Estate Planning Archives | Brown & Hobkirk, PLLC
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Category: Estate Planning

What NOT To Do When Estate Planning

What NOT To Do When Estate Planning

The topic of estate planning has garnered a reputation of being something only the super wealthy or elderly need. So, it’s understandable why most people don’t know how estate planning is relevant to their everyday lives or whether they actually...

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5 Worst Estate Planning Mistakes You Can Make

5 Worst Estate Planning Mistakes You Can Make

Planning for how your assets will be distributed after you die can be complicated. You may worry about how the ones you leave behind will be impacted. Fortunately, you can begin planning your estate as early as your 18th birthday....

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Myths About Estate Planning In Arizona

Myths About Estate Planning In Arizona

In my experience, many people are uncomfortable speaking about their end-of-life decisions, including their estate planning. This is understandable, as we all want to believe that we have plenty of time to make these plans. It’s also an uneasy topic...

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How To Fund Your Trust In Arizona

How To Fund Your Trust In Arizona

A trust is a legal document that allows a third party, known as a trustee, to manage your remaining assets after you die and distribute those assets to your beneficiaries. A trust can go into effect while the trustor is...

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Can I Make My Will Myself?

Can I Make My Will Myself?

What is a will? A will is a legal document that expresses a person’s wishes as to how their property should be distributed after their death and names a personal representative that should manage the distribution of that property. A...

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Why Do I Need An Estate Plan?

Why Do I Need An Estate Plan?

If you have any assets, regardless of age, income or net worth, you should work with a knowledgeable estate planning attorney and make plans for your estate. Why? Because failing to plan for your estate can leave a large mess...

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Probate Guidelines For Transfer of Assets

Probate Guidelines For Transfer of Assets

If a person dies without a will or trust (intestate), probate proceedings will determine the transfer of assets to their heirs. The most common guidelines that the probate court will follow when distributing the assets are: The spouse receives all...

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Witness Requirements For Wills

Witness Requirements For Wills

In Arizona, one way to validate a will is to have two witnesses observe the signing of the document. A witness must view the actual signing of the document and attest to the signature on the document. In Arizona, there...

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Blended Families

Blended Families

When individuals are in their first marriage, most assets are accumulated together, split 50/50, and are typically left to a surviving spouse. However, with roughly half of marriages now ending in divorce and approximately 75% of people remarrying, those same...

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Estate Planning: Signs of Undue Influence

Estate Planning: Signs of Undue Influence

The estate planning process allows a person to solidify important wishes in writing. This can include monetary disbursements, property decisions, and financial plans for dependent family members. The risk of your loved one being manipulated increases as they age; this...

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