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About Abigail

Scottsdale attorney Abigail Neal is passionate about helping people, focusing on trusts and estates, probate and business law. Call (480) 699-7992 today!

You Need to Update Your Will When You Move

Question:  Do you need to update your will when you move to a new state?   Answer: Yes, you should update your will when you move. Wills are governed by state law and should be updated to reflect the law in the new state of residence. Wills are a very state specific document.  In Arizona, [...]

By |September 28th, 2017|All Categories, Estate Planning|Comments Off on You Need to Update Your Will When You Move

Do You Need a Trust?

What is a Trust and do you need one? You've probably heard about trusts on popular TV and radio shows.  Here are answers to some frequently asked questions about trusts: Trusts - Defined A Trust, or Revocable Living Trust, is an estate planning document that states who you want to inherit your property and how.  [...]

By |September 19th, 2017|All Categories|Comments Off on Do You Need a Trust?

Guest Post: The Skinny on Probate Bonds

What is a probate bond? Probate bonds, which can also be referred to as fiduciary bonds are required by the court of individuals that are acting on behalf of others. For example, a fiduciary may be appointed by the court to manage someone’s finances, or to care for that individual if they are either too [...]

By |March 2nd, 2017|All Categories, Arizona Law, Guest Posts, Probate|Comments Off on Guest Post: The Skinny on Probate Bonds

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?
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