Secure Your Familys Future With Estate Planning In Phoenix AZ

Arizona estate planning is important for people with minor kids, own property or want to specify

details in relation to their health treatment in the case of incapacitation. An estate plan combines

a number of documents, which includes wills and trusts, so as to manage and work out

arrangements for possessions while the person is alive and after their death. In addition, it

contains a health care plan that specifies who will make decisions in case the individual

becomes incapacitated.

Arizona Wills and Trusts

Two of the most important documents in the estate plan are definitely the will and trust. In

Arizona, a will is needed to specify who receives the estate; an absence of the documents

means this is decided through Arizona law of interstate succession. Additionally, it names the

options with the personal representative of the estate and also a guardian who's in charge of

care and provision for the minor children. The trust identifies how and when possessions are

assigned after death and states the amount of money left for minor children, assigning a trustee

to handle these funds who may differ from the named guardian.

Arizona Estate Planning Attorneys

An Arizona estate planning lawyer can help with the complicated task of trust planning. It is

important to look into the experience the law firm has to ensure the client receives the help from

someone qualified for estate planning, and who will be knowledgeable about Arizona laws. Trust

planning consists of meeting with the Mesa estate planning lawyer to determine what sort of

trust is considered the most suited to the client. You will find five types of trust: credit shelter

trust, generation-skipping trust, qualified personal residence trust, irrevocable life insurance

coverage trust, and qualified terminable interest property trust.

It is critical that the will and trust are very well written to safeguard against misconceptions,

fraudulence, taxes and charges. The Mesa estate planning attorney can give expert legal advice

in the areas of estate planning, answer clients' questions and prevent clients from drawing up

improper wills and trusts by attempting to complete the procedure without guidance.

For additional info about estate planning, call the Arizona estate planning attorneys at

Gunderson, Denton & Peterson, P.C. located at 1930 N. Arboleda, Suite 201, Mesa Arizona

85213 or contact their office at 480-655-7440.

**This article is written by a third party and nothing in this blog should be taken to constitute

professional advice or a formal recommendation and we exclude all representations, warranties,

legal liability or responsibility relating to its content. The information in this blog is for general

information purposes only.