Estate Planning Articles Library

Life Insurance Policies Can Become Part of an Estate After Death

Many Arizona residents are covered by a life insurance policy. Whether the policy’s death benefit is $10,000 or $1 million, the point is usually the same — to cover the cost of your burial and funeral, and provide income for ...

QTIP Trusts are a Popular Estate Planning Tool for Remarried Adults

QTIP trusts allow a married adult to provide lifetime income for their surviving spouse without jeopardizing the inheritance intended for children from a previous relationship. QTIP trusts also provide flexibility for the decedent’s executor (referred to as the personal representative in ...

Determining Who Can Be an Executor of an Estate in Arizona

When someone passes away, they’ll need an individual to act on their behalf in settling their estate. Arizona law refers to this individual as the personal representative, though many other states use the traditional title of executor. Semantics aside, the ...

How Long Does it Take to Settle an Estate With a Trust in Arizona?

When an Arizona resident passes away, their estate will need to be settled through probate. Assuming the decedent left a will and none of the actions are contested, Arizona probate cases generally take about 6-8 months to settle. If you’re ...

What Happens When Siblings Start Fighting Over an Estate?

It’s not uncommon for siblings to fight over their recently deceased parent’s estate. This can lead to expensive and lengthy legal proceedings and a lot of extra stress. Thankfully, there are multiple strategies you can use to either mediate the ...

Are Wills Created in Arizona Valid Across State Lines?

There are a number of changes you need to consider when you move out of state, such as updating your address, voter registration, and your estate plan. As long as your will was legally executed in your original state, it ...

How Do Arizona Courts Determine When a Will is Not Valid?

If you’ve been chosen to be the executor of someone’s estate, how can you determine whether their will is valid? The court makes the ultimate decision on whether or not a will is legally sound. But it helps to know ...

Can Medicaid Take Your Home After Death in Arizona?

Medicaid in Arizona provides health care assistance for lower-earning residents, disabled people, the elderly, families and children. According to federal law, each state in the U.S. has a Medicaid estate recovery system. This program applies to people who have received ...

Can You Amend Your Living Trust in Arizona Without an Attorney?

Can you amend your living trust without an attorney in Arizona? When and how should you do so? Most financial experts say that you should go over your estate plan every few years to make sure everything is updated. Making ...

Can You Have Both a Living Will and a Living Trust in Arizona?

Can you have both a will and a living trust in Arizona? What are the differences between each? In order to create an optimal plan for your estate, you must understand the difference between a revocable (living) trust and a ...

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