One of the most important decisions a client can make when creating an estate plan, is who plays what role. When creating a trust, there are 3 (or sometimes 4) key players: the trustor, the trustee, the beneficiary and, sometimes
Fleming & Curti, PLC
At Fleming & Curti, P.L.C., our practice is limited to Elder Law. We concentrate on Guardianship and Conservatorship, Long-Term Care (Medicaid) Planning, Estate Planning and Probate. We are located in Tucson, Arizona.
The firm began in 1984, when Tom Curti and Robert Fleming became partners. The two had, however, been partners before — from their common law school graduation (in 1976) until 1979. They had also shared office space for two years before formalizing the “new” partnership.
Website:
https://elder-law.com/
Latest from Fleming & Curti, PLC - Page 10
Beneficiary Designations and Divorce (in Arizona)
We recently heard from a reader about the effect of divorce on beneficiary designations. It’s a topic that comes up from time to time — and it’s more complicated than you might think. And, to be clear, the answer is…
September wrap up: Little Richard’s estate and Medicaid
By Jordan Young
It’s the end of September. This month government benefits programs and estate taxes were top of mind. But first, how the Estate of Little Richard came out in court.
Celebrity Estate Plans
A personal representative (a/k/a an “executor”) of Little…
Guardianship or Conservatorship for a Native American
At Fleming & Curti, PLC, we handle a lot of guardianship and conservatorship matters in Arizona courts. But what about proceedings involving a Native American? Can we bring an action in the Arizona courts, or do someone have to initiate…
Basis for Inherited Property Explained
What is your basis for inherited property? Do you calculate basis differently for property you received as a gift? And what is “basis,” anyway? Let us try to explain.
First, what is “basis”?
The concept of basis is primarily a…
Time to sign?
By Jordan Young
One of the very last steps in the estate planning process is actually signing the documents. By the time you are ready to sign, you have already done the hardest parts of estate planning. You have met with an attorney,…
In Which We Debunk Some Common Myths About Wills
Whew. We made it to September, and got past National Make a Will Month. And you didn’t get your will written or updated. While you’re feeling guilty about that, we’re going to take a minute to debunk some common…
August Wrap-Up: It’s Make a Will Month!
By Jordan Young
It’s the last Sunday of August, which means it’s time for the August Wrap-Up. This month we’re covering Make a Will Month, celebrity estate news, and Medicare changes.
Make a Will Month
Did you know that August is National Make…
The Basics of Beneficiary Designations
By Jordan Young
If you have a retirement account, bank account or a life insurance policy, you may have been asked to designate a beneficiary. Beneficiary designations name one or more person to receive the assets in an account upon your death. The…
Terminate the Trust – Is That a Good Idea for a SNT?
By Robert Kurtz
Sometimes things don’t work out the way you expect. Maybe you’re the trustee of a special needs trust, and you’re wondering: can I terminate the trust?
Our answer: a clear “maybe.” But we also want to ask our own question:…