Blog
Education is important to us. On our blog, we will share tips, tricks, probate horror stories, and important information relating to estate and business planning, probate and trust administration, and guardianship and conservatorship.
To view more of our blogs, visit our old blog site at kkpattonlaw.blogspot.com
DISCLAIMER: While we hope you find our Blog insightful and helpful, the information shared here is not to be construed as legal advice. For information on your own personal situation, please contact our office.
WARNING – Corporate Transparency Act is HERE!
Small business owners will have one more item on their compliance to-do list! The Corporate Transparency Act ("CTA") reporting requirements went into effect on January 1, 2024. The CTA,[1] enacted as part of the Anti-Money Laundering Act of 2020 (AMLA), places new...
PSA: Bank Requests for Additional Trust Information
Over the past several months, a number of our clients have received communications from their banks requesting additional information regarding their trusts. Specifically, we know of both USAA and Chase sending notices to clients requesting “trust beneficiary...
Updated: Robinhood Now Allows Clients to Name a Beneficiary, But There’s Still Much to be Desired…
Last year we wrote about the popular investing app, Robinhood, and I think they must have heard us loud and clear when we said that they need to get on the ball and allow clients to name beneficiaries. Okay, maybe we can’t take ALL the credit for this update, but the...
I’ve been Appointed as a Trustee: Now What?
There’s a lot to process when a loved one dies. Of principal importance is your personal grief and it is crucial that you gift yourself the time to attend to this need. Give yourself a moment (or two or three) to absorb the initial impact of this tremendous blow. Yes,...
If You Think a Trust is Complicated, Wait Until You See What Happens When You Die with a DIY Will in Place…
As humans, we spend a lot of time simplifying our lives. We declutter our desks and decline invitations to social events we’re not interested in attending. We pay down debt and eat whole foods. “Keep it simple” has become a mantra, and yet—when it comes to estate...
Estate Planning: An Investment in Your Family’s Future
77% of American adults recognize the importance of estate planning, and yet 67% of Americans don’t have a plan in place. The #1 reason why so many adults fail to get their affairs in order is simple: they just haven’t found the time to get around to it. However,...
The 5 Essential Estate Planning Documents that Everyone (Yes, Even You) Needs
Estate planning isn’t just for the very wealthy or the very old. Estate planning is a very important process for everyone to participate in—regardless of age or financial status. It allows you to plan for what will happen to your minor children and hard-earned assets...
Estate Planning Glossary: An Overview of Terms & Concepts
Estate planning can be a daunting task. Not only does the process force you to consider what will happen after you pass away, but it can also be a confusing undertaking as well. What does “per stirpes” mean? Is there a difference between a grantor and a testatrix?...
Beneficiary Designations: What They Are and When to Use Them
An overwhelming 2 out of 3 Americans do not have an estate plan in place. They have not drafted a Will or Trust. They don’t have a Power of Attorney or Advance Directive for Health Care in place. And many are unaware that they can utilize something called “beneficiary...
Contact Empowered Legacy Planning
Please complete the brief form below to contact Empowered Legacy Planning. A member of our team will get back to you shortly!
Call Us
Email Us
Visit Us
2141 E. Broadway Road, Suite 220
Tempe, Arizona 85282
Office Hours
M-Th: 8:30am – 5:00pm
F: 8:30am-1:00pm