How To Create An Estate Plan In Chandler, AZ

If you are married, have children, or are dependent on someone married, you may need an estate plan. An estate plan is a legal document that outlines your wishes for your possessions and money after you die.

There are several things to consider when creating an estate plan: who will inherit your property, how much property you want to leave, who will make decisions on your behalf if you can't make them yourself, and when you want to die. You can ask your friends and family, if you're looking to hire a top-rated estate planning attorneys in Chandler, AZ.

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Types of Estate Plans

There are a variety of estate planning options available to those living in Chandler, AZ. This includes creating a will, naming an executor and trustee, and making other estate-related decisions.

Wills can help distribute resources upon someone’s death by specifying who will receive property, money, or both. Naming an executor and trustee allows them to carry out the will’s provisions without any legal hassles. 

How to Create an Estate Plan in Chandler, AZ

Here are many factors to consider when creating an estate plan, but some key considerations include:

1. Who will be responsible for carrying out your wishes if you die?

2. What types of assets will be protected by your estate plan?

3. How will assets be distributed upon your death?

How To Execute Your Estate Plan

Here are a few steps to creating an estate plan in Chandler:

1. Determine What Property You Own: First, you need to determine exactly what property you own and what rights and titles you hold over it. 

2. Map Out Your Estate Plan: After you have determined what property you own, the next step is to map out your estate plan. 

3. Create A Will And Testament: Assuming you have named someone as a beneficiary or charitable organization in step two, the third step is to create a will or testament.