Posts by Susan Sandys
The 3 Will Signing Instructions You Need to Know
A will is an important estate planning document that provides instructions on how to distribute your assets after death. While writing and compiling this document helps outline your estate plans, it will not be legally binding unless it is signed– and signed correctly. Below are three simple steps to keep in mind during the final…
Read MoreWhat An Executor Cannot Do
Each estate plan is different and therefore places different demands on each executor. An executor wears many hats in the probate process from opening the case in probate court, carrying out the will, and distributing assets. Unfortunately, there are times where the will provisions are more complicated than usual, or, you simply get stuck with…
Read MoreSetting up a Trust for Disabled Individuals
For persons with disabilities, the aid provided by programs such as Supplemental Security Income (SSI) and Medicaid help not only them, but their family, navigate the financial challenges they will face in their lives. Because of this, ensuring steady access to these services is of utmost importance and must be treated with special consideration. As…
Read MoreTransfer of Property After Death Without A Will
“If there is no will, then who gets the house?”. This is a common question asked when a person dies intestate, i.e. without a will or trust, in Arizona. The transfer of property without a will or trust is generally decided by the probate court, though there are exceptions. Assets such as life insurance policies,…
Read MoreArizona Power of Attorney Rights and Limitations
Giving someone else power of attorney in Arizona can be a difficult and emotional decision. After all, power of attorney documents are typically associated with the mental incapacitation of the writer, or principal. As such, the principal must feel comfortable letting someone else, the agent, make significant lifestyle and/or fiscal choices. Understanding the purpose and…
Read MoreDo You Need an Attorney for Probate
If a loved one has died in circumstances requiring the state to distribute assets, do you need an attorney for probate? Or do you doubt the validity of a will? It would likely be in your best interest to retain an Arizona probate lawyer, who can help protect your rights. Do you need an attorney…
Read MoreTrust Beneficiary Rights in Arizona
Being named a beneficiary or heir to a trust can seem a little overwhelming, especially if you are new to the world of trusts. What does it mean to be a beneficiary? What do you have to do to get your portion of the trust? How do you know that the trust is being handled…
Read MoreHow Does a Trust Work?
If you are planning for your future and are ready to make decisions regarding your assets, then a trust is an essential tool. A trust is a legal document. It is usually the key document in an estate plan. Why Choose a Trust? Assets in a trust avoid probate. The probate process can mean fees,…
Read MoreWhy Create a Living Trust
I believe that a revocable living trust is one of the best estate planning tools available. It can do all kinds of things, such as laying out how children will receive their inheritances, avoiding probate and making the administration of your affairs when you die as seamless as possible. Related article: Funding a Trust Understand…
Read MoreArizona Power of Attorney FAQs
Who are the key players in power of attorney documents? There are two important roles. First, the principal is the person who is signing the power of attorney documents. These papers give authority to a designated agent, or attorney in fact, whose job is to act on behalf of the principal. Who you name as…
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