posted on March 29, 2018

Do Recent Tax Changes Pose A Threat To Estate Plans?

Not really according to a new survey from TD Wealth.  The survey found that 44% of estate planning professionals cite family fights as the biggest threat to estate planning in 2018.  Only 25% cite tax reform with the remaining 12% considering the volatility in the stock as the next largest… Read More

Filed Under: Asset Protection, court, Court Hearings, Estate Planning, estate tax, Executors
posted on March 21, 2018

Asset Protection Laws In Arizona

The need for asset protection planning arises when you have to achieve your goals and protect your family wealth and assets from the claims of creditors. The tools used for asset protection planning may be used alone or paired with some other tools and strategies in order to achieve the… Read More

Filed Under: Arizona, Asset Protection, attorney, court, Court Hearings, Courtroom, Family, James G. Knollmiller, Kevin McFadden, Knollmiller & Arenofsky LLP, Personal Items, Personal Property, Powers of Attorney, Real estate, Trusts, Wills Tagged With:
posted on January 28, 2014

Estate Planning Mistaken Belief #2

IF I HAVE A WILL, MY FAMILY WILL AVOID PROBATE I am unsure how this mistaken belief ever came about since a Will is almost synonymous with probate. By way of background, using a Will as your primary estate planning document, your estate may be probated. Without a Will, your estate… Read More

Filed Under: Arizona, court, Court Hearings, Courtroom, Estate Planning, Family, heirs, Kevin McFadden, Knollmiller & Arenofsky LLP, Last Will & Testament, Living Trust, Living Trusts, Probate, revocable trusts, trust, Trust law, Trusts, Wills Tagged With:
posted on January 22, 2014

Estate Planning Misunderstandings #1

Estate Planning Misunderstanding #1 Estate planning is only for the old. (This is the first in a series of estate planning misunderstandings.) The fact is, if you are an adult, you already have an estate plan. We all do. It was drafted on our behalf by the legislatures of the state… Read More

Filed Under: Arizona, court, Court Hearings, death, Estate Planning, Family, heirs, Intestate, Intestate Succession, Kevin McFadden, Knollmiller & Arenofsky LLP, Last Will & Testament, Living Trust, Living Trusts, Powers of Attorney, Probate, revocable trusts, Trusts, Wills Tagged With:
posted on January 2, 2014

Question: Does Having a Will Mean You Avoid Probate?

Question: Does Having a Will Mean You Avoid Probate? Answer: No, almost by definition, a Last Will & Testament implies that a probate will be needed to administer the estate. The best way to avoid probate is using a revocable trust. Another way to avoid probate, but sometimes causing more… Read More

Filed Under: Arizona, attorney, court, Court Hearings, Courtroom, Estate Planning, Family, heirs, inheritance, Kevin McFadden, Knollmiller & Arenofsky LLP, Last Will & Testament, Living Trusts, Probate, revocable trusts, Trust law, Wills Tagged With: