HOLIDAYS & ESTATE PLANNING Part II
THE GIFT OF ESTATE PLANNING . . . Creating an Estate Plan is a selfless act. It is about protecting your family and providing for them upon your death. A good estate plan can decrease your family’s stress about the unknown, and increase certainty for when time gets tough. 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...
read moreHOLIDAYS & ESTATE PLANNING Part 1
THE FAMILY IS ALL TOGETHER . . . The family often times travels great distances to see each other, perhaps even if it is only once or twice a year. Stories are told, family members catch up on the happenings in each other’s lives. Many times during these conversations a parent or grandparent may hint towards estate planning concerns – becoming incapacitated one day, funeral arrangements, what will happen to Nana’s wedding China. We all hear these comments when it comes to family time. But this is the perfect opportunity to have one of the...
read moreDo It Yourself? You May Be Facing Serious Consequences!
The whole idea behind having a proper estate plan drawn up is to avoid creditors, avoid hurt feelings, avoid folks coming out of the woodwork once you have passed away claiming rights to what you worked your whole life to obtain and thought you secured. You should be doing all you can to avoid any potential post-death controversies. A will, for example, can be contested on several grounds questioning its validity. Such grounds include but are not limited to: undue influence, improper execution, and lack of capacity. Therefore the more care...
read moreYOU KNOW WHAT’S SCARY?
Tis the Halloween season, and while we are all getting our costumes, preparing for pumpkin carving, and excited for the ghouls who will inevitably scare us as we open our doors, there is a more terrifying reality. We all know that the stock market took a big hit this week, and for whatever reason people are pulling their money out of the market when this is the time to buy!!! If you want to lose big then go ahead and sell. I encourage you however, to remember that this system ebbs and flows. During the “ebb” times, you should be buying...
read moreEstate Planning – Why You Shouldn’t Wait!
Most people tend to think that estate planning is for the wealthy or for the elderly. This is a serious falsehood. Below are some tips and reasons why waiting is a disaster no matter what your circumstances are. A Proper Estate Plan Is Crucial Regardless of Net Worth: This is true for everyone but especially for those folks who are responsible for a lot of other people in their lives. Think of it this way, the less you have, the more important every penny is. Mistakes are more tolerable for those with money. You don’t want to leave your loved...
read moreEstate Planning 101 For Women
Ladies, did you know that 36% of women 65 and older are widowed, compared with 12% of men 65 and older, according to the U.S. Census Bureau. That is just one statistic that places us as women into a special bracket of folks who need to think about their plan. What kind of plan you ask? We as women tend to plan nearly everything from our life goals to dinner but we fall short when it comes to estate planning. This is unfortunate as women tend to live longer than men, women are more likely to be the custodial parent, and women also are the ones...
read moreHow To Enforce Child Support Obligations In Arizona
Payments for child support are supposed to be made in a timely manner and paid in full. Unfortunately this is not always the case. If you have not received payments there are a few forms of action you can take. 1. File a “Motion to Enforce the Order” with the Court. File this motion when the other party is not following the order and you want the court to enforce that he or she does. This is a good option for folks who want something done more quickly (at least as quickly as the court system allows) and the burden (i.e. what you will have to...
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