By John Even | Published September 30, 2016 | Posted in Estate Planning |
With Alzheimer’s and dementia becoming more and more prevalent these days, more and more clients are asking me how to plan for incapacity in case they develop one of these devastating diseases. In addition, you may have your documents in place to plan for an incapacity, but your parents or other loved ones may need Read More
Read MoreAfter someone passes away, there are several things that a trustee needs to do to make sure that a trust is administered properly. In order that the successor trustee doesn’t miss any steps, I always recommend seeking the advice of an experience attorney to assist them in the process. In addition, I recommend that successor Read More
Read MoreFor many of my clients who own businesses, their business is the largest asset in their estate. As a result, it is critical that this asset be properly transferred after their death. For businesses that have two or more owners, a buy-sell agreement can efficiently set forth the way the transfer will occur, and this Read More
Read MoreWhen I meet with clients, I get asked this question all the time. In general, there are lots of great reasons for having a living trust, but trusts are not for everyone, and you will need to examine your personal situation to make sure that a trust makes sense for you and your family. Is Read More
Read MoreAfter a loved one dies, the biggest question that the family has is: “Do we need to go through a probate?” This leads to the next question, which is: “Are there different types of probate?” In Arizona, there are essentially three different ways of administering an estate: (1) small estate affidavit for small estates; (2) Read More
Read MoreIf you are a business owner, employee issues are inevitable. At some point, you will receive an EEOC complaint (or the state equivalent) from a disgruntled employee. Because these types of charges can have serious repercussions, including the possibility for large damage awards against your business, it is important to know your options and to Read More
Read MoreSometimes I get asked this question when a client’s mom or dad has dementia or Alzheimer’s. This blog discusses when a guardian or conservator is necessary and ways that you and your family can plan for incapacity in order to avoid the need to go to court if this ever happens. Key Definitions First, it Read More
Read MoreAfter my clients have signed their wills or trusts, they usually ask me how often they need to have them reviewed and possibly updated. In general, the answer varies depending on the complexity of their estate and other factors in their family. However, I generally tell people that it is a good idea to have Read More
Read MoreFor many of my clients who own businesses, their business is the largest asset in their estate. Yet, many of them fail to plan for this important asset. For family-owned businesses, there is generally one simple choice that the owners must face regarding their business – should we pass the business onto our children or Read More
Read MoreAs most of you already know, generally speaking, I recommend that my clients draft their estate planning documents to avoid probate after a loved one has passed away. With proper planning, it is possible to draft documents that will allow you and your family to avoid probate in almost every situation. As I have stated Read More
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