Estate Planning

/Estate Planning

October 2018 Trust and Probate Administration

October was the month of trust and estate administration. DeAngelis Legal assisted several different families with the administration of irrevocable trusts in Scottsdale, the filing of a formal probate of a copy of a will in Maricopa County and in informal probate of a murder victim’s intestate estate in Mohave County.

By | 2018-11-18T15:15:58+00:00 November 15th, 2018|Recent Projects, Probate and Trust Administration|Comments Off on October 2018 Trust and Probate Administration

Legal Implications of Community Property in Arizona

Legal Implications of Community Property While love may be in the air in the spring, October is the most popular month to get married.  With the excitement of the engagement and all the planning for the wedding, travel and gifts, few couples spend the time to reflect on how their financial rights and obligations will [...]

By | 2018-10-23T13:59:39+00:00 October 20th, 2018|Past Newsletters, Estate Planning, Protecting Family Wealth|Comments Off on Legal Implications of Community Property in Arizona

July 2018 Estate Plan Update

Estate Planning Update July, 2018 2018 Annual Gift Tax Exemption: increased to $15,000 (from $14,000) per donor, per donee. 2018 Gift and Estate Tax Exemption: $11,180,000 per donor through 2025, see below. Marital Deduction for Transfers to U.S. Spouse: unlimited. 2018 Generation Skipping Tax Exemption: $11,180,000 per donor through 2025, see below. Top rate for [...]

By | 2018-08-11T16:23:59+00:00 July 15th, 2018|Annual Estate Plan Updates, Past Newsletters|Comments Off on July 2018 Estate Plan Update

June 2018 Trust Administration

Represented trustees with administration of a multi-million dollar trust. Trustees desired to protect beneficiaries and provide for continued management of the trust's assets.  DeAngelis Legal worked with the trustees, beneficiaries and successor co-trustees, including adding a corporate trustee, to resolve the issues and document the transition and ongoing management plan.  The plan included decanting the terms of [...]

By | 2018-07-19T18:13:37+00:00 July 15th, 2018|Recent Projects, Probate and Trust Administration, Homepage|Comments Off on June 2018 Trust Administration

May 2018 Sophisticated Estate Planning

May 2018 Sophisticated Estate Planning Represented Canadian citizens, but permanent residents of the United States, with the review, preparation and implementation of a comprehensive trust.  Couple relocated to the United States after selling their business.  They have two adult children and a large estate.  Working with a large financial institution, DeAngelis Legal led the process [...]

By | 2018-05-13T15:40:56+00:00 June 15th, 2018|Recent Projects, Estate Planning|Comments Off on May 2018 Sophisticated Estate Planning

April 2018 Termination of Irrevocable Trust and Estate Plan Update

Represented couple with the termination of an irrevocable trust, re-assignment of a life insurance policy and overhaul of their estate plan documents.  Over the last thirty years the couple accumulated a hodgepodge of entities and trusts.  DeAngelis reviewed the documents, proposed and implemented a re-organization of their estate plan, including the termination of an irrevocable [...]

By | 2018-05-15T18:30:47+00:00 May 15th, 2018|Recent Projects, Probate and Trust Administration|Comments Off on April 2018 Termination of Irrevocable Trust and Estate Plan Update

Types of Insurance Coverage

Types of Insurance There are may different types of insurance coverage  Life insurance is usually your primary defense and has the two-pronged effect of protecting your family’s assets from being depleted or lost and providing liquidity. This post lists the various types of insurance for you to consider and briefly introduces some of their [...]

By | 2018-08-11T16:25:52+00:00 April 25th, 2018|Past Newsletters, Estate Planning, Protecting Family Wealth|Comments Off on Types of Insurance Coverage

Legal Structure

 Legal Structure The proper titling of assets combined with entities and irrevocable trusts can significantly enhance the protection of your assets and your family’s wealth.  This does not mean that everyone needs a complex pre-packaged structure of entities and trusts.  In fact, we spend a significant amount of time unwinding these complex structures because [...]

By | 2018-08-11T16:26:35+00:00 April 15th, 2018|Past Newsletters, Estate Planning, Protecting Family Wealth|Comments Off on Legal Structure

March 2018 Business and Complex Estate Plan Review

Represented couple with a comprehensive review of their general business and complex estate plan documents.  Husband and wife had 12 entities, 3 irrevocable trusts and a revocable trust.  DeAngelis Legal analyzed the structure and documents and provided a comprehensive summary of their business and estate plan with recommendations to enhance the effectiveness and efficiency of [...]

By | 2018-05-15T18:31:38+00:00 April 15th, 2018|Federal Estate Tax, Recent Projects, Estate Planning, Business Services, Homepage|Comments Off on March 2018 Business and Complex Estate Plan Review