With age and maturity comes a natural desire to have a well-established estate plan in place. As spouses, parents, and grandparents, we feel the need to do whatever is in our power to care for and benefit our children, grandkids, and dear friends, as well as support our favorite charities, even the event of our passing. In this part of the Sonoran Desert, almost every day is a good one. Not just for golfers in the family but for everyone. And for the residents of many of these close-knit neighborhoods of South, Central, and North Scottsdale, legacy and continuity are important goals. A qualified estate planning lawyer near you can help ensure you reach these goals.
Fulfilling a promise to your grandchildren, you spend an afternoon at the Giants’ Spring Training at Scottsdale Stadium, a Cactus League venue right in Old Town. Time together has you thinking about their futures. How many of their dreams and aspirations will come true? You may not be there to see them graduate from college, marry their sweethearts, and raise families of their own. But through comprehensive estate planning, you can fulfill bigger promises.
Expecting your first child? As parents-to-be, setting a plan in place about care and guardianship of this new life should something happen to you is necessary. No one is immune from financial ups and downs, illnesses, and the inevitable loss of loved ones. Metaphorically, the Tom’s Thumb trailhead in the McDowell Mountain range is a big thumbs up to being prepared for what parents hope never happens – that their child will need a guardian because they cannot be there.
It is important to talk to a local estate planning attorney with experience. One who can assist clients with complex portfolios or complicated blood relationships. Who can discuss concerns about circumstances or events that could arise at any time? An estate planning lawyer can help you figure out:
One of the experienced estate planning lawyers at Stewart Law Group can expertly guide you through the entire planning process. Be confident knowing you have done all you can to protect your family and provide for them after you or your spouse have passed.
A day on the fairway and green at TPC, Starfire, or The Phoenician Gold Club is always relaxing and enjoyable. Spending time on the golf course is a great way to build long-lasting friendships. It’s part of a lifestyle you would profoundly miss should some sort of negative life event occur. With a comprehensive estate plan, you have the power to make immediate lifestyle changes should you be injured or disabled or should your spouse become seriously ill. Having a plan in place makes day-to-day living easier for everyone involved.
Why not create a business succession outline within your estate plan? Will your son or daughter assume control of the family business when you and your spouse retire or step away from day-to-day operations? An equestrian event at WestWorld, for example, would be the perfect opportunity to open up to your child about taking over ranch operations. To discuss the importance of keeping a meaningful, irreplaceable way of life for the next generation. Why not have a plan to care for your loved ones after you’re gone?
Does your existing estate plan need updating? Life is constantly changing. If an important event has occurred – a firstborn child, parent’s death, divorce, illness – then it’s even more pressing that those legal documents be reviewed by a competent lawyer. Make time to bring everything up to date. Laws and tax codes, personal circumstances and financial needs, as well as your intentions and wishes, are all likely to change as years go by. There will always be ups and downs, but a good estate plan will help you stay in control no matter what comes.
If you do not have an estate plan yet, then make one. Have a qualified lawyer near you explain key inheritance concepts as well as:
Get accurate information from a knowledgeable legal professional so you can make informed decisions about the disposition of property during your lifetime and upon death. Providing for your loved ones financially and emotionally is a tremendous gift.
Minimize the Probate Court’s involvement and reduce the possibility of a Trust or Will contest. Make the path smoother for the personal representative, trustee, beneficiaries, and devisees. Probate litigation is costly and drains precious resources from the estate. A tailored plan designed to carry out your wishes under all possible scenarios is the only way to maintain control over final distribution.
“Robert Howard is an outstanding attorney and asset to the Stewart Law Group. He and his team were always available, timely in their responses to my questions and very understanding of this difficult time in my life. Mr. Howard is extremely knowledgeable and professional. He proactively managed case details while always being mindful of the big picture and my future well being. With heartfelt gratitude, I commend Mr. Howard for his expert advocacy and I recommend him without hesitation.”
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There are many aspects of life that are uncontrollable and unavoidable. Estate planning is not one of these aspects. Planning now for the inevitable is the answer. Contact Stewart Law Group, expert Scottsdale estate planning law firm, for attentive and experienced guidance. Protect your legacy with a sound estate plan. 480-425-1400