In preparing revocable and irrevocable living trusts, testamentary trusts, wills, powers of attorney, and living wills, Robert Weber has assisted hundreds of families in avoiding the probate process and planning for unforeseen illnesses and incapacitating injuries. With proper planning:
- You can determine who would become the guardian of your minor children (instead of the State determining who will raise them),
- You can control how your estate will be distributed,
- You can ensure that your wishes regarding your property and decision-making will be honored in the event of your illness or death, and
- You can select the person who will administer your estate.
Estate Planning Options
Depending on your situation and planning objectives, you may benefit from estate planning options that include revocable and irrevocable living trusts, testamentary trusts, wills, asset protection, general durable powers of attorney and health care powers of attorney coupled, where appropriate, with a living will. The firm also handles matters for persons that died with or without a will.
A properly drafted living trust can avoid the time and expense of the probate process; it can also provide a means for a trustee of your choosing to take over control of the trust during your lifetime, if you desire, or if you become incapacitated. A living or testamentary trust can avoid or reduce federal estate taxes.
If you question the need for a will, please know that it is always preferable to have a will or a living trust. A person who passes away without a will is said to die “intestate”; in such a case the courts will decide how the person’s possessions will be distributed. The division of your estate without your specific instructions can cause your family pain and conflict. A will gives you control over how your estate will be divided without leaving your family guessing.
Even if you have a will, your estate must still go through probate. The most common ways of avoiding probate are to create a living trust or to reference beneficiary and/or joint tenancy designations. Due to his extensive experience as an Arizona probate attorney, the Law Offices of Robert J. Weber, P.C. can help guide you through this complicated process.