Reasons why Arizonans should make estate planning a priority this year

Do not put off setting up an estate plan no matter your age or level of financial assets.

2014-04-12

April 12, 2014 (Press-News.org) Reasons why Arizonans should make estate planning a priority this year

Article provided by Clark Law Offices
Visit us at http://www.clarklawaz.com

Many people think that they only need a lawyer when they are dealing with a problem. Most know to consult an attorney when they are facing a divorce or a bankruptcy, have been in an automobile accident or need to incorporate a business. However, one of the most important legal issues facing people in Arizona is often put off until a later date.

Unfortunately, that later date comes along much faster than most people expect. A sudden illness or serious accident can leave families in a bad situation if a loved one has not put his or her affairs in order ahead of time.

Estate planning -- the process of putting together a will, trust, healthcare directive and powers of attorney -- is not just for the rich and famous, elderly or parents with young children. People from all walks of life can provide a great benefit to their families and loved ones by establishing estate plans. Following are some commonsense reasons:
-Avoid confusion and pain: After a death, family and friends will be mourning the loss of their loved one. By setting out your wishes for the distribution of your assets -- even small personal items -- you can help make a very trying time less difficult for them.

-Appoint guardians: Should you and the other parent of your children both pass away, who will take custody of the kids and who will make financial decisions on their behalf? Failure to create an estate plan and appoint guardians may mean they end up living with the last person or people you wanted to raise them.

-Decide who makes your decisions: If you are seriously injured and unable to make your own medical or financial decisions, your estate plan documents can layout your desires and appoint someone to carry them out for you.

-Do not delay: Because disaster may strike at any age, committing your wishes to writing will help ensure that your minor children -- or an adult relative with special needs -- are provided for.

Consult a lawyer

If you do not have an estate plan or have not recently reviewed and updated your estate planning documents, consult an experienced estate planning attorney. A lawyer knowledgeable about the intricacies of remarriage, blended families, guardianships for loved ones with special needs and the probate process can help you set up a plan that not only ensures that your wishes will be followed but also that your family will have less to deal with at a time of loss.

ELSE PRESS RELEASES FROM THIS DATE:

Conversations divorcing parents should have with their children

2014-04-12

Conversations divorcing parents should have with their children When couples are involved in the divorce process, it is sometimes easy to lose sight of the ways in which their decisions affect others. In many cases, the people who are most affected by a couple's decision to divorce are their children. Even though it can be difficult, parents should take time to have some essential conversations with their children about the dissolution of their parents' marriage. First, most children's natural response to hearing that their parents are divorcing is to think that it ...

How the Affordable Care Act could impact divorce cases

2014-04-12

How the Affordable Care Act could impact divorce cases Couples in unhappy marriages may have an easier time divorcing The Affordable Care Act has been in the news quite a bit recently, but one aspect of this new healthcare law that often gets overlooked is what effect it will have on couples seeking a divorce. According to The Philadelphia Inquirer, the ACA could end up making divorces easier for some people who would otherwise feel pressured to remain married in order to hold on to their current health insurance. Employer-provided coverage During a divorce, ...

2 Ohio hospitals among safest in US, according to new report

2014-04-12

2 Ohio hospitals among safest in US, according to new report Article provided by Shea, Coffey & Hartmann Visit us at http://www.shea-associates.com When patients are admitted to the hospital, they must rely on the physicians and other medical professionals to provide the best possible care. Of course, the quality of care varies, depending in part on the facility in which the patient is being treated. Recently, Consumer Reports released a study providing some guidance to patients regarding the safest and least safe hospitals in the United States. In total, ...

The danger of impaired driving on Colorado's roadways

2014-04-12

The danger of impaired driving on Colorado's roadways Article provided by VanMeveren Law Group PC Visit us at http://www.vanmeverenlaw.com/ As individuals over the age of 21 are now allowed to purchase small quantities of marijuana in Colorado, the issue of impaired driving has become prominent. Many people do not understand that operating a vehicle while under the influence of marijuana can have serious consequences. In fact, some motorists have reported that they believe marijuana actually enhances their driving skills. Statistics show, however, that operating ...

Study shows many Americans unable to retire until age 80

2014-04-12

Study shows many Americans unable to retire until age 80 Article provided by Warren Luccitti, Esq. Visit us at http://www.warrenluccittiesq.com Years ago, Americans were able to confidentially retire by the age of 65. Many could leave their jobs with a comfortable nest egg and even a pension to get them through their retirement years. Today, the landscape is quite different. In fact, a new study conducted by Harris Interactive, a global market research firm, shows that many Americans today say they won't be able to retire until age 80. And 37 percent of Americans ...

Child custody and dissolution of unmarried relationships

2014-04-12

Child custody and dissolution of unmarried relationships Article provided by Parker and LaDuke Visit us at http://www.parkerandladuke.com The status of same-sex relationships in the United States has been a topic of much discussion and debate socially and in the law. The U.S. Supreme Court recently addressed the issue, with two separate decisions on questions of same-sex marriage coming down in 2013. These relationships, along with other relationships between non-married people, can have implications for child custody. An individual who is in a non-married romantic ...

South Carolina bill would permit new marijuana-based epilepsy treatment

2014-04-12

South Carolina bill would permit new marijuana-based epilepsy treatment Article provided by Aaron & Aaron Visit us at http://www.aaronlawyer.com Recently, a piece legislation that would allow epileptic patients to control their seizures by using an oil derived from marijuana passed the South Carolina House by an overwhelming vote of 90-24. While this particular bill does not go as far as to legalize marijuana use itself for medical purposes - something several other states have already done - it is an important first step for those in South Carolina suffering ...

Alaskan Dram Shop laws: Holding bars liable for drunk driving accidents

2014-04-12

Alaskan Dram Shop laws: Holding bars liable for drunk driving accidents Article provided by Libbey Law Offices, LLC Visit us at http://www.libbeylaw.com While it is common knowledge that drunk driving in Alaska is both illegal and dangerous, many people injured in drunk driving accidents may not be fully aware of all the remedies available to them. For instance, even though it is typically self-evident that drunk driving victims may be able to hold the intoxicated drivers themselves liable for any injuries, many victims may not know that the bars and taverns that ...

Court battle over New York's "dangerous driver" status continues

2014-04-12

Court battle over New York's "dangerous driver" status continues Article provided by Adler & Karliner Visit us at http://www.adlerandkarliner.com New York's Department of Motor Vehicles (DMV) is facing courtroom battles over a regulation put in place in 2012. The DMV is arguing that it has the power to enact a licensing requirement designed to keep driver's licenses out of the hands of "persistently dangerous drivers." Those who fall within this classification will never be able to receive a driver's license in New York. The requirement allows the DMV to deny ...

New NHTSA rule to require rearview cameras by 2018

2014-04-12

New NHTSA rule to require rearview cameras by 2018 Article provided by The Law Firm of Leisawitz Heller Visit us at http://www.berkscountyaccidentlawyers.com The National Highway Traffic Safety Administration recently announced a final rule requiring all new cars sold in the U.S. to be equipped with rearview technology. This new rule, which goes into effect on May 1, 2018, is intended to prevent car accident injuries that occur due to drivers being unable to see what is behind them. The new rule requires that all new passenger vehicles that weigh less than 10,000 ...

LAST 30 PRESS RELEASES:

UK Capital's ULEZ quickly cut air pollution —high vehicle compliance may have left little room for further gains after expansion

Successful ground-to-satellite laser communications applying next-generation error correction codes, mitigating atmospheric turbulence

The Lancet: Antidepressants vary widely in their physical side effects, highlighting the need for personalised prescribing, says major meta-analysis

Scientists discover clean and green way to recycle Teflon®

‘Messy’ galaxies in the early universe struggled to settle

[Press-News.org] Reasons why Arizonans should make estate planning a priority this year
Do not put off setting up an estate plan no matter your age or level of financial assets.