Now that 2013 has officially entered the fray, there may be tons of plans you have in place to get yourself organized. From cleaning your home from top to bottom to getting your finances in order and more, it seems like life organization is a common theme spread throughout the month of January as New Year’s fever is in full swing. There is another consideration to keep in mind during this time and that’s estate planning. It’s never too early to draft your Arizona living will or Arizona living trust and ensure that your wishes are honored should you pass away.

To start, determine which products are most effective for your needs. For instance, an Arizona living trust is a document that you can utilize to put your major assets – such as your house for instance – under the control of the trust. This means that should you pass away, your home would go to the person listed as your beneficiary in the trust instead of passing through the more traditional process of probate. Probate, which is associated with a traditional Arizona will, can be costly and time-consuming. An Arizona living trust keeps your major assets in your control until you pass or can no longer assume responsibility for them and is a quicker and more cost-effective resolution to such assets.

An Arizona will is one of the most common products used in estate planning. It is where you can list some of the major considerations and wishes associated with your estate and gives you an outlet to be as detailed as possible with your planning. By comparison, an Arizona living will does the same particular to your medical wishes. As you go into the New Year, you never know what will happen to you medically-speaking. An Arizona living will puts the control in your hands to make medical decisions on potential situations that could occur. It also provides a place for you to name the person that you would want to make decisions on your behalf should you fall ill and become no longer able to do so.

There are numerous tools to use in your estate planning arsenal. However, choosing the right one for you is essential to ensuring your future wishes are followed in every capacity, from your health-related wishes to those regarding your assets and estate in general. Take the time to make solid plans for your estate to ensure that your loved ones are clear about what you would have wanted.

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If you are not sure as to what legal document you currently have contact one of our professionals to help you with your estate planning. They will make sure you have all of your grounds covered and have the right legal documents that best suite your wants and needs.

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