Posts Tagged ‘estate planning’
What to do when property ownership gets messy
Question: Seven years ago, my mother added me and my two sisters to the deed to her Cave Creek home. My mother passed away earlier this year. My one sister has been staying with my mother for the last three years, and she wants to continue to stay in the home. My other sister lives…
Read MoreIs a Mexican Will Legally Binding in Arizona?
Question: We have a tile business with sales handled through our Peoria office, and manufacturing of tiles in Hermosillo, Mexico. For the past 20 years my husband has spent much of his time in Mexico. Three months ago, my husband was killed in a car accident on his way back to Arizona. My husband and I…
Read MoreBeneficiary Deed Can Only be Used by a Natural Person
Question: My mother is the trustee of her revocable living trust (“RLT”), with me as the sole beneficiary. The only asset in the RLT is my mother’s Sun City home. My mother wants to simplify things and record a beneficiary deed to me for her home, which beneficiary deed will not be effective until her…
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