Michael Zweig |

Ferris, Thompson & Zweig, Ltd.

Michael Zweig | Ferris, Thompson & Zweig, Ltd.

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Firm Summary

Compassionate Legal Representation Since 1989: Dedicated to Protecting Your Assets and Legacy

For over three decades, Ferris, Thompson & Zweig has been unwavering in our commitment to providing clients with exceptional legal representation. Our firm specializes in estate planning and probate, tailoring each plan to meet the unique needs of our clients while keeping their best interests at heart. We understand that discussing wills, trusts, and power of attorney can be daunting, but our team is here to offer compassion, guidance, and peace of mind as you make crucial decisions about the future of your assets and properties.

When it comes to estate planning, our Arizona lawyers possess the expertise to navigate the complexities of probate court involvement and minimize taxes on gifted assets. We handle all types of probate and estate planning cases, never turning away prospective clients based on the complexity of their situation. Our approach is personalized and client-centered, offering tailored advice based on your specific circumstances.

Whether you wish to leave a charitable donation or provide for your grandchildren, we can assist you in creating a comprehensive will that reflects your desires. Additionally, if you prefer to transfer assets or property to specific individuals during your lifetime or after your passing, we can guide you in establishing trusts or special needs trusts. Should you need to amend beneficiaries in an existing will, we can draft an entirely new will or create a codicil that modifies or revokes certain provisions. Furthermore, we can help you establish a power of attorney and aid in selecting the most suitable agent to act on your behalf.

Understanding the probate process is crucial for anyone dealing with the loss of a loved one. Probate refers to the court-managed procedure of distributing a deceased individual’s assets, which involves several essential steps. First, the estate must be opened to administer assets. Second, relatives or heirs must be identified. Finally, the decedent’s debts and liabilities need to be addressed. Probate becomes necessary when the deceased person owned real estate or personal property valued at over $100,000. Property distribution occurs through a will or, in the absence of one, according to intestate succession laws.

Probate entails various intricacies. When creating a will, you designate an executor responsible for administering your estate. However, if you fail to name an executor, the court will appoint an administrator. In some cases, the court may even appoint an administrator despite the presence of an executor named in the will. This situation often arises when the designated executor is unable or unwilling to fulfill their duties or when conflicts among executors hinder the best interests of the estate.

Unfortunately, many individuals named as executors or administrators lack familiarity with the probate process. If you find yourself in this situation, our firm can provide the necessary assistance. With our deep understanding of probate intricacies, we can help you navigate the paperwork and ensure timely submissions. While some may attempt to administer an estate without legal aid, even minor errors can cause significant delays. Additionally, estate taxes can be perplexing, and without the guidance of an experienced lawyer, the process can take months to complete.

Whether your case involves a small or complex estate, the duration of the probate process will depend on several factors, including the presence of a clear and updated will. Probate administration typically involves filing a petition with the probate court, appointing an executor, conducting an inventory and appraisal of assets, and distributing assets to the rightful heirs or beneficiaries. However, certain assets may bypass probate, such as those transferred through trusts or gifted before death.

The cost of probate varies based on the estate’s value and complexity. Whether you are an executor, family member, or heir unfamiliar with probate administration, Ferris, Thompson & Zweig is here to provide the counsel, guidance, and representation you need.