About Monahan Law Firm PLC
Estate Planning attorney in Glendale, Arizona
Planning and Handing off Your Legacy
It can be uncomfortable to think about, but every adult needs to think about how they want to distribute material possessions when they leave this Earth. There is no one-size-fits-all estate plan. What yours looks like will depend on the value of your estate, where your property and assets are located, your marital status, and who you want your beneficiaries to be, among other factors.
A good starting point for many estate planners is developing a Will; this legal instrument is often the foundation of any effective estate plan. Find out more about what we offer in this area of estate planning here.
Trusts have many benefits to them, including avoiding the probate process for your loved ones after you pass. If you have a diversified portfolio of assets or an estate worth a considerable amount, you should consider using a trust to protect your wealth and property for the next generation. Find out more here.
You are probably familiar with the phrase “power of attorney,” but you might be unfamiliar with what exactly someone with a Power of Attorney can accomplish. Check out more about this area of estate planning here [link to Power of Attorney page]. Someday, you will be able to kick back, relax, and watch the business you helped create continue to flourish under someone else’s leadership. To accomplish this, though, you need years of careful planning and many discussions with an experienced Arizona attorney. Visit our page on this aspect of estate planning.