It’s hard to plan for the unimaginable, but deciding on a guardian for your children is a requirement — for their benefit and for your own serenity. It’s difficult to think of someone other than you raising your children, but when something were to happen to you and your partner, you’d want to guarantee your…
Conventionally, the method of planning for the transferring of assets to your loved ones following your passing is called estate planning. As you draw clos this method, you may also hear other language: Legacy planning. Each of them is, in many ways similar, with many financial professionals using the term as a “re-branding” of the…
Learn more about if mediation is right for your divorce case. Separations usually bring up feelings of anger and bitterness, but emotional conflicts tends to make divorce more costly. If each of you want to avoid going to court, discovery, blame game, and an expensive trial, you could benefit from divorce mediation. Keep reading to…
Gray divorce rates (couples getting divorced following age 50) have doubled over the past twenty-five years. Statistics show that one out of every four people getting divorced is aged 50 years or older. But what is the reasoning the divorce rates are so high for married people over the age of 50? Below you are…
Divorces are notorious for being challenging in dealing with, for each of the spouses and their families. The spouses need to make important decisions about proceeding with the divorce, and whom to get assistance from. These choices are critical, as they are going to impact their plans for the future. As reported by government sources,…
It all depends on your situation if mediation, or collaborative divorce will be the best decision. In which way to use is subject to the distinct circumstances involving your case, your individual preference, and the access to knowledgeable mediators or collaborative lawyers. Below are factors that could influence your choice. The primary factors of mediation…
Estate planning is the methodical approach of getting your personal and financial matters if you become mentally debilitated or pass away. The primary legal document required to plan for your passing is a Last Will and Testament, in which comprises of a written arrangement of guidelines to your loved ones as how you wish your…
It is commonly understood that when couples get divorced, they are most likely changing their estate plan to reflect the divorce, in addition to accommodating new spouses or children. Regardless, in Arizona, spouses have the choice of a legal separation, in which retain some inheritance rights for the living spouse, in addition to any fiduciary…
