Author: Leighton Tyau
On May 31, 2023 in Estate Planning by Leighton Tyau
Will vs. Revocable Trust: Which is Right for You?
Introduction In estate planning, the decision between using a will or a revocable trust is not a one-size-fits-all answer. It depends on your individual circumstances, the state you live in, and your goals. This article will delve into the advantages and disadvantages of wills and revocable trusts, and how to choose the right vehicle for […]
On May 27, 2023 in Estate Planning by Leighton Tyau
The Perils of Transfer on Death Designations and Deeds: Why They May Not Be Wise and Don’t Always Work as Intended
Introduction As an important facet of estate planning, the decision on how to transfer wealth and assets to heirs can be a complex one. Transfer on Death (TOD) designations and deeds have emerged as popular mechanisms due to their straightforward nature and their potential to avoid the rigors of the probate process. While on the […]
On April 2, 2023 in Estate Planning by Leighton Tyau
What is an Irrevocable Living Trust in Phoenix, Arizona
An irrevocable living trust is a powerful tax & estate planning tool. It can protect the assets placed in trust from future creditors, divorce, and Medicaid. It can also function as a will substitute, allowing your family members to avoid probate. But what is it? This article will tell you what an irrevocable living trust […]
On March 20, 2023 in Estate Planning by Leighton Tyau
What Is a Trust Protector and Why Should You Consider One?
A trust protector is a relatively new concept in the realm of estate planning and trusts, but is quickly gaining favor in many dynasty trust plans.