How a Trust Can Protect a Minors Inheritance

Becky Cholewka: Part of the reason why I got into estate planning is because I’ve seen this situation from a lot of different angles in my own family. My dad died actually when I was 19-years-old. I was in college. My sister and I both received from a life insurance policy he had, about $40,000…. Read More »

Estate Planning for Pets

Becky Cholewka: You know a lot of our clients have pets, and I’ve always had pets myself. We want to make sure we plan for those pets in case something should happen. Now, we have a more complicated thing that we can do called the pet trust, which is where we leave money in trust… Read More »

Why Women Need Estate Planning

Becky Cholewka: Women out there, you really need to consider making sure that your estate planning documents are, first of all, done as well as up-to-date. Why? Well, statistics show that we outlive men. What happens if we outlive our husbands, let’s say? If we don’t have anything in place, usually we leave it up… Read More »

The Problem with Verbal Wishes in Arizona

Becky Cholewka: One of the things I love about shooting videos is my staff always gets to hear all of my answers and information that I always put out on video. Then they always ask me great questions about their own situation. I just got a great question from one of my employees that said, “You… Read More »

The Biggest Myth About Estate Planning

Becky Cholewka: One of the biggest myths about estate planning is, “Becky, I want to have a will because if I have a will, my family won’t have to go through the probate process.” That is actually 100 percent untrue. In fact, if the only thing that you have done in regards to estate planning is… Read More »

The Benefits of a Revocable Trust

Becky Cholewka: There is so much confusion and misinformation out there about trusts. Today, I want to give you just a little breakdown of why revocable trusts have certain benefits because there’s a lot of people out there that say, “Oh, you don’t need a trust anymore just based on our tax laws. Well, that’s absolutely… Read More »

Putting Your Funeral Wishes in Writing

Becky Cholewka: One of the things that estate planning can do is also help plan for your funeral. In a will, or trust, or power of attorney, we can put in your wishes as far as whether you’d like to buried or cremated. You could also have additional documents that are not legal documents. They’re just… Read More »

A Tip for Personal Representatives Going Through the Probate Process

Becky Cholewka:  I have a tip for those of you who are acting as personal representative in a probate process. Some states call that executor. Here in Arizona, we call that personal representative. When you are dealing with collecting assets, especially from financial institutions, you want to make sure that those financial institutions are submitting… Read More »

3 Biggest Misconceptions About Estate Planning

Becky Cholewka: Today, I want to go over the three biggest misconceptions about estate planning. Misconception number one, estate planning is only for rich people. That is not true. Everyone has an estate. More importantly, most people have friends or family that they love and they want to ensure that they are taken care of,… Read More »

How Often Should You Review Your Estate Documents

Becky Cholewka: One of my most frequently asked questions is, how often do I actually need to review my documents? I always tell people a couple of different things. Number one. There’s something that you should do each year to your estate planning documents. Pull out your binder, your folder, or wherever you keep them,… Read More »

Revocable vs Irrevocable Trusts

Becky Cholewka: Did you know there are actually about 30 to 40 different types of trusts? They mainly fall into two categories though revocable and irrevocable trusts. That pretty much is exactly what it sounds like. A revocable trust, you can change, amend, or revoke. An irrevocable trust, you cannot. One of the questions I… Read More »