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A Life Worth Planning | Chandler City Lifestyle
Article published in Chandler City Lifestyle ARTICLE BY REBECCA L. RHOADES | PHOTOGRAPHY BY LINDSAY BORG The phrase “death is hardest on the living” refers to the emotional grief a person feels after losing a loved one. But in many cases, it can also represent the...
How to Own Your Real Estate | Real Estate Ownership Options
'How to Own Your Real Estate' might seem like a strange statement to make, but the form of real estate ownership options you choose can have real implications on taxation and inheritance. Your real estate encompasses not only your primary residence but also any...
College Saving Tools: Planning for Your Family’s Education
College saving tools are becoming increasingly important elements of estate planning. According to the College Board, the average tuition and fees for the 2025–2026 academic year were $11,950 for a four-year in-state public institution; $31,880 for a four-year...
Passing the Torch: Smart Business Succession Strategies
For many business owners, their business is one of the most valuable and important things they own. When it is time to sit down and create an estate plan, it is critical that business owners plan for their business just as they would plan for their home or finances....
Praesidium Law Named to ASU Sun Devil 100 List
Louis A. Silverman, attorney at Praesidium Law, has been named to the prestigious Sun Devil 100 Class of 2026, which is sponsored by the Arizona State University Alumni Association. Lou, as he is known to most, was honored at the awards celebration at Omni Tempe Hotel...
Three Estate Planning Steps Every New Homeowner Should Take
House moving season in Arizona is usually busiest during the hot summer months - June through September - driven by families moving between school years. If you're a new homeowner, this post is specifically for you. So, as we head towards Memorial Day, if you are...
Should I Protect My Business with a Nondisclosure Agreement?
Whether you are an entrepreneur starting a new business or are running a well-established business, your success often depends on safeguarding innovative ideas and information that give you an edge over competing businesses. A well-drafted nondisclosure agreement -...
Use Probate Mediation to Avoid Probate Litigation
Probate litigation occupies a uniquely volatile space in the legal system. Unlike commercial disputes, probate conflicts arise in the shadow of loss, grief, and long‑standing family dynamics. The legal issues - capacity, undue influence, fiduciary misconduct,...
Should I Form Multiple LLCs for My Business?
Did you know that there is no law that limits the number of LLCs an entrepreneur can own? Forming multiple LLCs may make sense under certain circumstances. Here a just a couple of scenarios where having multiple LLCs may be logical: Companies that have several rental...
Wills, Trusts, & Dying Intestate: How They Differ
Most people understand that having an estate plan benefits them and their loved ones. However, many individuals do not initiate the estate planning process because they do not fully understand the nuances of foundational estate planning tools, such as a will and a...
What to Do If Your Business is in Distress
As we enter a new year and businesses look to close their books on 2025, it's becoming clear that increasing costs and rising interest rates have impacted many businesses. If your company is in crisis and heading down the wrong road toward bankruptcy, there are steps...
Your Post-Honeymoon Newlywed Legal Checklist
Before the Holiday season kicks off, we find ourselves in the midst of Arizona's fall wedding season. September through November are popular for outdoor ceremonies because of cooler temperatures and our beautiful desert scenery, especially in October and November. So,...
Protect Your Business from Unexpected Losses
Do You Have the Correct Business Insurance? As a small business owner, you have invested large amounts of time and money to make your business a success. Business insurance protects this investment in the event of unexpected damage to property or lawsuits, which could...
Does a Revocable Living Trust Reduce Your Federal Estate Tax Bill
Death & Taxes! "In this world nothing can be said to be certain, except death and taxes." That famous phrase was written by Benjamin Franklin in a letter in 1789. While death cannot be avoided (yet!), 236 years later most people continue do their best to legally...
Business Valuation Basics
Do you know your business valuation? If you are a homeowner, you may have some idea of how much your home is worth. If you have a retirement account, you likely check the balance regularly. However, many small business owners do not know the value of their companies....
Estate Planning For College Kids…Be Prepared
Why Estate Planning For College Kids Should Be On Your To-Do List
Business Trusts 101: What You Need to Know
Trusts are usually associated with estate planning, but trusts can also apply to business operations. Did you know that as a small business owner, you can hold your business in a trust instead of using a business entity such as a limited liability company (LLC) or...
Happy 18th! Legal Changes at 18 Teens Should Know
If you have an 18-year-old, have them read this, so they know what changes from one day to the next when they turn 18!
Should I Convert My Sole Proprietorship to an LLC?
Sole proprietorship or limited liability company? When you are first starting a business, operating it as a sole proprietorship may make a lot of sense. Sole proprietorships are simple and inexpensive to set up and maintain: they are operated by a single taxpayer and...
How to Stop Mail Addressed to a Deceased Person
Once you have been appointed the executor or personal representative of a deceased loved one’s probate estate, or when you step in as the successor trustee of the loved one’s trust, one of the first things you should do is to notify the post office of the death and...