Free Events > Why Nearly Everyone Needs a Living Trust
Why Nearly Everyone Needs a Living Trust
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WHERE: DAVIS MILES, PLLC 80 E Rio Salado Pkwy, Suite 401, TEMPE WHEN: WEDNESDAY, September 8, 2010 6:00pm PRESENTER: ATTORNEY KEVIN WICK
Regardless of the size of your estate, if you value keeping control of the disposition of your hard-earned assets and keeping your affairs out of the public eye, a Living Trust is for you. If you consider your estate to be smaller in value, your focus may simply be upon who is to receive your assets after your death, who should be in charge of its management and distribution, and avoiding the time, expense and public nature of a probate proceeding. If you consider your estate to be larger in value, your focus should be not only who is to receive your assets and when, and the avoidance of probate, but also various ways to preserve your assets for your beneficiaries and to reduce or postpone the amount of estate tax which otherwise might be payable on your death.
In addition, if you have young children or grandchildren who are intended beneficiaries, individuals with special needs, a blended family, or other like circumstances, a Living Trust is an absolute necessity.
If you do no planning, then Arizona law provides for the court appointment of persons to take responsibility for the administration of your estate. Arizona law also provides its own set of rules for the distribution of assets if you die without an estate plan, commonly known as “intestate succession.” Contrary to popular belief, if you die without planning, everything does not automatically go to the state. Your relatives, regardless of how far removed they may be, will have priority in inheritance ahead of the state. Nonetheless, they may not be the people you would want to inherit from you. Therefore, a comprehensive estate plan centered around a Living Trust is the preferable approach. Please join us for an informative evening that will prepare you for making the best of decisions for you and your family. You cannot afford to miss this free important seminar coming up on February 10th. About the Attorney: Kevin Wick's practice areas include Estate Planning, Probate, Trust Administration, Business and Corporate Law, Contracts and Taxation. He is a graduate of Marquette University in Milwaukee, Wisconsin, where he received both is B.A. and his J.D. Mr. Wick is admitted to the U.S. District Court, Eastern District of Wisconsin as well as the Wisconsin and Arizona state Supreme Courts.
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