Scottsdale Law Blog
How does power of appointment function in estate planning?
The power of appointment is an aspect of estate planning that allows you to formally designate someone to oversee the delegation of your estate. While not required, your decision to entrust important decisions and tasks to someone you trust may provide you with peace...
Pets and your estate plan
Having an estate plan in place is essential to protecting your financial assets, family, future, and yes, even your pet's needs. An estimated two-thirds of Americans have pets, and for most animal lovers, their adorable cats or dogs are considered a member of the...
What happens to someone’s debt when they die?”
When a loved one dies, the last thing family members want to think about or deal with are creditors calling to collect payment on a debt owed to them. Unfortunately, the surviving spouse and family members will have to deal with any debts, but they may not be...
Protect your future with an in-depth construction contract
You may be looking to build a new house, or perhaps you have plans to give your business a new location. Whatever the project, investing in the construction of building is a big leap that requires care and attention-to-detail throughout the process. Starting out with...
Estate planning considerations for cancer patients
A cancer diagnosis is life-changing. Far-off worries about family and finances suddenly become immediate concerns. Regardless of the type or stage of cancer, the diagnosis brings important questions to the forefront. Patients with terminal cancer – as well as patients...
What to put in your business partnership agreement
You’ve found the perfect partner for your business. You get along and feel that you have similar visions for what the company is going to be. Though you feel confident, it's still important to put it all in writing. You should always create a partnership agreement...
Make a down payment with sweat equity
When a family begins searching for a new home, they will come across more than a few surprises. Prices are never what they seem, and houses are never as well-maintained as the pictures show. However, a creative and flexible mindset can help many potential homeowners...
5 disclosure mistakes to avoid in a real estate transaction
Whether it is your first home purchase or your fifth, real estate transactions can quickly feel overwhelming. Selling a home, however, contains an intimidating document called the “disclosure statement.” The disclosure statement has essentially become a question and...
3 Big homebuyer mistakes to avoid
House hunting can be an exciting but overwhelming process. Buying a home involves many big decisions, which means that there’s potential for many big mistakes. Whether you are in the market to purchase your first home or you haven’t bought a house in years, avoiding...
4 Estate planning myths debunked
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...
