Phoenix, AZ – While death may be an unfortunate part of life that everyone must deal with, losing a family member can still be a stressful event. Unfortunately, many individuals don’t properly plan for their own passing, leaving behind a financial and organizational burden on their loved ones. The Phoenix Estate Planning Law Firm in Phoenix specializes in helping residents plan their estates, living wills, and other such documents that may ease the burden on their family members, in the event of a tragic incident. The firm urges individuals to organize their affairs and estates earlier on in life, in order to prevent hardship in the event of an untimely death.
No matter how small or expansive, everyone has an estate, and therefore everyone is in need of an estate planner. A competent and specialized law firm, such as the Phoenix Estate Planning Law Firm, can help an individual create a personalized estate plan, which will decide what becomes of their family and assets in the event of a tragedy. Decisions of this nature often include who will raise any children, management of life insurance proceeds and other assets, and who will receive the benefits of those assets. Each estate plan drafted by the firm is completely customizable to the individual in question, ensuring that all assets will be transferred to the preferred loved ones left behind in a manner that minimizes tax liability and avoids unnecessary complications and costs that are most often associated with the end of a life.
A typical estate plan will include such documents as a Last Will and Testament, Health Care Power of Attorney, a Living Will, Durable Power of Attorney, and in some cases, a Trust. All of these documents are put in place in order to ensure that there are no loose ends or impossible medical decisions to me made by the family in the event of a tragedy. The most common of these documents, a Last Will and Testament or a Trust, allows assets to be transferred to loved ones left behind without the need for a probate. This is one of the more important aspects of planning an estate, as it can ultimately save a family time, money, and lengthy court proceedings.
“As difficult as it may be, it’s important to start thinking about planning your estate as soon as possible,” explains Thomas Haines, a spokesman for the company. “It isn’t pleasant to think about, but the alternative is thinking about what might happen to you or your family in the event that you’re in some sort of accident. As much as people might like to think so, family members don’t often know what choices are right from a medical standing. And the last thing you want is for your grieving family to have to sort through your affairs after you’re gone. Estate planning gives you a kind of safety net for tragedy. Of course, you don’t want bad things to happen, but if they do, it’s nice to have a plan in order for your loved ones.
The Phoenix Estate Planning Law Firm specializes in estate planning, and urges local residents to create their own personalized estate plan sooner rather than later, in order to circumvent much of the stress and financial hardship that accompanies the loss of a loved one. The firm offers honest and upfront counsel and gladly answers any questions regarding estate planning. Each client receives a detailed plan that covers all bases, including a Living Will, Durable Power of Attorney, and a Last Will and Testament.
About the Company:
Phoenix Estate Planning Law Firm is located at 1 E Washington St #500, in Phoenix, AZ 85004.
The company can be reached via phone at (602) 900-1750, or from their website, http://phoenixestateplanninglawyer.net/phoenix
Company Name: Phoenix Estate Planning Law Firm
Contact Person: L. Phillips
Phone: (602) 900-1750
Address:1 E Washington St #500
Country: United States