The Dana name has become the symbol of a quality Estate Plan in Arizona. It has taken over 34 years to develop and continues to strive for excellence in the Estate Planning community. At its core is Estate Planning lawyer Matt Dana. [Learn more about Matt]
Key Takeaways: Holding residential property in a Revocable Living Trust guarantees immediate wealth transfer to heirs while completely bypassing costly probate court proceedings. Standard deeds lack asset protection, leaving real estate exposed to a homeowner’s personal lawsuits, divorces, or catastrophic creditor claims. Utilizing a Beneficiary Deed acts as a baseline fallback option, automatically transferring property […]
By Matthew S. Dana, Esq., LLM in Taxation Key Takeaways: The Squeeze strategy maximizes your federal exemption by using entities like a Family Limited Partnership (FLP) to apply steep valuation discounts to transferred assets. The Freeze strategy halts future appreciation within your taxable estate, moving all subsequent growth to an Intentionally Defective Grantor Trust (IDGT) […]
CHARITABLE RETIREMENT ARRANGEMENT (“CRA”) As a practicing estate planning attorney for over 33 years, I have noticed a huge change in a client’s mentality when it comes to estate planning and retirement planning. It used to be that most clients were concerned about having enough to leave a legacy to their children upon their death. […]
“Buckets of Assets” – the Key to Understanding Probate The biggest mystery to families in settling a loved one’s affairs, or establishing their own estate plan, is probably understanding what legal document controls the disposition of assets. Most people believe that it is the Last Will and Testament that controls. In reality, the Last Will […]
