Estate planning involves many decisions, including how your assets will be distributed after you pass away. If you’re planning your estate or have been named a beneficiary, you might encounter terms like per stirpes, per capita, and per capita at each generation. While they may sound confusing, chances are you’ve already considered one or more of them and just didn’t know the legal term. Here’s what they mean and how they work under Arizona law.
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The Limitations of Legal Document Preparers in Arizona
When it comes to creating a solid estate plan or forming a business, many people seek the most cost-effective solution. One option that may come to mind is using a certified legal document preparer. While these professionals can assist with drafting legal documents at a lower cost than hiring an attorney, it’s important to understand their limitations—particularly when it comes to providing legal advice.