Peoria Arizona Estate Planning Attorney
Peoria, is located in the northwest part of the Greater Phoenix area within Maricopa County. Original residents came to farm in Arizona from Peoria, Illinois - hence the name. But life in Peoria is no longer a rural farming community. According to the 2010 Census the population has grown to 154,065 making it the ninth largest city in the state. In addition, Peoria has the fourth largest land area in Arizona making it the perfect site for master-planned communities that incorporate golf, parks, dining, libraries, recreation and different neighborhoods for varying lifestyles.
What you Need to Know About Estate Planning
Most people tend to avoid thinking about their demise and how life will go on after their death. But assets and descendants do survive the deceased. The good news is security can be found in creating a simple estate plan. Estate Planning incorporates some of the most personal information belonging to any individual. That's why choosing the right attorney is a must! The Peoria Estate Planning Lawyers at Platt & Westby, P.C., combine their nearly 40 years of experience to work caring and discreetly with people to formulate a plan to fit their individual needs.
Estate planning generally is to ensure your financial goals are met when you are gone. It is important to have a basic plan in place no matter your net worth. What is termed "Estate Planning" has several parts including: a will, a trust (if your assets require one), assignment of a power of attorney, and a living will or medical power of attorney.
Remember, the golden rule is everyone needs a will. Dying without a will, or "intestate" leaves you no control over the distribution of your assets and is very costly to your heirs. A will also names the guardian of young children. In addition, depending on your personalized estate plan, a trust may be a good mechanism to protect your assets from creditors and lawsuits while placing conditions on the distribution of your assets. Informing your family and other heirs is also important so there is no confusion upon your death. A good estate plan protects you, your assets and your beneficiaries. Let our experienced and skilled Attorneys analyze your personal financial needs and formulate a plan best suited for you.
Platt & Westby, P.C. is located in the heart of Phoenix at the corner of 7th Avenue and Thomas Road. Also available are convenient Glendale location for all our Peoria clientele just off 51st Avenue and the 101. Call today for a free and confidential appointment to discuss your future plans.