Category: Estate Planning
Divorces in Arizona are often complex and stressful. This is especially true when there are disputes about child custody and the division of assets. Charitable contributions can also become complex during a divorce, and this is because most charitable contributions get made on behalf of the couple while married; however, this is no longer the […]
Estate planning is not just about securing the future for your loved ones; it’s an opportunity to extend your compassion beyond your lifetime. Charitable giving through your estate plan adds a deeply fulfilling dimension to your legacy, allowing you to make a lasting impact on causes dear to your heart. Expressive Giving: Including a charitable […]
Estate planning serves as a crucial step in securing your legacy and protecting the well-being of your loved ones. It involves the creation of legal documents designed to ensure your assets are distributed according to your wishes and that your dependents are cared for in the manner you desire. Among these documents, the last will […]
As an Arizona resident, ensuring the well-being of your beloved pets is a vital component of your estate planning strategy. With over 80 million households owning pets nationwide, it’s clear that our furry companions hold a special place in our hearts. In this guide, we’ll explore how you can include your pets in your estate […]
Navigating the intricate landscape of estate planning in Arizona demands a strategic approach to wealth preservation. In the pursuit of comprehensive financial security, individuals turn to Inheritance Protection Trusts, expertly crafted by the esteemed Arizona Estate Planning attorney, Pennington Law. Uniting legal prowess with a deep understanding of Arizona law, these trusts offer a robust […]
In the state of Arizona, strategic estate planning plays a pivotal role in ensuring that your wealth is passed on to your beneficiaries according to your precise wishes. Among the myriad of tools available for estate planning, trusts emerge as one of the most flexible and robust solutions. Let’s delve deeper into the top four […]
The essence of creating an estate plan in Arizona is to pass on your legacy to your kids so that they can continue improving or building on what you started. Therefore, it’s only wise to bring them on board when making these crucial decisions. Here’s how to go about it. Have a serious conversation about […]
Many Arizona residents include individual retirement accounts in their estate plans. These tax-deferred accounts allow people’s savings to grow without being taxed until they reach age 70 1/2 or begin making withdrawals. Because of this, people who make regular contributions to their IRAs throughout adulthood can save significantly, depending on whether they make the maximum […]
You worked hard and made sound financial decisions throughout your life. Now, you want to pass along as much of the wealth you’ve accumulated as possible to the next generation. Tax efficiency is a crucial element of your estate plan. At Pennington Law, PLLC, we help Arizona residents build comprehensive estate plans incorporating effective tax […]
In today’s digital age, protecting your online assets through estate planning is more important than ever. Online assets include social media accounts, digital photos, emails, and cryptocurrency. Accessing these assets after someone dies can be challenging or even impossible without proper planning. If you have substantial digital assets, an experienced estate planning lawyer can help […]