Are you a new parent or parents without an estate plan? This applies to you! From that special moment you find out you are going to be a parent, there are decisions you have to make to prepare for the arrival of your child. It’s understandable that, in the midst of all of those choices,…
For anyone considering estate planning, we offer several documents to accomplish common goals of the estate. The information below provides explanations of each of our estate planning documents. For a free consultation about these documents and other common estate planning tools, contact us at (623)551-9366. WILL: AKA “Last Will and Testament.” The will or simple…
In this day and age, our bodies are at times outliving our minds. All too often we hear of clients who have loved ones suffering from dementia, Alzheimer’s disease, and a host of other mental illnesses that occur late in life. When loved ones suffer from these problems, it is hard for family members to…
Many people feel they need a trust for their assets in today’s world, when, in reality, a simple will may be sufficient and much more cost-effective. This guide provides the most common reasons a person should consider a trust and pour-over will instead of a simple will. 1 You Have Substantial Assets There is currently…
At the Carroll Law Firm, we help clients plan their estate by preparing documents including Simple Wills, Durable General Powers of Attorney (AKA Business Powers of Attorney), Healthcare Power of Attorney, Living Wills, Beneficiary Deeds and even Trusts. Every time you move to a new state, you should prepare a new will. Each state has…
In today’s world, what age is considered “elderly’? A person’s real age continues to climb as people live longer, life styles have more options, and new opportunities for both work and recreation come along. The stereotype of the elderly with white hair, staying at home, becoming easily confused, and having trouble getting around may not…
On December 17, 2010, President Obama signed “The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act which significantly altered the rules concerning federal estate taxes, gift taxes and generation-skipping transfer taxes for the 2010 through 2012 tax years. Once again the polarized Congress was incapable of reaching a bipartisan long term solution and instead…
During this time of heightened concerns over COVID-19, The Carroll Law Firm, PLC is open and can provide telephonic appointments for many types of consultations.