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Wills 201 – Abatement

Abatement There can sometimes be a discrepancy between what a person has or thinks they will have when they create a will, and how much they do have when they die. Medical, long-term care, and other expenses can whittle down what once seemed like a sizable fortune.  Some estates are reduced to the point of being… Continue reading Wills 201 – Abatement

Ensuring Access: Well Share Agreements

Arizona Well Share Agreements are Essential for Fair Maintenance and Management   In many rural parts of Arizona, it is not uncommon to find one or more parcels sharing a single water well and water supply system. Managing and maintaining a shared water system requires the time and attention of all of the parties involved.… Continue reading Ensuring Access: Well Share Agreements

Options for Distressed Homeowners: the Mortgage Forgiveness Debt Relief Act

Relief from mortgage debt doesn’t have to result in heavy tax burdens   In the wake of the 2007 housing market crash, Congress enacted the Mortgage Forgiveness Debt Relief Act of 2007 (the “Act”). Central to the Act was a provision that, subject to certain conditions, temporarily excluded debt forgiveness from a mortgage lender on… Continue reading Options for Distressed Homeowners: the Mortgage Forgiveness Debt Relief Act

The Advantages of Uncontested Divorce

It’s no secret that going through a divorce can be a painful, stressful and sometimes, drawn-out process. It is also one of the most difficult decisions people make over the course of their lives. However, there is a way to make the process slightly less difficult, and certainly shorter, particularly if the parties remain amicable.… Continue reading The Advantages of Uncontested Divorce

Changing Business Structures: Entity Conversion in Arizona

As businesses change, sometimes their structures should, too. For a variety of reasons, companies large and small sometimes decide to change the way they are legally structured. This structural change, also known as entity conversion, can take many different forms. For example, a limited liability company may want to convert into a privately held corporation, or… Continue reading Changing Business Structures: Entity Conversion in Arizona

Vacation Rental Agreements

Short-term Rental Properties: Innkeeper Laws and Protecting Rental Investments Welcome to peak vacation rental season! It’s a hassle, we know. We’re with you. Whether you utilize the service of a property management company, or list your property on websites like AirBnb.com or VRBO.com, the high traffic through your short-term rental property can add to the stress… Continue reading Vacation Rental Agreements

Custody Myth Debunked: Arizona as a “Mother’s State”

Are dads really at a disadvantage in Arizona custody agreements? The short answer: No.   There is a common misconception that Arizona custody agreements, whether obtained through a divorce or paternity action, always favor the maternal parent. This concept generates a concern for dads that moms do not necessarily face. Dads may fear a lengthy,… Continue reading Custody Myth Debunked: Arizona as a “Mother’s State”

Tucson Tax Lien Foreclosure

Most homeowners pay their property taxes through their monthly mortgage payments. If this is the case, the mortgage lender pays the taxes on the property to the state as they become due. However, some homeowners are responsible for paying their property taxes directly, and if they fall behind on their tax obligations, a unique investment… Continue reading Tucson Tax Lien Foreclosure

NFA Gun Trust

With pending changes to federal gun regulation coming later this year, many gun enthusiasts and collectors are inquiring about so-called NFA gun trusts. With that in mind, we created this page in order help Arizona residents better understand the subject and answer some of the most commonly asked questions. What is a NFA gun or… Continue reading NFA Gun Trust

Estate Planning 101

When people hear the term “estate planning,” they may imagine that this is a luxury reserved for wealthy individuals with lots of assets. However, many couples and individuals may benefit from some estate planning, regardless of the size and complexity of their estate. Another hang-up people commonly have is that they figure that estate planning… Continue reading Estate Planning 101

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