Archive for May, 2007

When planning your estate,what costs more, a will or a trust? Since an attorney
can prepare an average will for $400 to $500 and set up an average trust for
about $2,000 to $2,500, your decision is made, right?

But wait, there is more to it! You don’t have to be a CPA to figure that it
costs five times more to set up the average trust than the average will. The
key words here are set up. The prices I just quoted are for exactly
thatsetting up your will or trust. Those up-fr (more…)

Under the Uniform Fraudulent Transfer Act you would be committing a crime, see Section 19.40.041: “…(a) a transfer made or obligation incurred by a debtor is fraudulent as to a creditor whether the creditor’s claim arose before or after the transfer was made or the obligation was incurred, if the debtor made the transfer or incurred the obligation: (1) with actual intent to hinder, delay, or defraud any creditor of the debtor…”

WHAT IS FRAUDULENT CONVEYANCE?

Fraudulent conveya (more…)

A Free Living Will is a will that you have drawn up on your own and had your family members and loved ones sign. Be wary, not everyone can draw up a will properly and if you decide to draw up a free one, you should know the risk involved.

A Free Living Will can be tested just as a regular Living Will can be. If you choose something in the will that someone else doesnt agree with and they have legal claims that are admissible in court, then it can be brought before a judge and even ove (more…)