To update your estate plan after having children in Arizona, review your will, update beneficiary forms, and name a guardian for your child. New parents typically need to add their child as a beneficiary, update life insurance information, and verify that trusts align with their desires. Arizona law allows you to appoint a guardian [...]
Newlyweds in Arizona should start estate planning by making a simple will, naming a power of attorney, and listing beneficiaries for accounts. Arizona is a community property state, meaning that assets acquired during marriage are owned by both spouses. Couples open joint accounts and retitle assets to reflect shared ownership. It’s typical to name [...]
If you’re in your 30s in Arizona, you should be equipped with a will, a durable power of attorney, a healthcare power of attorney, and a living will. A will lets you designate who inherits your stuff and who takes care of your children. A durable power of attorney lets someone you trust take [...]
How your estate plan should evolve at each significant life stage in Arizona is based on important changes in family, assets, or state legislation. A starting point, a simple will or power of attorney might suffice for a single adult. Marriage, parenthood, or buying a home necessitate updates to designate guardians, add beneficiaries, or [...]