Estate planning is not usually high on someone’s to-do list. After all, it may mean facing some uncomfortable decisions and realities. However, there are significant benefits to planning your affairs well ahead of time: First, you get to choose who…
Read the Full ArticleThe Tax Relief Act of 2010 allows for much higher exemption rates for estates and gifting for individuals and married couples. However, the Act’s provisions are only scheduled until January 1, 2013, after which the unified tax credit will decrease again. If you have not reviewed your estate plan to reflect this Act and its tax exemptions, don’t wait until the opportunity passes you by. An Arizona estate planning attorney can help you take advantage of this chance.
Read the Full ArticleDepending on your investments and your intentions, you may need to take a couple of extra steps to ensure that your assets will be passed on exactly as you intend. Without some precautionary measures, a portion or even a majority of your assets may be passed on in a manner that does not meet your wishes. This may pertain to your 401(k) plan and IRA.
Read the Full ArticleIf you need assistance to start your will or trust, evaluate your assets, or decide who should distribute your assets, I strongly suggest that you consult with an Arizona Estate Planning attorney that can guide you through the process. Working with someone with years of experience can make the process much easier, and will give you the assurance that you’ve handled your affairs properly. Call (480) 464-1111 to schedule a consultation with Arizona estate planning attorney, David Weed today.
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