Bankruptcy After Divorce – Why It’s a Bad Idea

Posted by on Jun 13, 2016 in Divorce | Comments Off on Bankruptcy After Divorce – Why It’s a Bad Idea When a couple divorces in Arizona, the community property is divided equitably. That means both assets and debts alike. “Equitably” does not necessarily mean “equally” and ultimately the court will make that determination or the parties will come to an agreement. Normally, however, both parties are responsible for a portion of the marital debt. So what happens when one of the parties files for...
read more

Do I Really Need A Will? Horror Stories From The Grave.

Posted by on May 11, 2016 in Estate Planning | Comments Off on Do I Really Need A Will? Horror Stories From The Grave. We all hear people talk about estate plans and how everyone should have one drafted. But why is a will or a trust so important? Besides, who wants to think about the end of their life? Understandably the topic is a difficult one. But besides the normal warnings about how an estate plan can help you avoid family conflict, probate and estate taxes, I wanted to present a few real-life examples* to...
read more

I Had A Trust Created, Now What?

Posted by on Apr 28, 2016 in Estate Planning | Comments Off on I Had A Trust Created, Now What? You hired an attorney, went through the planning process, made those difficult decisions about who would be trusted and where your assets would go. Now that everything is signed and recorded you are all set right? Not quite.  Before placing that portfolio on the shelf, you still have one major task to complete. It may come as a surprise but most people do not realize that when you go to an...
read more

What To Do When Someone Dies

Posted by on Mar 16, 2016 in Estate Planning | Comments Off on What To Do When Someone Dies Whether you know it is coming and are able to be present when your loved one passes, or whether you get a phone call in the middle of the night, the news of a loved one’s death leaves us feeling empty and everything seems to stop.  The last thing on your mind is a “to-do” list but in actuality there are many things that must be done when someone passes. Below is a list compiled to help you...
read more

Why would someone need an estate plan?

Posted by on Jan 24, 2016 in Estate Planning | Comments Off on Why would someone need an estate plan? One thing in life is certain, death comes to us all. While none of us like to think about dying, the fact is that improper or no planning leads to family disputes, assets going into the wrong hands, long court litigations, large amounts of dollars in federal tax and not to mention all those fees spent on probate. Having an estate plan is the best way to ensure your wishes are adhered to, and the...
read more