Below you'll find a list of all posts that have been categorized as “Probate”
Former New England Patriots player Aaron Hernandez was found hanged in his prison cell in the early morning hours of April 19, 2017. He was serving a life sentence for the 2015 murder of Odin Lloyd. In the subsequent days, many rumors have circulated about whether it was suicide, murder, or a strategic legal and financial plan. Rumors That last …
Thinking about creating a Will, but not sure what that really means? The structure of an Estate Plan will vary from person to person, but a comprehensive Will should include the following documents: 1. Last Will and Testament 2. Financial Power of Attorney 3. Healthcare Directives A Comprehensive Estate Plan Your Last Will and Testament is a legal document that …
As Phoenix estate planning attorneys, the biggest myth we have to battle is the idea that “estate plans are only for wealthy people.” As it turns out, nobody knows how untrue that is better than the wealthy themselves! In a surprising report, CNBC reveals that more than 1/3 of the wealthiest Americans have no estate plan whatsoever. No plans for …
To Challenge or Not To Challenge Challenging a will is difficult, but it can be done. You can challenge a will on the grounds that the will was the result of fraud, mistake, lack of capacity, or undue influence on the person who made the will—referred to as the “decedent” after death. Each state has their own probate courts where …
What is a will? Why is a will important? Before these two questions are answered, ask yourself, “Do I own property or assets?” If you’re like most Americans, then the answer is yes and you should sit down and put together a will at some point. That way you, rather than your state government, decides who gets what when …
Things To Do After Someone Dies Death is an unfortunate, harsh reality of life. The question that is commonly asked after the death of a loved one is “What do I do now?” The following is a checklist of some necessary things that need to be done when someone you love passes on. Get Multiple Copies of the Death …
Probate Battles – Lessons from MLK With Martin Luther King Day just passed, and an Oscar-contending movie of his life in theaters, it seems unfitting that there is an ongoing probate battle over King’s legacy. His two sons Martin Luther King III and Dexter Scott King took their sister, Bernice King to court on January 13, 2015 over the possession …
Robin Williams knew what he was doing. The comedy superstar left a hole in all our hearts when he tragically lost his life last month, and the world of entertainment still doesn’t feel quite the same without him. http://gty.im/183741067 But as painful as his loss was, there is at least a silver lining for his friends and family: Williams was …
ESTATE PLANNING LESSONS FROM HOLLYWOOD Good and bad estate planning can occur, regardless of income or fame. We can learn some valuable lessons from the actions and mistakes of these celebrities. LESSONS 1) BE CREATIVE – Your Estate Plan should reflect your priorities and wishes. When Phillip Seymour Hoffman passed, his will identified his desires on where his son should …
How Do I Avoid Probate in Arizona? Most people hear the word probate and get an immediate, likely negative, reaction. Many clients will come in specifically wanting to “avoid probate.” Below are some probate basics to help you better understand what probate is, how it works and some basic steps you can take to avoid it. What is Probate? Probate …
