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A trust is a legal document that allows you to manage the distribution of your estate after you pass away. A trust is arranged with a trustee who is responsible for overseeing and managing trust funds. A trustee will, typically, distribute assets to beneficiaries after you pass away. Revocable trusts are commonly added to estate […]

When looking for a way to safeguard your assets, choosing a business structure is crucial. There are several legal structures designed to provide asset protection, each offering varying levels of security and benefits. Legal guidance can be helpful in determining the best business structure among the following that will align with your specific asset protection […]

Every parent dreams of securing a good and comfortable future for their children. One of the ways you can do that is by establishing a trust. However, establishing a trust can be daunting, and it’s important to avoid common mistakes to better ensure that your trust effectively meets your goals. Here are tips on avoiding […]

Surprise, AZ – August 13, 2024 – Pennington Law, PLLC is proud to announce that the firm has been honored with a place on the prestigious 2024 Inc. 5000 list, which recognizes the fastest-growing private companies in America. This remarkable achievement highlights the firm’s consistent growth, dedication to client service, and leadership under Founding Attorney […]

Estate disputes are more common than many people realize – and they can end up tearing a family apart. Understanding the common reasons for inheritance disputes may help you take a more strategic approach to your estate planning process so that your family doesn’t end up in litigation after your death. Some of the biggest […]

A charitable remainder trust (CRT) is a type of irrevocable trust that often plays into asset protection and wealth preservation strategies. CRTs are designed to minimize taxes on certain assets while generating an income stream for the primary (noncharitable) beneficiaries for a set time – after which all remaining assets go to the remainder (charitable) […]

Forbes Finance Council is an invitation-only community for executives in accounting, financial planning, wealth and asset management, and investment firms. August 1, 2024  — Andre L. Pennington, Esq., of Pennington Law, Estate Attorney & Registered Financial Planner, has been accepted into Forbes Finance Council, an invitation-only community for executives in accounting, financial planning, wealth and […]

Adults should have an estate plan that clearly conveys their wishes for when they pass away. Part of the estate planning process involves providing instructions for who will receive which assets. This can be done in a will, but that’s not the best option in every situation. Another option for passing down assets is trusts. […]

Technology has made it easier for people to shop, work, bank and much more. In many ways, technology has also made estate planning easier. Or has it? There are numerous websites out there offering cheap templates for wills. The idea is that you fill these out with minimal assistance or even completely on your own. […]

Surprise, AZ – June 2024 – Advantage Estate Plans is proud to announce its official launch, offering comprehensive estate planning services designed for Realtors to provide their clients with a valuable lifetime gift. Founded by Andre Pennington, an established attorney with extensive experience in estate law, Advantage Estate Plans is dedicated to helping Realtors go […]