Looking for Estate Planning or Elder Law?
Please visit our specialized website at: http://tucsonestateplanning.com
Elder Law and Estate Planning Tucson
Tucson Estate Planning
Estate planning Tucson is not for the wealthy alone, and does not deal merely with the transfer of financial wealth. In addition, it encompasses retirement, business succession, charitable giving, medical, disability, legacy, and gift planning. Unfortunately, many people fail to perform estate planning, with the result that their loved ones suffer emotional and financial hardship that could have been avoided. Others perform Tucson estate planning, but fail to recognize that without proper care and maintenance, their plan will not accomplish the objectives they Ronald Zack PLC is a Tucson Law Firm focusing estate planning and elder law. At Ronald Zack PLC, we are committed to helping our clients create estate plans that work through our innovative three step process.
Tucson Elder Law Firm
Tucson elder law involves any of the numerous legal issues confronting elderly and vulnerable adults. These include planning for disability, ALTCS planning, longterm care planning, guardianship, conservatorship, elder abuse, health care directives and fiduciary issues. Tucson elder law attorney, Ronald Zack, will assist you with any of these critical issues.
Probate Administration
Probate administration of a deceased person’s estate is typically required when the person dies with a will-based estate plan, or dies without a plan at all. It is a court-based process, the goal of which is to ensure that the deceased person’s creditors are protected and the remaining assets are distributed to beneficiaries or heirs in the manner dictated by law.
We work closely with the Personal Representative (Executor) of the deceased person’s estate to ensure that the administration is handled as efficiently as possible. In addition, we are trained and experienced in facilitating the resolution of family conflicts that sometimes arise during probate administration. We do our best to ensure that the deceased person’s wishes are followed, and that the family and/or beneficiaries are relieved of the burden of worrying about administrative issues.
Trust Administration
One of our goals is to assist our clients in the creation and maintenance of an estate plan that will avoid the need for probate. A living trust-based estate plan, if properly established, maintained, and “funded,” avoids probate because assets are held in the trust, not in the deceased person’s name. The trust provides for administration of the estate privately, without the need for probate.
Trusts are not, however, self-administering documents. Work must be performed to ensure that the trust assets are properly managed and transferred. Trust administration involves identifying and managing the assets, paying the bills, taxes, if any, and administrative expenses, and distributing or maintaining and managing the assets as instructed in the trust, and is best performed by a Tucson law firm. We believe that trustees should be educated as to their duties prior to their service. For that reason, we offer training workshops to our clients and the trustees that they name to administer their trusts after their disability or death. Upon disability or death, we assist the trustee in administering the estate and ensuring that all of their duties are properly performed.
Looking for Estate Planning or Elder Law?
Please visit our specialized website at: http://tucsonestateplanning.com
Estate Planning Tucson | Tucson Estate Planning | Tucson Elder Law | Tucson Law Firm