Question: I’ve heard of a Will, Last Will and Testament and Living Will. What’s the difference? Answer: Good question. There are two different types of “Will” documents. The most common one that people think of is a Last Will and Testament (casually referred to as a Will). A Last Will and Testament serves a number…
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Question: What is community property? I am married and live in Arizona. Does this affect me? Answer: Married individuals living in community property states own property their property as either community property or separate property. Community property is all property acquired during marriage, except property acquired by gift or inheritance, or property acquired after the…
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What is a Homestead? Generally, a homestead is a dwelling including the land and buildings on the land that is occupied by the owner. What is a Homestead Exemption? A homestead exemption is a law that states that a person’s homestead is exempted from seizure or sale for a debt in certain situations. This means…
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