What is a will?

 A will is a written document that goes into effect when you die. It nominates a person to handle your affairs post-death and it directs who should receive your property. For families with minor children, a will gives you the opportunity to choose who you want to care for your children in the event of your untimely death. 

A will:

  • specifies how you want your property to be divided and who you wish to receive your property
  • appoints permanent guardians for your minor children
  • names the person you wish to wind up your affairs (executor or personal representative)
  • can include estate tax planning
  • can include income tax planning
  • can provide asset protection for heirs/beneficiaries through testamentary trusts created during the probate process

A will does not:

  • avoid probate or the costs associated with probate
  • provide for disability or incapacity planning      
  • control for accounts and property directed to others through beneficiary designations, such as life insurance or retirement benefits

A will can be canceled or changed during your lifetime. A will may cost lost less than a trust on the outset, but it could cost more in the long run to settle your estate through the probate process.

To find out if a will is right for you, click below to schedule a free 15-minute Introductory Call, or use my online form

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At Kara Noble Law, we focus on Estate Planning and Business Law. We are here to help you protect your family and your business.

Contact Me Today

At Kara Noble Law we are committed to answering your questions about Estate Planning and Business Law in Arizona. We offer a Free 15 Minute Introductory Call and we'll gladly discuss your needs with you at your convenience. Contact us today to schedule an appointment.

Kara Noble Law PLLC
16165 N. 83rd Ave., Suite 200
Peoria, AZ 85382