In Arizona, there are five (5) main estate planning documents that comprise an estate plan. The documents are (1) a Will, (2) a Trust, (3) a Durable General Power of Attorney, (4) a Healthcare Power of Attorney and (5) a Living Will. A proper estate plan will result in paying the least amount of estate and gift taxes, avoiding probate, and implementing powers of attorney to address worst case scenarios where you are unable to make your own financial and health decisions. A well written estate plan helps bring peace of mind.

This post is meant to provide a general picture of estate planning in Arizona. It is important to note that no two estate plans are...

• The Purpose

The bankruptcy process exists for the purpose of giving individuals and in some circumstances businesses the opportunity for a “fresh start” free and clear of antecedent debt where other options have failed or are not available. As the U.S. Supreme Court stated in Local Loan Co. v. Hunt, 292 U.S. 234, 244 (1934), Bankruptcy “gives to the honest but unfortunate debtor a new opportunity in life and a clear field for future effort, unhampered by the pressure and discouragement of preexisting debt. The fresh start provided by Bankruptcy is ultimately accomplished by the bankruptcy discharge at the conclusion of the case.

• The Chapters

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