Estate planning is a task most people want to keep on the back-burner. It can be a confusing and often morbid process to plan for your demise. But having an estate plan in order is crucial for providing your loved ones with guidance and peace of mind after you’re...
Year: 2020
Business formation mistakes to be on the lookout for
Opening a business can be a complicated legal process. If you miss even one step or complete it incorrectly, that mistake can jeopardize the future of your business before you open the doors. While an experienced business attorney can help you navigate the process, it...
What’s the difference between a will and a trust?
Making end of life plans isn’t anyone’s idea of a good time, but it is a necessity if you have assets, children or both – regardless of your net worth. After all, if you pass away without an estate plan in place, it’s considered “dying intestate,” which means you’ll...
What are your responsibilities as estate executor?
Have you recently lost a loved one? If so, you may not only be grieving but also have questions about how their estate is going to be handled. There are multiple ways your relative could have handled their estate planning. In any case, you may end up handling the...
Force majeure clauses account for unforeseeable events
Many contracts include force majeure clauses and many that do not should. They are often thought of as “boilerplate” contract language that seems so standard and familiar that many people skip reading it. Force majeure clauses address situations that render a contract...
What is full cash value vs. limited property value?
Property tax laws are rarely simple, but here in Arizona, an unusual set of rules makes things even more complicated. The state uses two different values as part of its assessment process: the full cash value and the limited property value. Here is a brief explanation...
Common mistakes to avoid in Arizona real estate investment
The Phoenix metro is expected to have one of the hottest real estate markets in 2020. That's according to a recent report from the Phoenix Business Journal. Arizona's capital and largest city tied with Dallas for the fifth fastest-growing housing market in the United...