If you are considering creating or modifying an estate plan in Arizona, one of the first steps in the process is to compile an inventory of your possessions. Only by knowing what your estate contains will you know what you have available to distribute to the people or charities of your choice…
Living trusts are one of many estate planning tools. Whether or not a living trust is right for you depends on several factors, including the assets in your estate and what instructions you wish to leave in your estate. An experienced Arizona estate planning attorney at Mushkatel, Gobbato, & Kile, P.L.L.C., can…
Estate planning is as personal as each individual or couple who creates one. Working with an experienced Glendale estate planning attorney can help you create an estate plan that ensures your wishes are carried out after your death with a minimum of tax burdens, legal hurdles, or other obstacles for those you…
Divorce changes the lives of those involved. It means striking out on your own, changing how you and your spouse deal with the children, and facing complex financial issues. Divorce also means it is time to reconsider your estate plans. Even if you divorce, many of the designations in your…
Arizona residents who create estate plans often do so to seek peace of mind. An estate plan ensures that your instructions are clear after your death and that your wishes for your property are carried out. Certain estate plan documents, such as a power of attorney, may also be used to…
Before you meet with an experienced Phoenix estate planning attorney like the team at Mushkatel, Gobbato, & Kile, P.L.L.C., you may wish to consider several questions. Careful consideration of your answers to these questions can help you clarify what will likely be part of your estate and what you want to happen…
If you pass away with a valid will in Arizona, the probate court will handle tasks like appointing your chosen personal representative and overseeing the administration of your estate as your personal representative follows the instructions in your will. The probate court handles the assets that your will distributes, but not all…
Arizona uses a process called “probate” both to carry out the instructions in a deceased person’s will and to deal with an estate left by a person who died without a will (known as dying “intestate”). The probate process is carried out in probate court. What is the Probate Process? Probate…
An advance directive is a document that specifies your wishes if you become unable to make decisions for yourself. These include naming the person you want to take over your financial, healthcare, and other decisions, explaining what kinds of end of life care you do or do not want, and…
What is a Trust? A “trust” is an estate planning tool utilized by many Arizona residents. While various types of trusts are available, the trust typically used is a “living trust.” During your lifetime, your living trust in Arizona holds all of the property you place into it permitting you to use,…
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