Phoenix Trusts & Estates
Estate planning is the organized preparation of your financial assets, personal property, and real estate for management during your lifetime (whether in good health or under a disability) and disposition upon death.
The estate planning division at Galbut and Galbut, P.C. follows the “Education First, Decisions and Planning Second” model. The planning stage often includes concepts such as:
- Estate tax minimization/elimination;
- Contingent trusts for children;
- Asset protection strategies;
- Gifting strategies; and
- Vacation property (second residence) planning.
Estate planning documents are frequently as simple as a joint revocable trust and a will. When the situation is more complex, however, proper preparation and planning can include additional components such as:
- A series of irrevocable trusts;
- Family limited liability companies;
- Medical directives;
- Powers of attorney; and/or
- Vacation property trusts.
Each of these strategies are designed to avoid probate, manage assets during periods of disability, and minimize estate taxes, all while protecting your assets from unreasonable creditors.
Every family and situation is unique. Our estate planning attorneys craft each estate plan with precision and individualized attention in order to achieve results that help you realize your life goals in a cost-effective manner.
Contact our Phoenix estate planning lawyers for help implementing a plan for the protection of your assets and your family.