Questions Concerning An Irrevocable Trust? Where to Look for Answers and How to Make Changes

by Garrett J. Olexa, Member, Jennings, Strouss & Salmon, P.L.C. One of the many advantages of a revocable trust is that changes to a revocable trust can be easily made by amending or restating the trust instrument. When dealing with irrevocable trusts, however, the ability to effect change is often…

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The “Sound Mind”

By: Garrett Olexa Defining Mental Capacity and How it Impacts Your Ability to Conduct Business, Manage Your Estate, and Even Vote. According to recent statistics, the U.S. population aged 65 and older is projected to nearly double over the next three decades. This year, baby boomers are between the ages…

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Personal Representatives of the Estate of a Vulnerable Adult Need to be Aware of Arizona’s Adult Protective Services Act

By: Garrett J. Olexa A personal representative of a decedent’s estate has a statutory duty to serve the best interests of the successors to the estate. One such duty is to take possession and control of the decedent’s property for purposes of administering the estate. A personal representative is also…

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Does Your Will Contain a Profession of Your Faith?

by Garrett J. Olexa, Jennings, Strouss & Salmon, P.L.C. Adding Religious Preambles to Your Will Have you considered including a religious preamble to your Last Will and Testament as a final means of professing your faith? Prior to the beginning of the 20th century, it was common practice for Last…

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The Beneficiary Deed – Is It Right for You?

by Garrett J Olexa, Jennings, Strouss & Salmon, P.L.C. It is common knowledge that the purpose of a Will is to ensure assets are distributed according to a person’s wishes upon his or her death. In addition, many people will go a step further, perhaps upon the advice of their…

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Peoria Named One of the Top 10 Cities for Early Retirement

David Brnilovich and Garrett Olexa comment on Peoria being named as one of the top 10 cities for early retirement and what you can do to ensure worry-free golden years. Peoria was recently named one of the top 10 cities in the nation for early retirement… “I’m not surprised that Peoria…

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