Everyone should have an estate plan in place for the unexpected, and having up to date Arizona estate planning documents will ensure that your estate is properly managed in accordance to your wishes rather than Arizona law.
Document 1 – Last Will and Testament
If your estate is will based, your last will and testament is one […]
If you have a traditional Arizona IRA there are withdrawal rules that you should be aware of, and there are many differences between a traditional Arizona IRA and a Roth Arizona IRA. If you withdraw money from a traditional Arizona IRA before the age of 59 ½ the amount will be subjected to a 10% […]
Estate planning is important to ensure that your estate is properly distributed to your loved ones based on your exact wishes, and it is often overlooked by estate owners in spite of its importance. If you have taken the time to create an estate plan, you have taken the most important step in estate planning, […]
A revocable trust has many benefits for estate planning and can avoid the process of probate in Arizona. A Phoenix revocable trust allows an asset owner (grantor) to manage a particular asset or set of assets during their lifetime. After the death of the grantor, a successor trustee takes over the asset management and ensures […]
With Gilbert estate planning being as complicated as it is, there are many places where mistakes can be made. Learning about some of the most common mistakes for estate planning can help you when it comes time to prepare your own estate.
Mistake 1 – Not having a plan at all
Gilbert estate planning should be considered […]