Posts Tagged ‘will’
Title Passes to the Widow
Question: My husband and I purchased our home in Phoenix 12 years ago as community property with right of survivorship. My husband recently died. The home has increased in value to $186,000, and I am worried about paying taxes. Should I have the title transferred to my name only? I am in my late…
Read MoreUnmarried Couple Share Ownership
Question: We are two single men in a committed relationship who want to buy a home. If one of us dies, we want the other one to own the home. In other words, we do not want either of our families to have any interest in the home until both of us die, and then…
Read MorePet Trusts – Is Your Pet Protected?
Arizona has two statutes that deal with trusts for animals: ARS §14-10408 and ARS §14-2907. In Arizona, a pet owner can provide for the care of their pet through a will. A will provision as simple as “I leave $5,000.00 for the care of my cat, Izzy” is enough to create a trust for the care of a…
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