Wednesday, September 12, 2007

Family Planning: Looking After Their Financial Future


Morris, Hall & Kinghorn, an Arizona law firm, offers free consultations with a view to getting people started on an estate plan that will help them avoid the inconvenient and costly process of probate.

MHK belongs to an association that is concerned with issues reacted to the ever increasing population of elderly people. The National Academy of Elder Law Attorneys, Inc. was started in 1987. Providing retirement planning is one of things that these lawyers are really good at. Dan R. Morris co-wrote a book called A Will is Not Enough in Arizona.

Many people, including myself have put of estate planning with the age old excuse 'It doesn't really matter yet since I don't have much to leave anyone.'

But we owe it to our families to have a legal plan that will prevent the expensive headache that can result if we leave this earth without having first drawn up a legal document. In the US, and in Arizona in particular, protecting your family's future goes beyond just having a basic will. Revocable living trusts are a step that Morris, Hall & Kinghorn recommends and assists with. Federal law regading living trusts changed on January 13, 2004. If your estate planning hasn't been reviewed since that time, you may not be prepared in a way that is best for the future of your family.

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