The SECURE Act. An Understanding of the Tax Law Changes in 2020 and Your Estate Planning. This is the time of year we all start going through an annual ritual called taxes. Our W-2’s have been received, 1099’s are coming, K-1’s are being finalized, and April 15th is fast approaching. Have you thought about your estate planning … [Read more...] about The SECURE Act Tax Law Changes in 2020? | Estate Planning Attorney
Managing a Trust or Probate Administration While Living Outside the State of Arizona.As Arizona probate administration attorneys we receive many calls from individuals who do not live in Arizona, but have been nominated to serve as either a Trustee or Personal Representative. We live in an ever-increasingly mobile society. Because of this … [Read more...] about Probate Administration from Outside Arizona | Probate Administration Attorney
Do You Really Trust Your Successor Trustee?In your estate planning who you pick as the successor trustee of your family trust is an important decision that shouldn’t be taken lightly.A trustee is the manager of the instructions, contained in a family trust. During your lifetime, the grantor (person creating the trust) usually will be the … [Read more...] about Do You Really Trust Your Successor Trustee? | AZ Estate Planning Attorney
The Tax Cut and Jobs Act of 2017: How Does it Affect Your Estate Planning?Late last year, Congress finally passed the much anticipated tax reform bill, the “2017 Tax Act,” which provides many significant changes to income tax laws, but also to estate planning and gift taxes.As with any new tax law, we strongly recommend each person or family … [Read more...] about How Does the Tax Cut Affect Your Estate Plan? | Estate Planning Attorney
What Does a Trump Presidential Victory Mean to My Estate Plan and Estate Taxes?Regardless whether you lean towards the political left or right, the results of the 2016 Presidential and Congressional elections will result in changes to our current estate and gift tax laws.Since 2013, when the last major estate and gift tax laws were enacted, … [Read more...] about Estate Plan Taxes | Estate Planning Attorney
As an estate planning attorney in Arizona I am always asked if after you have signed your revocable living trust, what if anything should you do about your vehicles or other assets titled through Arizona’s Motor Vehicle Division?First of all, let me remind you, if you have a revocable living trust, the “funding” of your trust (which means … [Read more...] about Estate Planning Attorney | Should I Transfer My Vehicles to my Trust?