Now that the holidays have wound down and life is returning to normal, it’s time to get down to the business of those New Year’s resolutions. Most years it’s the same: have a better diet, exercise more, save more money and finally do your estate and financial planning. Getting your estate and financial plan in…
Details
If you already have an estate plan, congratulations! You have taken a big step to protecting yourself and your family. However, many people make the unfortunate mistake of putting their estate plan in a drawer and forgetting about it. It is important to remember that an estate plan involves the most important things in your…
Details
Learn more about the fight of Nazi art loot to Jewish heirs below: American and Israeli officials have turned up the pressure on German authorities, to hand over a billion euros worth of art to Jewish heirs, after valuable pieces were seized by the Nazis during World War II. Government authorities from the US and…
Details
Estate planning can become a bit tricky if your spouse is not a U.S. citizen. Why? For estate tax purposes, U.S. citizens have a huge tax advantage over non-citizens. Your estate will have to pay federal estate taxes when you die if the net value (assets minus debts) is more than the exempt amount at…
Details
Happy Thanksgiving from Neal Law Firm! We hope you have a wonderful day with your families.
George Washington’s Last Will and Testament, 9 July 1799 [Mount Vernon, 9 July 1799] In the name of God amen I George Washington of Mount Vernon—a citizen of the United States, and lately President of the same, do make, ordain and declare this Instrument; which is written with my own hand and every page thereof…
Details
What is a Power of Attorney? A Power of Attorney (“POA”) is a document someone signs (the “principal”) giving someone else (the “agent”) authority to do things the principal could have done if he or she was able. There are two types of Power of Attorneys that people think about. First is the Healthcare Power…
Details
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…
Details
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…
Details
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…
Details
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…
Details
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…
Details