Do Inheritance Checks Get Reported To The IRS?
Do inheritance checks get reported to the IRS? Do these checks get reported? What are you going to do about that if they do it? There’s the publication or the form that transactions get reported with...
View ArticleWhat Are The Disadvantages Of Medicaid?
What are the disadvantages of Medicaid in Arizona? Yes, there are some. You need to know what these are before you pull the trigger and do something that you’ll later regret. There are three big...
View ArticleDoes Money From A Trust Count As Income?
Does the money you get from a trust count as income to you? You know, mom and dad passed away, and you’re gonna be taxed on that. Think about this. You work at a job, and you get your paycheck,...
View ArticleHow Does A Living Trust Work In Arizona?
How does a living trust actually work in Arizona? Well, there’s kind of three big stages if you think about how it’s going to work. First stage is putting it all together. You’ve got to have it done....
View ArticleHow Long Can A Trust Last In Arizona?
If you’re thinking about creating a trust, you might be wondering – how long can it last? How many years can a trust last in Arizona? This is something that goes way back in time, to the beginning...
View ArticleIs A Trust Better Than A Will In Arizona?
Is a trust better than a will in Arizona? It depends on what you want to set up your estate to do. Arizona has a very aggressive probate system. What I mean by that is the system itself – The...
View ArticleWhat Are Common Questions To Ask When Preparing A Will?
What are the common questions you should ask when you’re preparing a will? Also, what are some of the common questions that I get asked when people are preparing their will? You want to know the...
View ArticleWhat Are The Basic Types Of Wills?
What are the basic types of wills? There are really only maybe two or three different types. There’s the standard typed-out will that says, “Last Will and Testament of so-and-so. I revoke all prior...
View ArticleWhat Are The Pitfalls Of A Living Trust?
What are the pitfalls of creating a living trust? We create hundreds of living trusts, and we create very few last wills and testaments by themselves. It’s almost always a part of a living trust. When...
View ArticleWhat Are The Steps In Preparing A Will?
What are the steps of creating a will? What’s the process? We almost never recommend you prepare just a will. I’m always recommending you prepare a living trust on top of it because it’s no more...
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