Can an Estate Plan Include a Right of First Refusal on Certain Property? Estate planning attorneys in Mesa are occasionally asked by clients whether an estate plan can include a right of first refusal (ROFR) (sometimes called a first right of refusal) on certain items or parcels of property. The following example helps to illustrate [...]
Estate Planning: What to do When Your Child Dies Suddenly Experienced Estate Planning Attorneys Explain The Legal Challenges Of Dealing With A Child's Death The death of a minor child is one of the greatest shocks that life can deliver. No one can ever prepare for the cascade of challenges that will come with such [...]
Buyer Beware: How to Avoid Estate Planning Scams Imagine spending thousands of dollars on an estate plan to protect loved ones, only to find that no true protection exists. Unfortunately, this scenario happens on a regular basis to individuals who are victims of estate planning schemes. According to a report conducted by the U.S. Consumer [...]
COVID-19 and Minor Children: Things to Consider Now Protecting your family is important, especially when you have minor children, and even more so now that we are living through a pandemic. With all of the unknowns of our current situation, you need some certainty. Having an up-to-date estate plan can be the first step toward [...]
Conservation Easements: Preserving a Heritage With Tax Benefits You may have heard about conservation easements in the news over the past few years and the tax benefits available through the use of them. But what are they and how can they benefit you? Defining Conservation Easements A typical conservation easement is created when a landowner [...]
Tips for Divvying Up Personal Property We collect stuff throughout our lives. This “stuff” is known as our personal property. Some items are valuable, like jewelry, baseball cards, and works of art. Other items are sentimental, like grandma’s tea set, old christmas ornaments, and photographs. Regardless of the value, it is important that these items [...]
Deeper Dive into Advance Healthcare Directives When it comes to your healthcare, especially during these uncertain times, you need to ensure that two estate planning documents, in particular, are up to date. The first is your healthcare power of attorney. This document allows you to name a person to make medical decisions on your behalf [...]
What Happens If My Beneficiary Dies Before Me? When planning for death, most people assume they will die before their beneficiaries (e.g., their spouse, children, and grandchildren). While these assumptions are often well-founded, they do not always come to pass. Sometimes a beneficiary of an estate or trust dies before the person leaving the inheritance. [...]
Estate Planning After Personal Injury Settlements In the hectic and sometimes dangerous world that we live in, it is an unfortunate fact of life that accidents happen and people get hurt. The U.S. legal system is designed so that those who suffer injury through the avoidable fault of others can seek compensation for those injuries. [...]
Snowbirds: What You Need to Know about Renting Out Your Property Retreating to a warmer climate for the winter sounds like an ideal way to spend a few months. To help make this dream a reality, some individuals choose to rent out their second homes when they are not in use. But before you list [...]
