Living Trust Chandler AZ
Revocable and Irrevocable Living Trusts in Chandler, Az
Talking to an attorney about setting up a Revocable or Irrevocable Living Trust in Arizona is not a small decision. We understand it and we are here to help you through the process. Although the process itself is easy the emotions that are attached to it are not necessarily easy. It is part of our job to make you feel comfortable with it.
When our clients come to our office to talk about their needs we know that they didn't take that decision lightly. Talking about the end of live is not an easy subject, it is even considered a taboo in some cultures. We take the time to talk to you and your loved ones.
We want to make sure that the instrument that we put in place for you is the right one for your needs and the needs of your family. We explain in details the particularities of the solution that we choose together, we will explain it multiple times if we need to, it doesn't matter if it is a basic will or a sophisticated living trust.
We also offer all our estate planning services at a flat fee, we believe that offering a flat fee incentives the client to contact our estate planning lawyers as many times as they need. We want our clients to leave our offices with a very good understanding of their estate planning, we want them to be happy and in peace with it.
A lot of clients want to make sure that their assets and their families are protected, they want to preserve what took them a lifetime to build. Some of them also want to do their best to avoid probate. Probate in Arizona, as in most states, is a stressing process, it is also a matter of public record in a probate court. Other clients want to make sure that their family will not fight after they are gone, it is fair to say they want their family united and happy. Some clients want to make sure they will have enough to take care of themselves in case they end up disabled or badly sick.
A Revocable or Irrevocable Living Trust is a solution that we use often to help people have more control over their future. We will go over in details below when we recommend a Chandler, AZ Living Trust for Arizona residents.
Creating a Living Trust is a proactive way to protect your family. A Revocable or Irrevocable Living Trust make sure you make the decisions and give you options. If you go through a probate process these decisions will follow Arizona law or will be done by a judge. Although the probate process in the state of Arizona is not too complicated it is still a stressing process for anyone that just lost a loved one.
When do we recommend a Living Trust in Chandler?
We usually recommend a Living Trust for people who are concerned with:
- Avoiding probate, which is a public legal proceeding;
- Maintaining privacy within a family;
- Transferring assets over USD 250,000 to a surviving spouse and future generations;
- Minimizing the cost and expense of administering assets in multiple states;
- Ensuring an efficient administration of assets during periods of disability and/or mental incapacity;
- Providing for dependents (spouse, children, loved ones with special needs, other);
- Limiting and dissuading infighting among successor generations;
- Protecting the legacy of potentially competing parties in blended families and second marriage situations; and
- Defending future generations from creditors, predators, bankruptcies, and remarriages.
A properly drafted and funded Living Trust will also make the administration of the estate easier and it will avoid delays associated with court involvement.
If you think you are in one of the situations above contact us. We would be pleased to offer you and your family a free estate planning assessment with a Living Trust Attorney in the Phoenix East Valley. Our attorneys have extensive experience in drafting the best solutions for all the families that seek our estate planning services.