Category Archives: Estate Planning

Does my Revocable Trust Provide Creditor Protection?

Frequently I hear this question: “I am confused on whether or not my Revocable Family Trust that I set up with my wife provides any creditor protection. My neighbors tell me that it does but my CPA says it doesn’t … Continue reading

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Responsibilities of a Fiduciary under Common Estate Planning Documents

 © 2014 Written by Scottsdale Elder Law Attorney Scott Jensen Personal Representative under a Will:  A Personal Representative has the responsibility to distribute the tangible personal property (furniture etc.) to beneficiaries after someone passes away.  Additionally they are to identify … Continue reading

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Effective Method for Keeping the Family Together: Estate Planning

© 2014 Written by Scottsdale Estate Planning Attorney Todd Smith The Dana Law Firm has long embraced an important slogan: “Family: work with ours to protect yours.”  I have become very close to the Dana family through my association with … Continue reading

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Beneficiary deeds.

© 2014 Written by Mesa Estate Planning Attorney Rilus Dana Beneficiary deeds are a relatively new tool, created in 2001 by Arizona Revised Statutes Section 33-405 which allow owners of real property to transfer their property interests upon their death. … Continue reading

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I have a POD or TOD on all my accounts; therefore I do not need a trust.

© 2014 Written by Arizona Elder Law Attorney Scott Jensen This is a common discussion point that I regularly have with clients when they are making a decision about ways to avoid probate.  They will name a person as the … Continue reading

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Preparing Ahead of Time: Power of Attorney vs. Guardianship and Conservatorship

© 2014 Written by Attorney Scott Jensen I once heard someone ask “when did Noah build the ark?”  Answer…  “before the storm”.  Many times there is the temptation to put off the difficult tasks in life with the hope that … Continue reading

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New Year’s Resolutions

© 2014 Written by Tax Controversy Attorney Shad Brown  It is the time of the year when we all look back on another year past in hopes of identifying a few areas we can improve in the year to come. … Continue reading

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Relationship between life insurance and revocable trusts

Many young families purchase life insurance to replace a person’s income if anything happens to them. After purchasing life insurance, it is also wise to consider creating a trust that could conserve life insurance proceeds. Generally, the primary beneficiary of … Continue reading

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Estate Planning: What Are You Waiting For?

Saturday the world lost Paul Walker, a famous movie star best known for his roles in the Fast & Furious franchise.  Reports are still surfacing with details about the car accident that killed him, but it is certainly very tragic … Continue reading

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Tis the Season to be Charitable

As we approach the end of the year, we have been discussing the topic of charitable lead trusts (“CLT”) with several of our clients as a way to leverage a charitable deduction to save on income taxes.  A CLT is … Continue reading

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