LLCs and trust funding

LLCs and Trust Funding

For clients with some types of assets, we frequently encounter questions about LLCs and trust funding. Should your trust be a “member” of each limited liability company, or should the LLC manager be a trustee? Do you need to change your LLC operating agreement? How do you get these interests into your trust’s name? Not…

UTMA, 529 and ABLE

UTMA, 529 and ABLE

What are UTMA, 529 and ABLE? And which is better for your situation? The difference can be confusing. How to make a gift, but not cause other problems because of the recipient’s youth, immaturity or limitations? Three common mechanisms are the topic of this podcast episode. We talk about (among other things): UTMA — the…

The lost art of codicils

The Lost Art of Codicils — Lost for a Reason

The “Lost Art” of codicils? What makes it lost? A listener asked several questions: Under Arizona law, may I make a codicil to an existing will? May I designate an executor? And leave everything to the executor? Provide instructions for the executor? In this podcast episode, we review these deceptively simple questions. It gives us…

100th Episode

Our 100th Episode!

We’re pretty pumped. We’ve been podcasting for two years now, and that means this is our 100th episode! We started in March, 2019, with an initial podcast describing the then-recent addition of a new partner (Jacque Mingle) and the then-imminent retirement of founding partner Tom Curti. Tom’s doing fine, by the way — thanks for…

Shredding your estate plan

Shredding Your Estate Plan

Do you need to keep every document you’ve ever collected in connection with your estate planning? Of course not. Let us help you with shredding your estate plan — or at least the parts you don’t need to keep around. Of course you should keep the originals of your current estate plan. But what about…