An estate plan represents a snapshot of someone’s current life. Though we draft our estate documents to be amenable to life changes, one should still review his estate plan every year or so to see if the documents reflect his or her wishes. At our firm, the wills we draft are general, and more often…
When a person dies and leaves a Will, a legal proceeding called “Probate” is required to transfer ownership from the person who died (Decedent) to the people named in the Will (Devisees). There are two main proceedings for Probate of a will. Below are a few differences. Informal vs. Formal Probate of a Will FORMAL…
Some people hear the term, “estate planning,” and believe it does not apply to them because they only have modest assets, if any. In the legal sense, however, an estate planning consultation will include planning for not only the distribution of assets, but also the healthcare, mental healthcare, and the future well being of the…
Wills offer a number of benefits for protecting one’s interests after his or her passing. In addition to appointing a personal representative, assigning custody/guardianship for minor children, setting up testamentary trusts, and more, one of the most important benefits is deciding the distribution of assets upon one’s death. Whether you’re in a life-long relationship or…
Arizona law defines a premarital agreement (or what is commonly referred to as a “pre-nup”) as an agreement between two prospective spouses made in contemplation of marriage. Once the marriage of the parties becomes official, the premarital agreement goes into effect.
The Carroll Law Firm is not “a Bankruptcy Law Firm”, and it never was our intention or expectation that we would be filing as many Bankruptcy Petitions on behalf of so many individuals, families and businesses. In fact, in 2007 when the Arizona office was first opened, if you needed representation in a Bankruptcy Proceeding,…
The Carroll Law Firm, PLC is pleased to announce a new look and feel designed to make our website, CarrollLawFirm.com easier to navigate for our clients. Be sure to check it out! Also, please feel free to subscribe to this blog for all the latest updates regarding the Anthem Community and your legal needs. We…
During this down economy, the real estate values have declined drastically. This has caused many to find themselves in an upside- down house. This means that a home’s value is less than the mortgage owed. Unfortunately, this is causing some to walk away from their home without looking for possible solutions to their financial situation.…
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.