Welcome to the Rilus Law Blog!
One of our core values is empowerment and education is a key component of that. Because we are passionate about estate planning, we provide many free resources to empower our community. Explore the blog to gain a deeper understanding of estate planning, or feel free to reach out to us with questions. You could get all your questions answered in a free one-hour meeting with an experienced estate planning and probate attorney.
Explore all of our posts below, or search for a specific topic here.
Stop! Living Without an Estate Plan.
Are you or anyone you know living WITHOUT an estate plan? We see the consequences of procrastinating on your estate plan daily in our law firm. We won’t get into the sad stories, so let’s just say it’s not fun when we can’t help someone when their loved one has passed without even a Will.
Who Should Be My Beneficiary?
When it comes to writing your Will, arguably the most critical aspect is naming your beneficiaries. These are the people or organizations who will get your assets in the event of your death.
10 Questions to Ask an Attorney About Living Trusts
Creating a living trust is an essential part of the estate planning process. It allows you to put your assets into a trust during your lifetime, making for the easy and efficient transfer of assets after you’ve passed.
10 Tips for Successful Estate Planning
If you want to have a successful estate planning process, you need to start the work early. Estate planning isn’t just for millionaires and the elderly. Estate planning is for everyone!
10 Estate Planning Mistakes to Avoid
If you want to start preparing for your future, make sure you know what common estate planning mistakes to avoid. Working with an experienced estate planning law firm that you trust is key, but there are other steps you should take as well.
Business Interests Must Be Included in Your Estate Plan
Many people today are operating a business. Some simply own rental property under their name, others work full time for themselves.
10 Essential Estate Planning Tips Everyone Should Know
There are estate planning tips everyone should know to prepare for the future and protect what they’ve worked so hard to build. It can be easy to put off these decisions for as long as possible because they’re difficult and even uncomfortable.
At What Age Should You Start Estate Planning?
If you’re like most people, you probably think that estate planning isn’t an urgent matter. Countless people continuously procrastinate on this task, and, for some, the unthinkable happens before they can complete it.
Essential Estate Planning for New Parents
When you’re a new parent, there are a million things to think of and plan for and you are constantly preoccupied with your baby’s health and wellbeing. Chances are, completing your essential estate planning for new parents isn’t on your mind.
Would You Benefit from Asset Protection Planning?
Estate planning is a way to transfer your assets to your heirs on your death. There are many ways to make sure that your wishes are carried out after you die, usually in the form of a will or trust.
The Top Three Benefits of a Living Trust
Living trusts are a valuable estate planning tool with tremendous benefits for both the trustor (the person who sets up the trust) and the beneficiaries (those who will eventually receive the property that is placed inside the living trust). Living trusts are not particularly expensive or complicated for an experienced Arizona estate planning attorney, like the attorneys of Dana and Associates, to set up.
What is the Most Common Type of Trust?
What is the most common type of trust? There are several options to choose from, so how do you know which one is the right fit for you?
Trusts 101
Why do you need to know about Trusts 101? Well, a friend of mine recently retired and is living comfortably in the home she and her husband paid off a few years ago.
Why Do I Need a Trust?
“Why do I need a trust?” It’s a valid question, and one we hear rather frequently at our probate and estate planning law firm.
How to Properly Share Financial Information with Your Successor Trustee
When I first started working in this industry over 17 years ago as a law clerk, I quickly became aware of a problem that many people encounter after the loss of a loved one. How does a successor trustee determine what assets are owned by the deceased?
Why You Need Both a Will and a Trust
One of the biggest estate planning myths that we hear all the time in our office is that a last will and testament and a revocable trust are interchangeable. The main difference between a trust and a last will and testament is how your assets are retitled after you pass away.
What is a Fiduciary?
Fiduciary, fiduciary duty, breach of fiduciary duty; what do these terms mean? You may have heard the word or phrase used.
What is Guardianship and Conservatorship?
A few weeks ago, a woman called our office in a panic asking if she could set up power of attorney documents to manage her mother’s finances. Her mother was just placed into an assisted living facility due to advanced Alzheimer’s
What Happens to a Trust After the Last Trustor Passes Away?
We are often asked: “What needs to be done after I pass away, and is this something my children can do themselves? Do they need to hire a lawyer after I am gone?”
How to Choose a Successor Trustee
When families come in to meet with me for their free Personal Family Legal Session, one of the important things we discuss is how to choose a successor trustee, which is the person(s) or company that will administer the plan after the death or incapacity of the trust creator. Every family has a unique set of needs when passing on their legacy, and choosing the right successor trustee is an important part of your legal plan.
Still Have Questions or Not Sure Where to Begin?
Contact us today to schedule your free one-hour meeting with an attorney to assess your estate planning needs.