trusts

Why is Beneficiary Deed Necessary for Proper Estate Planning?

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Every person who owns real estate should have an Arizona estate planning lawyer prepare a beneficiary deed that automatically conveys real estate to an owner’s beneficiaries upon the owner’s death. This is important because a will does not have to be probated with respect to valuable real estate that is automatically conveyed to a person’s heirs via a beneficiary deed.

Pros and Cons of Arizona Wills and Arizona Trusts

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An Arizona estate planning lawyer can explain the pros and cons of wills and trusts. A person must consider legal costs, probate expenses, tax consequences and other methods of transferring property. Arizona estate planning is crucial to making these very important decisions.