In 2017, over 45,000 people died and left their loved ones with the troubling process of distributing their property and assets. Some of those who passed away were lucky enough to have already gone through estate planning and had their affairs in order before they passed, many were not prepared. Even though it is a tough conversation to have and…
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Trusts
Distribution of Trust Assets to Beneficiaries
In the state of Arizona, trust administration is governed by ARS Title 14 Chapter 7. Trusts are incredibly useful estate planning vehicles, but they come with a fair number of complicating factors. For most people, it’s best to draft your trust with an experienced estate planning attorney and a qualified financial advisor. Without these professionals’ assistance, transferring assets to a…