Due to the COVID-19 outbreak, I will NOT be keeping regular office hours. I will be in my office from time to time to perform necessary work and conduct personal consultations, either by telephone or face-to-face meetings, and I periodically check phone messages. If you call and get my voice mail, please leave a message, and I will return your call as soon as I can. Thank you.
ESTATE PLANNING: WILLS, TRUSTS, POWERS OF ATTORNEY & OTHER TOOLS. Protect Yourself & Your Loved Ones With A Proper Estate Plan.
Preparing for your own death or disability can be difficult and confusing. There are many options which you may not even know exist.
You cannot "Zoom" your way through an adequate, well-prepared estate plan without knowing which of the broad array of options and tools may best serve your legal needs. Discussing your situation with a knowledgeable, experienced attorney is essential to making the right estate plan for you and your loved ones.
I will talk with you about your situation, your needs, your wants, and your choices in plain English so you can understand and decide on an efficient and comfortable plan at a fair cost.
As with all choices in life, there are pros and cons to non-probate versus probate transfers. Which options will work best for you depend upon your unique situation and wishes.
I have prepared hundreds of Wills, Trusts, Powers of Attorney, Beneficiary Deeds, and other estate planning documents for my clients, all based upon their individual needs and desires. What estate plan will work best for you depends on you and your wants. I will discuss these matters with you so that together we can formulate the best possible strategy for you.
Keep Your Estate Plan Updated.
Since many of us are spending more time at home due to COVID-19, now is the perfect time to review your Estate Plan to see if any changes are needed. These changes may include the terms of distribution, or named distributees or beneficiaries, or named Personal Representatives, Trustees or Attorneys-In-Fact under your Will, Trust or Powers of Attorney. You should also review all of your named beneficiaries (primary and secondary) under your life insurance, IRA, bank and other financial accounts.
Your life events change over time, and so do the laws. You should review your estate planning papers every 5-10 years to see if updates are needed.
Are your children or other intended distributees more financially responsible than before? Less responsible? Are your named Personal Representatives, Trustees, Attorneys-In-Fact and Successors still able and willing to fulfill their duties and carry out your wishes? Have new children or grandchildren been born? Do you have online bank or credit accounts or other online accounts such as Facebook that are not specifically addressed?
These are just a few examples where it may be advisable to change or add some terms in your estate planning papers.
Similarly, if you have a Trust that has not been updated since 2009 (when the Arizona Trust laws underwent substantial changes), you should probably make some crucial revisions to your Trust terms.
We can meet to personally discuss your unique circumstances and what if any updates to your current estate plan will work best for you.
I continue to provide personal consultations during the COVID-19 outbreak, either by telephone or face-to-face meetings, whichever you prefer.
If you have any questions or want to set an appointment please call 928-776-1425 or email me at email@example.com.