Estate Planning and Divorce in Arizona and New Mexico
If you and your spouse are preparing for a divorce, it is in your best interest to get an experienced estate planning attorney who can help you prepare for the future. Every person’s situation is different, but whether you already have a will or trust or you have yet to create an estate plan, there are important documents you can create to protect your rights and assets.
Once again, if you do not have a will and you die or become disabled while you are going through a divorce, it is your estranged spouse who will automatically be entitled to control your estate. It will be your estranged spouse who will be entitled to at least half of your estate if you have children, and all of your estate if you have no children.
At the law firm of Morris Hall, PLLC, we can help you prepare for the future by planning and drafting some basic estate planning documents, usually at or near the end of the divorce process. It is advisable to see an estate planning lawyer before the divorce is final.
Estate Planning and Divorce
We offer services in all areas of asset protection for individuals who are going through divorce, including:
- Planning for larger estates
- Qualified trusts for retirement funds
- Asset allocation and protection
- Business succession planning
- Creating limited liability companies (LLCs), partnerships and other legal entities
- Charitable giving, charitable remainder trusts and family foundations
- Private annuities and intra-family sales
- Intentionally defective grantor trusts
- Qualified personal residence trusts
Divorce is an emotional time and many legal issues must be considered in the process. Divorce can also have a huge impact upon future events, especially when children and other beneficiaries are involved. Through proper estate planning, you and your family can remain protected, even during such a difficult time.
Contact Us for Information About Estate Planning and Divorce
Contact us to arrange a consultation with an experienced lawyer today. Our offices are located in Phoenix, Tucson, Albuquerque and communities throughout Arizona and New Mexico.