Kurt A. Goering, P.C., lawyers in Phoenix, AZ, Arizona

Healthcare Power of Attorney Formalities

There are a few technical requirements with which you must comply before a healthcare power of attorney will be considered legally valid and binding. More...

Wills - The Writing Requirement

A written will is obviously required to be in writing. What the writing requirement really means is that the medium a will is written in must be sufficiently permanent. The medium must be permanent enough to provide a reliable record of the testator's testamentary desires for the probate court.More...

Executors -- Managing the Assets

The best way to consolidate the decedent's liquid probate assets, to pay the decedent's taxes and debts, and to pay and keep track of your administrative expenses as the executor is to open a bank checking account under the title of executor of the decedent's estate.More...

Executors - Life Insurance

While the collection of life insurance proceeds payable to a named beneficiary is not technically the executor's responsibility (since the moneys paid do not constitute an asset of the estate), for tax and cash flow and control reasons, be aware of all insurance policies on the life of the decedent. If the beneficiaries are relying on the executor to handle all of the decedent's affairs, including the collection of nonprobate assets, the executor should take an active role in helping them collect the proceeds.More...

Trust Elements - Beneficiary

A trust has five main elements. First, a settlor transfers some or all of his or her property. Second, the property transferred by the settlor is designated trust property. Third, the trust property designated by the settlor is transferred with the settlor's intent that it be managed by another. Fourth, the trust property designated by the settlor is transferred for management by a trustee. Fifth, the trust property designated by the settlor is managed by a trustee for the benefit of a beneficiary.More...