Author: Leighton Tyau
On November 13, 2024 in Uncategorized by Leighton Tyau
What Is a Grantor Retained Annuity Trust (GRAT)?
A grantor retained annuity trust, or GRAT is a specialized estate planning tool that allows individuals, especially those with ultra-high net worth, to transfer wealth to beneficiaries while avoiding estate tax and gift tax liabilities. Through a GRAT, assets are transferred into a vocable trust where the grantor receives annuity payments over a specified term […]
On November 5, 2024 in Uncategorized by Leighton Tyau
Will Contests: Understanding Your Rights and the Legal Process
If you believe your status as a beneficiary has been violated, consulting an experienced estate and probate attorney is essential. Contesting a will is a complex legal process requiring probate litigation. Here, we’ll explore what it means to contest a will, the process for doing so, and who is eligible to file a contest in […]
On October 21, 2024 in Estate Planning by Leighton Tyau
Phoenix Living Wills and Advance Directives Attorney
A living will or advance directive allows your loved ones to follow your healthcare wishes at the end of your life. These tools relieve your family of making difficult decisions during an emotional time, as they will already know how to proceed. At Copper State Planning, we assist you in crafting a living will that […]
On October 21, 2024 in Estate Planning by Leighton Tyau
Generation-Skipping Trusts: A Comprehensive Guide
Estate Planning is the process of creating a strategic plan that outlines how a person’s assets will be distributed after their death. These assets collectively form the individual’s estate. The ultimate distribution may be held in one of many various types of trusts. One such estate planning tool for high-net-worth individuals is the generation-skipping trust. […]