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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.

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

Living Will

Question: What is a Living Will? Answer: a Living Will is a healthcare document that specifies your wishes in an end-of-life situation.  Not to be confused with a Last Will and Testament which disposes of a person's property after passing, a Living Will tells a person's loved ones and medical professionals their wishes regarding medical [...]

By |June 23rd, 2015|All Categories, Estate Planning|Comments Off on Living Will

What is Probate?

We are often asked by our clients: what is probate? Probate is the legal process by which a will is proved valid or invalid and the estate of a decedent is administered. In Arizona, the probate court has special jurisdiction over probate and estate matters. The Probate Court also handles matters involving guardianship, conservatorship, elder [...]

By |June 11th, 2015|All Categories, FAQ, Probate|Comments Off on What is Probate?

A Peek into Princess Diana’s Will

While everyone, including myself, has caught Royal Baby Fever-itis just in time for the second Royal Baby, estate planner all over the United States are buzzing about the latest news regarding the reveal of Princess Diana’s will. 18 years after the young Princess’s untimely death, for the first time, her will has been revealed. Of [...]

By |April 20th, 2015|Estate Planning, Rich & Famous|Comments Off on A Peek into Princess Diana’s Will

I’ve Been Named a Personal Representative. Now What?

When a loved one passes a person may find out that they were named as the deceased individual's Personal Representative.  What does that mean?  It mean the person was nominated by the deceased to administer his or her estate after passing.  A Personal Representative (called an Executor in other states) has the following duties: Duties [...]

By |April 15th, 2015|All Categories, Probate|Comments Off on I’ve Been Named a Personal Representative. Now What?

25 and Alive

I am 25, single, no kids, just finished law school—meaning I have little to zero assets of my own, and recently began working for Powers & Neal Law firm. With all of this in mind, it would seem pointless to have an estate plan, right? Wrong. The absolute best scenario—and one that I pray for—is [...]

By |April 6th, 2015|All Categories, Estate Planning, FAQ|Comments Off on 25 and Alive
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