Tempe Arizona Estate Planning Attorney
Tempe, located within Maricopa County, is home to Arizona State University and has a median age of 25 according to the 2010 Census. Tempe Town Lakes offers fishing and boating in an urban setting and was created as a part of the Rio Salado Project. Mill Avenue is another Tempe attraction being one of the most interesting streets to meander its restaurants, bars, shopping, and enjoy its many annual festivals.
What you Need to Know About Estate Planning
Estate planning is usually avoided by most people because it causes one to think about that difficult question of, “What will happen when I die?” A sense of relief can be found in developing and having in place a simple estate plan. The process involves some of the most sensitive and personal information and that is why choosing the right attorney is a must! The Tempe Estate Planning Lawyers at Platt & Westby, P.C., with their 40 years of experience, work discretely and careingly with individuals to formulate a plan fitting their individual needs.
Generally, estate planning ensures your families’ financial goals are met after you pass away. No matter what assets you have it is important to have a basic plan in place. Several parts go into “Estate Planning:, they include: a will, a trust (if your assets require one), assignment of a power of attorney, a living will or medical power of attorney.
The golden rule is everybody needs a will. A will puts the world on notice when you die as to what your individual wishes are for your assets. Dying intestate, or without a will, leaves you without control over the distribution of your assets. It also becomes quite costly to your heirs. A will is also where you name guardians for your children. In addition, a trust may be a good mechanism to protect your assets from creditors and lawsuits while placing conditions on the distribution of your assets. Lastly, discussing your estate plans with your descendants is a must 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 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 valley locations in Goodyear, Glendale and Gilbert as well. Call today for a free and confidential appointment to discuss your future plans.