An Individual Retirement Account (IRA) is a valuable asset, and many people choose to leave their IRA savings to their loved ones. But even though retirement accounts are not subject to probate, they do face other risks. There are no federal protections against creditors for inherited...
If you have grandchildren, you can use a generation-skipping trust to pass some of your assets directly to them. This way, you can leave an inheritance for your grandchildren without burdening their parents’ estates. And not only do generation-skipping trusts avoid probate, they also keep...
Estate planning is crucial for everyone, no matter how wealthy they are. But it’s especially important for veterans and active military members. Being in the military earns you unique government benefits that need protection. A sound estate plan that includes a trust, a will, advance directives,...
No one wants to think about the possibility of leaving their child an orphan. But life is unpredictable, and although you can’t prevent the worst from happening, you can be prepared for it. Unless you name a guardian in your will, the state will choose...
Arizona is full of great camping sites, and many of them are near the Phoenix Metropolitan area. Whether you’re looking for a peaceful retreat or a fun-filled adventure, you’ll be sure to find a campground in the area that will suit your needs. Here are...
When you inherit a house, there are a number of important steps you should take to protect your interests. Inheriting a house after a loved one passes away can be a complex and emotional experience. We hope this guide will help you through the process,...
People who are single and childless often assume they don’t need estate planning services. While it’s true that estate planning can benefit married couples and people with children, the reality is that estate planning is for everyone. Here’s why estate planning is so important, whether...
Whether or not you should put your home in a trust is a common estate planning question. There is no one-size-fits-all answer to the question, because it depends on your circumstances and your goals. But placing real estate in a trust can have many benefits,...
Many couples opt for joint bank accounts as a convenient way to manage their finances. When set up correctly, a joint bank account can ensure seamless access for your loved one after you pass away. Because, in most cases, joint bank accounts are not subject...
Whether you’re interested in art, history, science, or even music, you’ll be sure to find a museum in the Phoenix area to suit your interests. Arizona is home to a wealth of cultural attractions, including a wide variety of popular museums. Let’s explore the best...