Today I’m delighted to share an article from my friend Kristin Dorn at the Dorn Agency about today’s hot button issue: health insurance.* What Every Arizonan Should Know About Health Insurance The frustration is mounting with health insurance. The website is a mess. The premiums are higher than many expected. And there’s a lot of…
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As an estate planning attorney, I hear stories every day about common estate planning mistakes and their consequences. Mistakes can vary, but often result in someone not adequately planning to take care of themselves during their life, planning for their disability, and planning for their survivors after passing. With a comprehensive estate plan drafted by…
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Scottsdale trust attorney Abigail Neal is a second generation Arizona native who enjoys helping her clients meet their personal and professional goals. One part of Abby’s practice is creating trusts for clients as part of a comprehensive estate plan. Scottsdale trust attorney Abby Neal is often asked the following questions about trusts: What is a…
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This week is National Estate Planning Awareness Week 2013! In 2008, the National Associate of Estate Planners and Councils (NAEPC) worked with Congress to pass a resolution to proclaim the third week of October as National Estate Planning Awareness Week. The resolution stated “Many Americans are unaware that lack of estate planning and financial…
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Huguette Clark was born in 1906 into a life of wealth and privilege, the daughter of an American copper and railroad baron, raised in a 121-room Manhattan mansion, the city’s largest private residence. She could have enjoyed the high life of parties and travel, but instead opted for seclusion and secrecy, withdrawing from society almost…
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Question: I want to create a trust to provide for my children and avoid probate, but I’ve heard I have to fund it. What is trust funding? Answer: Trust funding is the process of re-titling assets out of your name and into the name of your trust. Do not be confused by the term “funding”. …
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There is a common misconception that estate planning is only for the wealthy so they can minimize their tax liabilities. While this is one part of estate planning, it is certainly not the only part. Even if someone isn’t wealthy or concerned about taxes, there are a number of important non-tax reasons why everyone should…
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Many people never stop to think of how hard a job it is to administer the estate or trust of someone who passes away. Often, it’s a thankless job, filled with headaches. That’s certainly been the case for the Michael Jackson Estate executors: entertainment attorney John Branca and music executive John McClain. Well, at least…
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In general, Americans tend to be pretty optimistic. Even in this struggling economy and difficult job market, most American workers will say that the future looks better and that good times are on the way. Most American workers are also optimistic that their financial situation will improve next year and that their retirement plans are…
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Arizona law provides that certain “small estates” may avoid probate by using a small estate probate Affidavit. Recently, the dollar amount of assets that qualify for the exemption increased. Previously, if a decedent owned $50,000 or less in personal property, the decedent’s heirs could use a Small Estate Affidavit for the Collection of Personal Property. …
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Updating your trust is important. Let us help you figure out the right time for you to do so. Countless surveys reveal that the majority of Americans do not have all of the necessary estate planning documents in place. In fact, most people don’t have any estate planning documents at all. One of the big…
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Arizona lawyer Abigail Neal is delighted to announce the opening of the Neal Law Firm. Abby’s goal with the firm is to provide her clients with exceptional legal service in the areas of estate planning, business, charities and nonprofits and probate. Our office is located near Scottsdale Road and Lincoln. Our contact information is: Neal…
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