Regardless […]
Most people preparing for retirement focus primarily on setting aside enough capital to leave the workforce. However, it is smart to take things a step further than that. People who plan to protect their retirement funds before transitioning to live on a fixed income can enjoy greater financial stability and the peace of mind that […]
Powers of attorney are a cornerstone of estate planning in Arizona. These crucial legal tools ensure that loved ones know what to do in an emergency, but they must be executed properly. Here’s an explanation of what powers of attorney do, why they’re important, and how to make them legally binding. What is a […]
An effective estate plan is critical to protect your assets and ensure a comfortable future for your loved ones after you die. Various legal instruments in Arizona can help protect your finances, account for your needs as you age, and minimize tax consequences on your estate. Consulting a Buckeye estate attorney can help you employ […]
Trusts can be very usual tools for couples who want to protect and manage their assets during their lifetimes and ensure a smooth transfer of wealth to the next generation. Joint trusts are a type of living trust created by two people (usually a married couple) that allows them to combine their assets into one […]
Traditionally, many people name their oldest adult child to be the executor of their estate – but this is done out of a sense of propriety, not necessarily rationally. Selecting your oldest to be your executor could, in fact, lead to numerous problems. Consider these: There may be a huge potential for family conflict Younger […]
Probate can be a time-consuming and costly process that may exacerbate family stress during an already difficult time. While there are several ways of avoiding the process in Arizona, many people do not engage in estate planning proactively in this way. The following are several benefits you can gain by working with an experienced legal […]
Are you a military veteran or still in active service? If yes, thank you for your service. Know that estate planning is a great way to better ensure the smooth transfer of assets, provide for loved ones and plan for the future. Understanding unique considerations for veterans and active military personnel can help you to […]