Estate Planning, Probate, Small Business, & Asset Protection

Legally Speaking: New LLC Laws for Arizona

Legally Speaking: New LLC Laws for Arizona

Arizona has over 800,000 Limited Liability Companies (LLCs) with thousands formed each year. LLCs are very popular for their ease of formation and maintenance and taxation flexibility compared to other entities like Corporations & Partnerships. The new Arizona Limited Liability Company Act (ALLCA) was signed into law in April 2018 and replaces our LLC laws… Continue Reading

Legally Speaking: Gift & Estate Tax Facts

Legally Speaking: Gift & Estate Tax Facts

Taxation of Gifts & Estates is a topic that is often misunderstood. Many misconceptions about Gift & Estates tax are floating out there. The following are some important things to note about current Gift & Estate Tax laws. Federal Estate Tax Applies Only to Property Transfers at Death that Exceed Exemption Limits In 2019 individuals… Continue Reading

Can You Avoid Probate Without a Trust?

Can You Avoid Probate Without a Trust?

Avoiding the cost and hassle of Probate in Arizona is an important Estate Planning objective. Avoiding Probate saves your loved ones a great deal of expense, delay, and inconvenience. Trust-based Estate Planning is the best way to avoid Probate (and a bargain in comparison). Nevertheless, some may not want an Estate Plan based on a… Continue Reading

Living Our Lives Online: E-Signatures and Arizona’s New Electronic Will Law

Living Our Lives Online: E-Signatures and Arizona’s New Electronic Will Law

Increasingly we are living our financial and social lives “online”, including shopping, business and legal activities. Many are uneasy about putting their information online, and question the security and enforceability of E-Signed agreements. We have all “E-Signed” many agreements. Facebook, Amazon, Netflix, Google and an unlimited number of other online services all require your E-Signature… Continue Reading

Cybersecurity and Your Small Business

Cybersecurity and Your Small Business

Cybersecurity is a growing concern for businesses, and small businesses are not immune from the threats posed by cybercriminals. Don’t be complacent because your business is small: Almost half of all cyber attacks in the U.S. are directed at small businesses. In light of this problem, in August 2018, President Trump signed into law the… Continue Reading

Legally Speaking: Tips for Starting a New Business

Legally Speaking: Tips for Starting a New Business

Recommendations When Starting a New Business Starting a new business is a daunting endeavor! Creating a Business Plan will allow you to refine ideas, consider items previously missed, create a map to guide your next move, and increase credibility when seeking financing. While you may have a great “napkin sketch” concept, the difficult process of… Continue Reading

Legally Speaking: How to Pick a Fiduciary

Legally Speaking: How to Pick a Fiduciary

How to Pick a Fiduciary (Trustee, Executor, Power of Attorney) Choosing a Successor Trustee, Personal Representative (Executor), or an Agent in your Medical or Financial Powers of Attorney can be difficult. When you nominate someone, you’re picking someone to make decisions for you and your loved ones when a crisis occurs (death or disability).  Understanding… Continue Reading

Legally Speaking – Protect Retirement Accounts

Legally Speaking – Protect Retirement Accounts

PROTECT YOUR RETIREMENT SAVINGS Retirement assets (401k, IRA, Pension, etc.) currently exceed $26 Trillion, and represent approximately 2/3 of all middle class liquid wealth in America! Shockingly, your retirement accounts can be seized once they pass to your loved ones. During your lifetime, your retirement funds are protected and can’t be taken in a lawsuit.… Continue Reading

The Importance of Asset Protection Planning

The Importance of Asset Protection Planning

Asset Protection Planning is the use of legal tools and strategies to protect the assets of individuals and families from the threat of frivolous and predatory lawsuits, or similar unanticipated creditors. The Business of Litigation In America, more than 40,000 civil lawsuits are filed daily. Civil litigation has become a $300 billion annual industry in… Continue Reading

Legally Speaking: Planning for New Families

Legally Speaking: Planning for New Families

Newlyweds and New Parents Need Estate Planning Too! Congratulations! Life is new and exciting! You’re a “grownup” now! You’ve recently married or welcomed a new bundle of joy into your life! The honeymoon, unfortunately, is over, and it might occur to you that “I’m not just living for me, I’m living for them too!” You… Continue Reading

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DOWNLOAD: Annual Legal Audit Checklist

As a business owner, you’ve got your hands full just taking care of day-to-day operations. Essential tasks like the maintenance of your business entity can slip through the cracks. While these tasks may not be on the top of your to-do list, keeping your business entity up-to-date is absolutely essential to your continued success.

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