KEYTLaw

Isn’t estate planning too expensive?

A good plan costs far less than the court fees, taxes, and loved ones disputes that can happen without one. It’s an investment in your loved one’s protection and peace of mind.

How long does the estate planning process take?

Most of our plans are completed in 1 – 2 weeks. We’ve simplified everything into a few meetings, with most of the work done by our team behind the scenes.

I’m not wealthy. Do I really need an estate plan?

Estate planning isn’t just for the wealthy. It’s about making sure your wishes are followed, the people you want inherit your assets, your loved ones avoids probate, and your loved ones are protected no matter your asset level.

Can’t I just use an online will or DIY form?

DIY documents often leave dangerous gaps, may not follow Arizona law, and can cause your estate to end up in probate anyway. Our plans are customized for you and legally effective in Arizona.

What’s the difference between a will and a trust?

A will does not transfer assets unless a probate is opened with an Arizona Superior Court. It is effect only after death and only if a probate is opened. A trust transfers assets on your death, avoids probate, stays private, and works if you become incapacitated. We give our clients a will and a trust, but the only purposes of the will are to transfer assets that remain in the name of the deceased to the trust and name who will be the guardian of minor children.

How does a financial power of attorney help?

It allows someone you trust to manage your financial affairs if you become mentally incapacitated, which avoids costly court proceedings and protects your loved ones from financial chaos.

Who should I name as guardian for my minor children?

The law of your state of residence when you die, not you, will determine who inherits your assets. Your failure to adopt a will and/or a trust could result in the wrong person or people inheriting your assets. If you don’t plan your loved ones could end up in probate court, facing delays, high costs ($5,000+), and public exposure. Arizona residents can learn who will inherit their assets if the resident dies without a will or a trust by reading my article called “Who Inherits Your Property If You Die without a Will or a Trust.”

What happens if I don’t do any planning?

The law of your state of residence when you die, not you, will determine who inherits your assets. Your failure to adopt a will and/or a trust could result in the wrong person or people inheriting your assets. If you don’t plan your loved ones could end up in probate court, facing delays, high costs ($5,000+), and public exposure. Arizona residents can learn who will inherit their assets if the resident dies without a will or a trust by reading my article called “Who Inherits Your Property If You Die without a Will or a Trust.”