ANDERSEN PLLC Andersen PLLCAttorneys

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June 2018 Archives

More people than the rich need an estate plan

Everyone needs to have a will. However, when it comes to developing a full estate plan, many people in Arizona assume it is something solely for the extremely rich. Although people may not have a lot in terms of assets, they still need a detailed estate plan that goes over numerous aspects of their financial situation and health. 

Protecting estates against lawsuits

Arizona estates may be vulnerable to litigation and insolvency, not only after a person's dies, but also during their lifetime. While traditional estate planning can set forth how wealth can be passed on to heirs, it cannot protect assets that are lost in a devastating lawsuit. Comprehensive and effective planning, however, can provide wealth protection and preserve property for a person's heirs.

Estates should not ignore important digital assets

Clearly, estate planning must enter the digital age now that at least 77 percent of all Americans go online daily and handle their personal and financial matters online. An estate plan should now include digital assets and other personal property stored electronically, according to a financial expert.

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