Keystone Lawfirm and Wealth partners

Ways to Protect Your Most Important Documents

Posted on: November 27th, 2017 by Sheryl Keeme   Estate Planning

We like to protect things. Children, pets, ourselves, our homes – all important things we try to keep from harm. And records, too. Financial records, family history, and, of course, legal documents all need some tender loving care. In fact, your estate planning document may be the most important documents you need to protect. Organize […]

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Handing Over the Keys: Transferring Your Business to Your Family

Posted on: November 24th, 2017 by Sheryl Keeme   Business  |  Estate Planning

Maybe you’ve considered the question of whether to retire or whether to keep running your business. And you’ve decided it’s time to trade in your ergonomic executive chair for a cushy deck chair. But then more questions arise: What will happen to your business? Who will take over? And can you hand over the keys […]

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Gifting — What Assets Are Eligible?

Posted on: November 20th, 2017 by Sheryl Keeme   Estate Planning  |  Taxes

Most people enjoy giving presents and watching people open them. Gifting is also an important tool used while preparing an estate plan, but some gifts may be taxable by the Internal Revenue Service. Federal Gift Tax Explained In 2017, individuals can give up to $14,000 per person to as many people as they want. Spouses […]

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Strategies for Reducing Taxes

Posted on: November 19th, 2017 by Sheryl Keeme   Estate Planning  |  Taxes

Benjamin Franklin said, “In this world nothing be said to be certain, except death and taxes.” Most of us pay taxes like income tax, sales tax, and capital gains tax. When it comes to estate planning, both death and taxes come into play. Fortunately, we can use strategies for reducing taxes that we owe. Income […]

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The High Cost of Bad Estate Planning

Posted on: November 17th, 2017 by Sheryl Keeme   Estate Planning

  Some people put off estate planning because they don’t want to think about death or feel they don’t have enough property to bother with. Others pay the lowest fee possible, either by hiring an inexperienced attorney or buying forms from an estate planning website. While it may seem like winning to save a little […]

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Protecting Your Assets for the Next Generation

Posted on: November 15th, 2017 by Sheryl Keeme   Estate Planning

Every person leaves a legacy, a way for their families and friends to remember them. Legacies can consist of favorite memories, belief systems, and tangible assets like homes or financial accounts. No one can take away the memories you leave, but how can you go about protecting your tangible assets for the next generation? What […]

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Electronic Wills: Are They Valid in Arizona?

Posted on: October 19th, 2017 by Sheryl Keeme   Estate Planning

We’ve come to rely on electronics and the Internet for many things we used to do on paper. Nowadays, we use e-readers instead of paper books, smartphone apps instead of maps, and Internet sites instead of newspapers. One of the most important documents you will ever sign exists only in paper form – your Last […]

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The Two-Home, Two-State Family and Your Estate Plan

Posted on: October 12th, 2017 by Sheryl Keeme   Estate Planning

People who own homes in more than one state face more legal issues. Dual residency will even affect how your estate is settled. How will being a two-home, two-state family affect your estate planning? Residency is usually defined as “where a person lives.” But where someone maintains a “permanent home and substantial connection” is their […]

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3 Important Estate Planning Talks to Have with Your Family

Posted on: October 11th, 2017 by Sheryl Keeme   Estate Planning

Talking about death is never easy. However, at Keystone Law Firm, we’ve seen what happens when families don’t talk about their final arrangements. We believe there are three important estate planning talks you should have with your family. 1.         Estate Plans. You don’t have to tell your loved ones every detail about your estate plans […]

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When the Circle is Broken: Tips for Cutting Someone Out of Your Will

Posted on: October 10th, 2017 by Sheryl Keeme   Estate Planning

Families are sometimes compared to a circle, a never ending connection of love and support. There’s even an old gospel hymn called “Will the Circle Be Unbroken.” Though the hymn refers to the family reuniting in heaven, sometimes it’s necessary to ‘break the circle’ here on earth by no longer associating with someone or by […]

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