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Arizona estate planning attorney Allison L. Kierman provides the below information, updates and resources for clients. If you have any questions regarding this information, would like Allison to speak before your organization or at your office, or would like Allison to write an article for your newsletter, paper, or magazine please contact us.

March 17, 2022

What You Need to Know about S Corporations

S corporation status is one of several tax classifications that you may be able to elect for your enterprise. For C corporations and limited liability companies (LLCs) that qualify, S …

March 14, 2022

Common Trusts: Parenting Beyond the Grave

Parents strive to make their children feel equally valued as reflected in the fact that, when setting up an estate plan, parents typically divide their accounts and property equally among …

March 10, 2022

Considerations for Paying Employees: What to Know about Setting Wages and Salaries

You cannot successfully run your business without good employees. And you cannot find good employees without offering them competitive pay. Employee compensation is more than an expense—it is an investment …

March 07, 2022

Springing Financial Powers of Attorney

Estate planning is about more than preparing for the inevitable. A good estate plan should also consider the unexpected. Your plan may have detailed instructions for what happens when you …

March 03, 2022

Slayer Statutes: Preventing Killers from Profiting from Their Crimes

Most states have laws that prevent someone who has intentionally killed another individual from being able to inherit any property from their victim.[1] In general, these laws are referred to …

February 28, 2022

How Do I Start a Home-Based Business?

The number of people working from home has never been higher. During the pandemic, many workers got a taste of the remote-work future and realized that they prefer to work …

February 24, 2022

Why Is Joseph P. Kennedy Named in My Trust?

Occasionally, a person who has completed an estate plan with their lawyer may be surprised to discover a reference to Joseph P. Kennedy and his descendants buried deep within their …

February 21, 2022

Myths and Frequently Asked Questions: Standalone Retirement Trust

Myths Myth: Individual retirement accounts (IRAs) are exempt assets in bankruptcy. Fact: The federal Bankruptcy Code protects up to $1 million of assets (adjusted for inflation every three years) held …

February 17, 2022

Trust and Estate Administration: Whom Should You Bring to the Meetings?

A loved one’s passing is felt by their entire surviving family. But when it comes to carrying out the decedent’s final wishes, not everyone has an equal say. In fact, …

February 14, 2022

Questions to Ask When Hiring a Fiduciary

A comprehensive estate plan consists of several documents that accomplish three important things. First, they lay out your wishes for the handling of your money and property during life and …