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Arizona Estate Planning
Every adult who lives in Arizona should have some basic estate planning documents in place. Whether you're rich or poor, old or young, married or single, now is the time to act. An estate planning attorney can help assess your needs, make recommendations and draft these important documents.
Estate Planning Basics
When most people think of estate planning, they think of a last will and testament. And a will is an important part of most people's estate plans. But estate planning can involve so much more.
Estate planning allows you to:
- Empower someone else (called your agent or attorney-in-fact) to sign legal documents on your behalf, access your financial accounts and pay your bills. This is done through a document called a power of attorney.)
- Authorize someone else to make healthcare-related decisions for you if you're incapacitated using a document known as a healthcare power of attorney. You can also explain your end-of-life wishes in a legal document known as a living will.
- Develop strategies for reducing the federal estate taxes paid after your death. (Estate taxes in Arizona were abolished in 2005.)
- Control how your property, including money, real estate and possessions, are distributed after your death. This can be done through a last will and testament or through other tools, such as a trust. Your estate planning lawyer can help determine which is right for you.
- Name a guardian for your minor children in the event that you and their other parent die before they turn 18 years old.
Find & Hire Local Arizona Estate Planning Attorneys
If you live in Phoenix, Tucson, Mesa or elsewhere in Arizona, Attorneys.com offers a free service that can quickly connect you with local estate planning lawyers. Simply call us at 877-913-7222 or complete the form on this page. After you answer a few easy questions, we'll match you with local estate planning attorneys.