Probate and Trust Administration

//Probate and Trust Administration

March 2019 Trust Administration

Represented successor trustee with trust administration.   DeAngelis Legal represented parents with creation of a trust that established sub-trusts for their adult children upon their deaths.  DeAngelis Legal assisted the successor trustee with negotiating and closing the sale of a large Paradise Valley residence, distributing personal property to the beneficiaries, interviewing and selecting an investment advisor, [...]

By |2019-04-23T14:10:47-07:00April 15th, 2019|Recent Projects, Probate and Trust Administration, Homepage|Comments Off on March 2019 Trust Administration

February 2019 Trust Administration

Represented Scottsdale beneficiary with the decanting of an irrevocable trust.  DeAngelis Legal previously represented beneficiary with the termination of different trust and updated his estate plan.  Beneficiary’s parents created an irrevocable trust, but the administrative provisions were inflexible.  DeAngelis Legal prepared the documents necessary to decant the trust into a trust with the same beneficiaries, [...]

By |2019-04-23T14:09:21-07:00March 15th, 2019|Recent Projects, Probate and Trust Administration, Estate Planning, Homepage|Comments Off on February 2019 Trust Administration

January 2019 Trust Administration

Represented beneficiary with respect to his interest in irrevocable trust. Beneficiary’s late spouse left her assets in trust for surviving spouse.  DeAngelis Legal analyzed trust terms, explained terms and alternatives to beneficiary and prepared the documents necessary to exercise beneficiary's rights to without amending or terminating the trust.

By |2019-03-15T19:06:55-07:00February 15th, 2019|Recent Projects, Probate and Trust Administration|Comments Off on January 2019 Trust Administration

Personal Property – Things, UTs and TUTs

“I recommend you dispose of anything that does not fall into one of three categories: currently in use, needed for a limited period of time, or must be kept indefinitely.”― Marie Kondo, “The Life-Changing Magic of Tidying Up: The Japanese Art of Decluttering and Organizing”* Ms. Kondo offers great advice in the above book for discarding [...]

By |2019-01-21T15:35:38-07:00January 21st, 2019|Past Newsletters, Probate and Trust Administration, Estate Planning|Comments Off on Personal Property – Things, UTs and TUTs

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 |2018-11-18T15:15:58-07:00November 15th, 2018|Recent Projects, Probate and Trust Administration|Comments Off on October 2018 Trust and Probate Administration

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

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 |2018-05-15T18:30:47-07:00May 15th, 2018|Recent Projects, Probate and Trust Administration|Comments Off on April 2018 Termination of Irrevocable Trust and Estate Plan Update

February 2018 Irrevocable Trust Termination and Modification

Represented three separate trustees with the administration of irrevocable trusts.  The first trustee desired to simply terminate the trust, the second desired to modify the trust terms and the third desired to change trustees.  DeAngelis Legal reviewed the terms and circumstances of each trust, provided the trustees with alternatives, prepared settlement agreements terminating or modifying [...]

By |2018-05-15T18:33:32-07:00March 15th, 2018|Recent Projects, Probate and Trust Administration, Homepage|Comments Off on February 2018 Irrevocable Trust Termination and Modification

February 2018 Trust Administration

Assisted three separate surviving spouses with the administration of their trusts.  After the death of their spouses, each of their revocable trusts became irrevocable, necessitating the allocation of assets between trusts.  DeAngelis Legal assisted each spouse to satisfy the requirements of successor trustee under Arizona law, took actions to minimize risk of future claims by [...]

By |2018-05-15T18:34:41-07:00March 15th, 2018|Recent Projects, Probate and Trust Administration|Comments Off on February 2018 Trust Administration

Pearl’s Estate Planning Tips

Meet Pearl.  Pearl joined the office last fall and has quickly changed the culture.  In addition to having a keen eye for fashion, she entertains us with her simple outlook and excitabilty.  What gets her excited?  Here are few estate planning tips that get her really going: Sign your documents.  Every day Pearl watches clients [...]

By |2018-08-20T14:55:07-07:00January 15th, 2018|Past Newsletters, Probate and Trust Administration, Estate Planning|Comments Off on Pearl’s Estate Planning Tips