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When you think about visiting wineries, Napa, Santa Barbara and the French countryside probably come to mind. We would have been of like mind until earlier this year when my husband and I decided to head down to Bisbee to visit friends. To round out the trip, we decided to spend a night at the Arizona Inn in Tucson and meander down to Bisbee the ne...
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January 02, 2012
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September 01, 2010
Many people feel that they do not need a Revocable Living Trust because their assets are not large enough to warrant one. Actually, the decision to have a trust depends less on the value of assets. Instead, the decision to have a trust depends on (a) whether any assets are going to be left to a minor or an adult who will need government...
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August 23, 2010
National attention has been focused on SB 1070, the Arizona immigration law that was scheduled to go into effect on July 29, 2010. On July 28, 2010, the United States District Court in Phoenix ruled that the key portions of the Arizona law are unconstitutional in a lawsuit brought by the federal government seeking to bl...
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published by American Chamber of Commerce Resources
April 09, 2010
One of the fundamentals of the estate planning documents is the Revocable Living Trust. As with any trust, there are three parties:
The Settlor is the creator of the trust who provides the assets. The Settlor is often also called a Trustor or Grantor. The terms can be used interchangeably, but the Arizona Trust Code, which took effect in 200...
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April 09, 2010
Wills and trusts generally will not govern the distribution of your IRA’s or 401k’s. The designated beneficiary form directs who will get your qualified retirement plan after you die. Qualified retirement plans include IRA's and any plan created by ERISA, such as a 401k or a 403b retirement account.
If your "Estate" is listed as the designa...
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April 09, 2010
On March 23, 2010, President Barack Obama signed into law the Patient Protection and Affordable Care Act (PPACA). This Act, along with the Health Care and Education Reconciliation Act (signed March 30, 2010), provides many reforms to the existing medical insurance system in the United States. This comprehensive health care reform legislation will...
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April 09, 2010
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