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About Abigail

Scottsdale attorney Abigail Neal is a second generation Arizona native who is passionate about helping people achieve their personal and professional goals. Abigail focuses her practice on trusts and estates, probate and business law. Call (480) 699-7992 today to speak to Arizona lawyer Abigail Neal.

Beneficiaries for Bank Accounts

Pay on Death and Transfer on Death Designations Setting up a Transfer on Death (“TOD”) or Pay on Death (“POD”) designation on your bank account is a simple and easy way to keep bank account assets out of probate.  A TOD or POD designation is effectively a beneficiary designation, similar to beneficiary designations on life [...]

By |September 15th, 2016|All Categories, Estate Planning, FAQ, Property|Comments Off on Beneficiaries for Bank Accounts

Probate Affidavits

Avoiding Probate with Probate Affidavits Also called a "small estate" affidavit, probate affidavits allow the heirs of a deceased person to collect the decedent's property without having to open probate.   This is also sometimes called the small estate probate exemption. There are two types of probate affidavits - personal property and real property.  Personal property is anything [...]

By |July 27th, 2016|All Categories, Arizona Law, Probate, Property|Comments Off on Probate Affidavits

Piercing the Corporate Veil

Piercing the Corporate Veil – What does it mean, exactly? First, let’s start with the concept of a corporation or limited liability company (LLC). Because they are in and of themselves “entities,” corporations and LLC’s have a legal existence – rights and liabilities distinct from their owners. So, the officers and shareholders are normally not [...]

By |March 29th, 2016|Arizona Law, Business Law, FAQ, Litigation|Comments Off on Piercing the Corporate Veil

Probate Attorney Scottsdale

Scottsdale Probate Attorney Who Provides Cost Effective Representation A loved one's passing is an understandably stressful time.  In addition to grieving for a loved one, individuals often find themselves in the position of being responsible to manage their love one's final affairs.  When it comes to the legal aspect of handling a love one's affairs, [...]

Breaking a Commercial Lease

Question: I can't afford the commercial lease for my office.  What should I do? Answer: Many business owners are faced with the difficult issue of wanting to break their commercial lease, for any of a host of reasons. And with the increased use by landlords of personal guaranties, breaking a commercial lease can be an [...]

By |February 15th, 2016|All Categories, Arizona Law, Business Law, FAQ, Property|Comments Off on Breaking a Commercial Lease

Can My LLC Be Taxed As An S-Corporation?

Question:  Can my LLC be taxed as an S-corporation? Answer:  Yes. One of the great features of a limited liability company is that it has numerous options for tax classification.  These options include sole proprietorship/disregarded entity, partnership, S-corporation and C-corporation tax classifications. For single member LLCs or husband and wife community property LLCs, the default [...]

By |February 9th, 2016|All Categories, Business Law, FAQ, Taxes|Comments Off on Can My LLC Be Taxed As An S-Corporation?

Do I Need A Living Trust?

Question:  Do I need a living trust? Answer:  It depends on your family situation, assets and estate planning goals. First, what is a living trust?  A living trust, also called a revocable living trust, is an estate planning vehicle that allows you to transfer your property to other persons after passing.  You can also specify [...]

By |January 25th, 2016|All Categories, Estate Planning, FAQ, Probate, Taxes|Comments Off on Do I Need A Living Trust?

Top 7 Business Legal Issues

The services our firm provides are largely dedicated to helping individuals, families, entrepreneurs and companies save on their legal costs. That is, our attorneys endeavor to decrease our clients’ exposure to liability and litigation. Powers & Neal has taken this approach on behalf of numerous small businesses.  Here are the top seven business legal issues [...]

By |October 28th, 2015|All Categories, Business Law, FAQ, Litigation|Comments Off on Top 7 Business Legal Issues

Federal Judge Overturns Tom Brady NFL Suspension

Federal district judge Richard M. Berman is now a famous federal district court judge. Today, Judge Berman reversed a ruling by NFL Commissioner Roger Goodell to suspend Tom Brady for four games, due to the "deflategate" dispute over underinflated balls Brady allegedly used in the AFC Championship game in January, against the Indianapolis Colts. Judge [...]

By |September 3rd, 2015|All Categories, Current Events, Rich & Famous|Comments Off on Federal Judge Overturns Tom Brady NFL Suspension

What You Should Know About Wills and Probate

Thank you for visiting PowersNeal.com to learn some basics about wills and probate.   First, let’s define both wills and probate: A will is a document which states who should inherit a person's property after passing, who should administer their estate during a probate matter (the "personal representative"), and who should serve as the guardian for [...]

By |July 15th, 2015|All Categories, Arizona Law, Estate Planning, Probate|Comments Off on What You Should Know About Wills and Probate
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