Many people associate trusts with wealthy families, large investment portfolios, and complicated estate tax strategies. Because of this perception, an Arizona resident with a home, retirement accounts, savings, personal property, and a modest investment portfolio may assume that a trust is unnecessary. After all, if you are not a multimillionaire, why would you need [...]

Estate planning is often associated with retirement, aging, or leaving an inheritance to children and grandchildren. Because of that association, younger adults may assume they can address estate planning later in life, after they have accumulated more wealth or reached retirement age. If you are healthy, have relatively few assets, or are just beginning [...]