Estate Planning Mesa AZ is the organization of your estate so that you may use your assets to your best advantage during your lifetime, and then upon your death pass those assets on to your chosen heirs, beneficiaries and loved ones, with the least possible loss in value.
“I want to control my property while alive, take care of my loved ones and myself if I become disabled, and, upon my death, give what I have to whom I want, the way I want, and when I want. And if I can, I want to save every last tax dollar, professional fee, and court cost possible.”
(From the National Network of Estate Planning Attorneys)
A Living Trust is the foundation to any estate plan. I rarely recommend only a Will because a Will goes through probate upon your death, which is very costly and it is also public (anyone can go look at a probate record.) A Living Trust avoids probate and remains private. Each case is different. Each case we design for your specific desires and wishes. Some of the things we consider to achieve the most effective basic estate plan are:
A revocable living trust will be the foundation of any estate plan. If you are married and if your estate is valued at more than the applicable exclusion amount or is likely to grow or appreciate in value, you should have an “A/B Trust.”