Have you planned for your financial future . . . for the financial future of your family? Have you thought about creating an estate plan? If you work with the right estate planning attorney, the estate planning process can be very easy to complete at an affordable cost.
You may have seen online websites that offer estate plans for people regardless where they live. Unfortunately, estate planning laws can vary from state to state. You should have the peace of mind that the estate plan you create in Arizona complies with all of the laws and regulations that apply to estate plans in Arizona.
A Will in Arizona is a legal document that lists your plans on how your property is to be divided among your heirs.
The Arizona statute that apply to Wills is Arizona Revised Statute Section 14-2501. Valid wills in Arizona, however, must comply with all relevant statutes contained in Title 14 of the Arizona Revised Statutes.
Some people also choose to create a family trust in which they title all of their assets. People choose a family trust in addition to a will to enable the trust to control his or her property after his death, such as to make payments to children until a certain age.
Other documents in an Arizona estate plan include durable financial powers of attorney, medical and mental health powers of attorney, HIPPA forms and other customized documents; depending upon your specific situation.
You can call our Arizona Estate Planning Attorneys with questions regarding creating your personalized estate plan today.
