Category: Trusts & Estates

It can mean the life or death of your business. Let’s say you’re an entrepreneur who has created a successful business, one that clearly bears your image. But have you …

The following outlines different methods of transferring assets to minors: OUTRIGHT GIFTSA direct transfer, i.e., the transfer of assets into the minor’s name or establishing a bank account in the …

For a list of questions to ask yourself or your clients to determine the need for a business succession plan contact Jeffrey M. Manley at: jmanley@maypotenza.com or at 602.774.3505.

One area you may want to re-visit at this time is your retirement accounts, such as a 401(k) or an IRA. During the final weeks of 2019, Congress and the …

Trusts can be a useful tool in estate planning. Trusts provide the settlor (the “creator” of the trust) with added control over the distribution of his or her life’s work. …

10 Reasons You May Want to Consider Talking to an Attorney If you own a vacation house long enough, eventually you may watch a family saga of some sort – …

Sometimes parents or grandparents set up trusts to benefit children or grandchildren, but when beneficiaries have special needs, a standard trust may not fill the bill. Generally, trusts are appropriate …

The trustee is an invaluable ally for handling all matters of your trusts and estates. Given that a trustee has a fiduciary duty to act in the best interests of …

As part of estate planning Phoenix residents have the right to name someone a personal representative to their will. If you have been named someone’s personal representative, you may have …