Hoyt And Associates Warns About The Dangers Of Using Arizona Wills Vs. Trusts

April 27, 2015 – – Hoyt and Associates, a paralegal services firm in Tucson, Arizona, has released vital information about Arizona wills vs. trusts. In doing so, they want to emphasize the dangers of using an Arizona will instead of a trust because of the devastating costs of probate. Most people would choose a will when thinking about how their assets should be distributed after they have passed away. Unfortunately, after a person dies, the executor of the will has to perform several actions that will lead to the distribution of the assets. These activities will require some expenses, including lawyer fees and these could be substantial.

There have been a number of controversial pieces in the media as of late as to why most attorneys will push their clients towards a will, rather than a trust. For instance, in the Los Angeles Times, William Seligman wrote, “In most estates, the only one justification for not having a living trust is because the attorney will not get his probate fee.”

Another piece was written in Reader’s Digest by Max B. Lewis, where he said that “The living trust is the finest gift a husband can give his wife.”

Hoyt and Associates, which offers assistance in the preparation and filing of legal documents and has more than 20 years of experience in the preparation of such documents, can handle both the will and the living trust. They also guarantee that they will make recommendations between these two based on the specific needs of their clients. If an Arizona will is recommended, they will ensure that the holder is fully aware of the cost of probate that will be associated with that. In most cases, clients will choose an Arizona trust. Nevertheless, they want to make it clear that they are not attorneys and therefore they cannot offer legal advice or representation. Thus, any recommendation they provide should not be considered as legal advice, for which clients should consult a lawyer.

The paralegal services firm focuses on being honest, and on being affordable. Research has also shown that too many people do not have either a will or a trust in place. Some feel that this is because they have insufficient assets, but for the majority it is because they cannot afford the legal fees associated with having either constructed.

As can be seen on hoytandassociates.webs.com, they offer a service that is far more affordable than the majority of other paralegal firms and they are fully transparent about how they have set their rates. In doing so, they hope to give people affordable legal documents that they require, such as those for living trusts, wills, bankruptcy, divorce, grandparent visitation, child support, tax services, LLC, payroll, bookkeeping, deeds, and power of attorney (general and medical).

For further information on the benefits of trusts over wills or the services offered by Hoyt and Associates, LLC, please use the contact details below.

CONTACT DETAILS:

Hoyt and Associates, LLC
Richard Hoyt – 520-744-4884 – rhoyt7@gmail.com
7229 N. Thornydale Rd.,Suite 121
Tucson, Arizona 85741

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