Estate planning with blended families

Estate Planning With Blended Families

We often consult with blended families about their estate planning. Those families — sometimes with “yours, mine and our” kids, or disparate young-adult backgrounds — can pose special concerns for us to work through. How common are concerns? The U.S. Census Bureau reports that 1,300 new step-families are formed every day. More than half of…

Retirement benefits and community property

Retirement Benefits and Community Property

Arizona is one of the nine U.S. states operating under the principles of “community property.” The basic premise of community property: assets acquired during the period of the marriage are presumed to belong to the marital community (and thus to the spouses equally). There are lots of qualifications and exceptions, but one issue crops up…