An estate attorney Phoenix offers can perform a number of tasks to help you make plans for your progeny, spouse, or other friends and relatives. An estate attorney phoenix can provide is also sometimes called an estate planning attorney Phoenix area maintains. This term and trust attorney phoenix residents (and people in other locations) use interchangeably to mean estate attorney. The functions of an estate attorney are diverse, but their focus is consistently to legally prepare the distribution and care of your belongings, investments, and other assets in the event of your death.
An estate attorney phoenix residents contract will inventory your investment, accounts, illiquid assets, and other belongings so that you can distribute them as you wish in your will. You can decide who will inherit your house, the heirlooms you have, your jewelry and other valuables, and more. While the legality of a will does not depend on the presence or activity of a lawyer in its drafting, an estate attorney can make the job a little easier for you and inform you of the legality and procedures after you pass away. It also makes the posthumous implementation of your will less bureaucratic. Wills, to be legal, need only the signatures of two witnesses, neither of whom can receive any inheritance from the will.
Along with wills, an estate attorney Phoenix offers its residents can also help you to set up trust funds and other conditional inheritances for your progeny. Whether it is a trust fund that will be passed to your grandchild at a certain age, a conditional account that requires the money to be used for education, the purchase of a house, or what have you, or an account that will be bequeathed upon a certain life even, such as marriage or childbirth, an estate attorney can inform you of the procedures and deal with the paperwork for setting these up as well.