How to Administer a Trust
If more than one trustee is acting, the trustees own the trust assets with survivorship rights similar to those of joint tenants.
Tag Archive for: Loose
Protecting Trust Assets and Identifying the Trust for Tax Purposes
/in Estate Planning/by Don LooseOnce the trust agreement has been signed and assets have been transferred to the trust, the trust agreement is fully operative as to those assets.
All About Individual Retirement Accounts (IRA)
/in Estate Planning/by Don LooseIn determining how to deal with an IRA during the estate-planning process, various tax considerations unique to each person must be taken into account.
Funding a Trust – A Simple Checklist of Assets
/in Estate Planning/by Don LooseIn most circumstances, a revocable trust will be created primarily for tax and estate planning purposes.
What is an Irrevocable Life Insurance Trust?
/in Estate Planning/by Don LooseThe use of any trust for estate planning purposes ultimately will depend on a variety of factors, including the size and complexity of the estate.
What is a Living Trust and Who Should Consider One?
/in Estate Planning/by Don LooseA living trust is a legal entity that is created and holds title to assets during the life of the person who places assets inside the trust.
Ten Common Misconceptions about Wills
/in Estate Planning/by Don LooseMost estates will not be subject to taxation with or without a living trust.
Types of Wills and Legal Requirements for Creating Your Will
/in Estate Planning/by Don LooseThe law of wills differs from state to state. This chapter is based entirely on Arizona law.
Your Corporate Counsel on the Formation and Operation of Corporations
/in Business Law/by Don LooseA corporation is a form of business ownership. The owners of a corporation are called shareholders.
Motorcycle Accidents and Motor Vehicle Traffic Laws
/in Personal Injury/by Don LooseThe law of negligence governs motor vehicle accident cases.
Civil Lawsuits in Arizona – “A Lawsuit is Civilized Warfare”
/in Lawsuits & Litigation/by Don LooseA civil action, simply defined, is a lawsuit brought to enforce, restore or protect private rights.
The Child Adoption Process in Arizona
/in Family Law/by Don LooseWhen an adoption order is entered, the relationship of parent and child is established between the adoptive parent and the adopted child.
A Divorce Lawyer on Marital Debts in Divorce or Separation
/in Family Law/by Don LooseThe general rule is that either spouse may contract debts and otherwise act for the benefit of the community.
What is Implied Consent in Blood and Breath Alcohol Tests?
/in Lawsuits & Litigation/by Don LooseEvery person who operates a motor vehicle in Arizona automatically gives consent to a test or tests of his blood, breath, urine or other bodily substance.
Dog Bites – The Most Common Lawsuit Involving Animals in Arizona
/in Personal Injury/by Don LoosePet ownership is on the rise. It is estimated that there are now 75 million dogs in the United States.
Breach of Contract – 1/3 of all Civil Lawsuits Filed in Arizona
/in Business Law/by Don LooseAbout one-third of all civil lawsuits filed in Arizona are for breach of contract.
Prenuptial Agreements – The “Legality of Love”
/in Family Law/by Don LoosePremarital agreements have not always been favored in Arizona.
A Divorce Attorney’s Perspective: Annulment, Dissolution and Legal Separation
/in Family Law/by Don LooseIn order for the court to acquire jurisdiction over a marriage, at least one spouse must have been a resident of Arizona for 90 days immediately prior to the filing of the action.
The Ins and Outs of Businesses Re-Opening During the Pandemic
/in Other/by Don LooseTo keep employees and patrons safe, the Governor has issued statewide guidelines to businesses upon their re-opening.
Bills Pending in the Arizona Legislature
/in Other/by Don LooseShould Arizona have a lieutenant governor? A bill currently in the legislature proposes the answer is yes.
Ban on Sanctuary Cities and Ballot Harvesting Law
/in Other/by Don LooseA ban on sanctuary cities is already on the books as a state statute, but a Republican member of the Arizona House of Representatives wants to seal the deal with a constitutional amendment.
Raising the Minimum Wage and Extending Terms in Tucson
/in Other/by Don LooseDon Loose discusses the 2020 increase in the Arizona Minimum Wage from $11.00/hour to $12.00/hour.
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