Will Lawyers in Phoenix

Knowledgeable Guidance on Important Legal Documents

Our lawyers have seen firsthand the devastation that can follow when a loved one passes away intestate. When this occurs, a person has passed away without a will in place. Unfortunately, this can be detrimental for loved ones, who are left to pick up the pieces and decipher what their loved ones’ final wishes might have been.

Understanding the Different Types of Wills

When it comes to estate planning, one size does not fit all. At Kamper & Estrada, PLLC, we recognize that each individual's situation is unique. Understanding the various types of wills can empower you to make informed decisions about your estate planning needs. Here’s a brief overview of the most common types:

• Simple Will: Ideal for those with straightforward estates, a simple will outlines how your assets will be distributed after your passing.
• Testamentary Trust Will: This type creates a trust upon your death, which can help manage your assets for beneficiaries who may be minors or lack financial experience.
• Living Will: While not a traditional will, a living will specifies your healthcare preferences in the event you become unable to communicate your wishes.
• Joint Will: This is a single document executed by two individuals, often spouses, that outlines how their combined assets will be handled upon the death of one party.
• Holographic Will: A handwritten will that is valid in many states, though it must meet specific criteria to be enforceable.

Choosing the right type of will is crucial for ensuring that your wishes are honored and your loved ones are protected. Our experienced attorneys are here to help you navigate these options and create a customized plan that fits your unique needs. Contact us today to schedule a consultation and take the first step towards peace of mind.

Along with failing to create a will, there are many mistakes a person can make when developing a will. While Kamper & Estrada, PLLC can assist with mitigating these issues, common mistakes a person might make when creating their will include:

Mistake #1: Failing to Adhere to Guidelines

When developing a will, it’s critical to adhere to state and federal guidelines to ensure that the will is valid. Failing to do so can result in an invalid will.

Not only will it be essential to keep in mind tax obligations, but there are also a variety of things that ensure the validity of a will, including:

• The testator must be of legal age
• The testator must be of sound mind
• The will must be voluntarily executed
• The will must be signed with witnesses present

Mistake #2: Creating Your Own Will

There are a variety of online sites that provide DIY will services. While this may seem like both a convenient and cost-effective option, it can be incredibly damaging. DIY services do not always take into account local tax laws or your specific situation. As a result, you risk developing a will that is invalid or puts your assets at risk.

Mistake #3: Failing to Name Guardian

If you have children, one of the most important decisions you will need to make is to name a guardian to care for your children if you are unable to do so. Your children are precious, and you must take the time to appoint a proper guardian for them. Failure to do so can make a difficult situation even more complicated and may even result in familial conflict, should multiple family members wish to care for your children.

Mistake #4: Not Identifying the Right Executor

An executor will be responsible for overseeing your will and resolving your estate. They have the critical role of ensuring that your wishes are carried out in the way you would have wished. Without one, the courts may appoint one for you. There are several considerations to make when identifying an executor: Not only will it be essential to choose someone that you trust, but you will also want to specify a backup executor if your original choice is not available to take the task on.

Mistake #5: Not Updating Your Will to Reflect Life Changes

A will is not a document that you can develop and put on the back burner until the time comes. Testators will need to make sure that they update their will as circumstances within their lives change. A will should be updated at least every three to five years, or when the following occur: Divorce, remarriage, the birth or adoption of children, changes in income or assets, a move to another state, and more.

Local Guidance in Phoenix for Will Creation

At Kamper & Estrada, PLLC, we understand the unique needs of Phoenix residents when it comes to developing wills. The vibrant community of Phoenix, with its diverse population and dynamic lifestyle, often requires tailored legal solutions to ensure that your final wishes are honored. Whether you reside in the bustling downtown area or the serene suburbs, our team is here to provide the guidance you need.

We are well-versed in the local regulations and requirements set forth by the Arizona Judicial Branch and the Maricopa County Superior Court. These entities play a crucial role in the probate process, and understanding their guidelines is essential for a valid will amendment. Our familiarity with these local resources ensures that your will is compliant with all necessary legal standards.

Assisting Clients with Common Concerns

One common pain point for Phoenix residents is the frequent life changes that necessitate will amendments. With the city's growing economy and influx of new residents, many find themselves needing to update their wills more frequently. Whether it's due to financial adjustments, a change in family dynamics, or a move within the Valley, our team can help you navigate these changes smoothly.

We also recognize the importance of addressing specific local concerns, such as the impact of Arizona's community property laws on your estate planning. Our deep understanding of these laws allows us to provide you with the most relevant advice to protect your assets and articulate your wishes.

By choosing Kamper & Estrada, PLLC, you are partnering with a team that truly knows Phoenix and its unique legal landscape. We are committed to helping you avoid common pitfalls. Don't let the complexities of life in Phoenix deter you from securing your legacy. Get in touch with us to discuss your will needs.

Contact Our Firm Today

The process of developing a will can seem daunting, and, unfortunately, many put it off for another day. With the busyness and unpredictability of life, it should come as no surprise that other things take priority. However, it’s essential to be aware that by avoiding developing a will, you are not only putting the assets that you have worked so hard for at risk, but you are also increasing the risk of familial conflict.

Reduce the conflict and complications today by contacting Kamper & Estrada, PLLC.