Probate & Estate Planning

We often consult with blended families about their estate planning. Those families — sometimes with “yours, mine and our” kids, or disparate young-adult backgrounds — can pose special concerns for us to work through. How common are concerns? The U.S. Census Bureau reports that 1,300 new step-families are formed every day. More than half of families have at least one divorce in their personal story. And as we have explained before, Arizona’s default rules for
It doesn’t take much to create a trust. Most people go to a lawyer, and after a couple of meetings and a signing ceremony, they take home a big binder full of paper. While much of that effort is advisable, it’s not legally required. You don’t even need paper. That’s right, in Arizona, an oral trust can be valid. A.R.S. § 14-10407 says:  “[A] trust need not be evidenced by a trust instrument, but the…
I have had a few cases recently where a person, who has now died, had been the beneficiary of a trust.  However, in all the cases the person who has now died never got their beneficial share from the trust before they died. So what happens?  When does a trust beneficiary require a probate in California? The basic threshold currently is $166,250 to avoid a full probate. So let’s say Mommy Mae dies with a…
“Forbes may earn a commission on sales made from partner links on this page.” It’s there, in fine print a few shades lighter than the paragraph text. I can’t single them out for that – several other national publications do the same.  We as professionals understand that these are often paid fluff pieces. The problem comes as advertising and journalism blend together, leading to confusion when people really just need objective facts.  News sources that…
Dickinson, Mackaman, Tyler & Hagen, P.C. is pleased to announce that 24 attorneys of the firm have been named by Best Lawyers® to its 2021 recognition lists for professional legal excellence, including: 21 attorneys with extensive experience were included in The Best Lawyers in America; Three distinguished attorneys were honored as “Lawyer of the Year” in their respective areas of law in Des Moines, and: Three rising lawyers were recognized in the inaugural edition of Best Lawyers:…