What if I don’t have someone to trust with my affairs?

We all know adults who are alone in the world. Perhaps the person is divorced, widowed or single. Perhaps he or she never had children or is estranged from them. Perhaps he or she has outlived siblings and other family members, or, as is unfortunately common in Arizona, a couple has no children, is alienated.. read more →

Estate Planning for DINKS

The face of America is changing. Once upon a time, the nuclear family was the most prevalent “model” in American society (does anyone remember the Donna Reed show?). These days, however, as the population becomes increasingly more educated and career focused and for other personal reasons, fewer couples are having kids. These couples are sometimes.. read more →

I’ve moved to a new state…should I review my estate plan?

Yes! If you’ve moved to a new state and are all settled in, there are some financial aspects of your move you need to take care of. Moving is a good excuse to consult an attorney to make sure your estate plan in general is up to date. Will, trusts, powers of attorney and health.. read more →

Will My Kids Blow Our IRA or 401k?

Probably. Your kids will receive a call from the IRA plan custodian who will offer them the option of getting a lump sum check or perhaps opening an inherited IRA. Guess what? The will probably take the lump sum. The will also probably burn through it in less than a year. Then they will find.. read more →

Estate Planning for a Special Needs Child

Estate planning for your future can be tricky enough. It becomes even more difficult when you need to plan for a special needs child who may need a lot more care than a normal child. If something happens to you — chronic illness, catastrophic injury or even death — what will happen to your special.. read more →

Finally Dumped Your Ex? It’s Time to Update Your Estate Plan!

The relationship is over, the papers are signed, but you are not quite done. At this point it is time to update your estate plan to reflect your changed life circumstances — even more so if you are contemplating another relationship. A new marriage can open up wonderful new opportunities, but it also comes with.. read more →

Do I have to pay my parents debts after they die?

Having a parent die is difficult enough without creditors knocking down your door. It is not unusual for there to be medical bills, car leases or credit card debt. The creditors are going to start contacting you very quickly. Who is responsible for this debt? Here are some answers about what happens to the bills.. read more →

How Long Can I Afford to Live?

In 1900, the average American lifespan was 47 years of age. Today, our life expectancy is 78.8 years. So many people are wondering if their retirement funds will last long enough, and that question is causing a great deal of anxiety. In addition, it also has people wondering if they’ll be able to leave any.. read more →

Should You Select a Corporate Trustee for Your Estate Plan?

One of the most difficult decisions my clients face when creating an estate plan is naming a trustee to administer to the trust if they become incapacitated or after their death. Many questions need to be asked. Do you have an individual you can trust to follow your wishes? Does that person have the wisdom.. read more →

How to Cut The Lousy Kid out of Your Will

You haven’t heard from him in 10 years, since he stole the money in your bank account. Or for many other reasons, he or she is a bad seed and you don’t want him or her to inherit your estate? It is possible to disinherit a child from your Will or Estate in most states.. read more →