Estate Planning In Buckeye, Arizona
In Buckeye, Arizona, "estate planning" refers to the process by which a person makes arrangements related to their property after their death. It can (and should) also include personal issues that might come up immediately before and after a person's death.
The drafting of a will, which simply states what you wish to be done with your property after death, is usually one of the most important parts of an estate plan. Of course, it's rarely the only one. There are many other things you might want to include, depending on your objectives.
For instance, a reputable estate plan will include a living will, which gives your family members and healthcare professionals instructions about your medical care, to be followed in the event you become incapacitated. You should also include your funeral arrangements, and your preference with respect to organ donation.
Crucially, your plan should make arrangements for the care and custody of your children, if they are minors. Nonetheless you should initially discuss this matter with the person who you intend to take custody of your children in case something happens to you, to make sure they are willing and able to do so.
What Type of Estate Plan Do I Need in Buckeye, Arizona?
Obviously, this depends on your needs, which you will have to figure out for yourself. Some usual considerations in making this decision, however, are your health, age, and the amount of assets involved.
For instance, if you are in your 20's and unmarried, an estate plan likely does not need to be on your priorities, unless you are very ill, or independently wealthy.
Individuals who are, for various possible reasons, unwilling or unable to get married, but are in committed, lifelong relationships, are perhaps most in need of a good Buckeye, Arizona estate plan. Because couples who aren't married don't automatically get any of the legal rights (such as hospital visitation, inheritance rights, and power of attorney) that come with marriage, they have to secure these rights through other means, such as wills and power of attorney agreements.
Other groups for whom estate planning is very important in Buckeye, Arizona are people who are elderly and/or have a lot of assets. This may be the time in one's life where estate planning is most important. While it's true that the process of making an estate plan requires a person to deal directly with the reality of their own mortality, it is very important if you value the security that comes with the knowledge that your family will be provided for.
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Do I Need a Buckeye, Arizona Estate Planning Attorney?
Because estate planning in Buckeye, Arizona is not always simple, the assistance of a reputable attorney will almost certainly be useful, and worth the cost. This is doubly true because of how critical the issues involved can be, and the fact that a relatively minor mistake can sometimes derail an entire estate plan.
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Life in BuckeyeApproximately 50,876 people call Buckeye, Arizona home. Buckeye is located in Maricopa County and is a popular suburb of Phoenix.
What is great about Buckeye is that it is a small area filled with diversity! Buckeye is home to Native Americans, Asians, Blacks, Whites, Hispanics, and Latinos. Alongside the diversity is the area's well-planned structure. Buckeye has about thirty well planned communities, not including the commercial areas. Popular attractions include Douglas Rance, Sun Valley Villages, Spurlock Ranch, Southwest Ranch, and the Sundance Towne Center.
Being a part of Phoenix, Buckeye residents have prominent law firms with excellent attorneys nearby to handle their legal needs. Phoenix has law firms of all sizes, with attorneys practicing in all areas of law. Therefore, no legal inquiry can remain unattended.
Overall, Buckeye is a perfect example of a close Arizona community that enjoys the quiet desert ambiance, yet is close enough to the metropolitan area of Phoenix. All in all, Buckeye residents enjoy the best of both worlds!