We're Closing. Thank You.

Doug Cook is retiring and Steve Cook has moved to an in-house counsel position. As such, we are no longer accepting new clients. Thank you.

Arizona Trust

What Is A Living Trust?

A revocable trust, often called a revocable "living" trust, is a means of structuring the legal ownership of assets to: (1) set forth the distribution of the assets of the person or persons who formed the trust — called either settlors, trustors, or grantors —  after their deaths and (2) avoid probate.

Read More»

Arizona Spendthrift Trusts & Exceptions

Sections 14-10502 & 14-10503 of the Arizona Trust Code set forth requirements and exceptions to spendthrift trust provisions included in trusts created pursuant to Arizona law.

Read More»

Arizona Trust Creation

The Arizona Trust Code, A.R.S. § 14-10101, et seq., sets forth the requirements, methods, and exceptions for creating trusts pursuant to Arizona law.

Read More»

3.8% Medicare Surtax on Individuals, Estates & Trusts

Beginning in 2013, the Affordable Care Act will impose a 3.8% surtax on some types of income, subject to certain thresholds. However, the applicable threshold and the manner in which the surtax is calculated varies depending upon whether the taxpayer is an individual or an estate or non-exempt trust.

Read More»

Qualified Personal Residence Trust (QPRT)

A qualified personal residence trust, or QPRT, can reduce the federal estate tax associated with transferring property to heirs, reduce the federal gift tax associated with such transfer, and, provide asset protection.

Read More»