Courtroom Archives - About Estate Planning https://aboutestateplanning.com/category/courtroom/ Knollmiller & Arenofsky, LLP Thu, 01 Oct 2020 21:32:24 +0000 en-US hourly 1 Asset Protection Laws In Arizona https://aboutestateplanning.com/asset-protection-laws-in-arizona/ Wed, 21 Mar 2018 10:01:11 +0000 http://aboutestateplanning.com/?p=1259 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

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]]> Are Inherited IRAs Subject to Creditor Claims? https://aboutestateplanning.com/are-inherited-iras-subject-to-creditor-claims/ Mon, 16 Jun 2014 22:51:14 +0000 http://aboutestateplanning.com/are-inherited-iras-subject-to-creditor-claims/ The answer is YES. On June 12th the Supreme Court of the United States handed down a decision stating that Inherited IRA’s are subject to the claims of creditors. For anyone who inherits an IRA, creditors or a spouse in a divorce can attach that inheritance if not properly planned.… Read More

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]]> “Only Older People Need Estate Plans” https://aboutestateplanning.com/only-older-people-need-estate-plans/ Mon, 24 Mar 2014 17:50:50 +0000 http://aboutestateplanning.com/only-older-people-need-estate-plans/ Français: Enterrement à (Photo credit: Wikipedia) It isn’t a surprise to anyone that those typically motivated to do estate planning are those that have their mortality staring back at them. Examples include clients preparing for travel, life-challenging illnesses or individuals in advancing years. I don’t need to remind anyone that… Read More

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]]> Estate Planning Mistaken Belief #2 https://aboutestateplanning.com/estate-planning-mistaken-belief-2/ Tue, 28 Jan 2014 22:36:30 +0000 http://aboutestateplanning.com/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

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]]> Question: Does Having a Will Mean You Avoid Probate? https://aboutestateplanning.com/question-does-having-a-will-mean-you-avoid-probate/ Thu, 02 Jan 2014 19:53:40 +0000 http://aboutestateplanning.com/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

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