Wallin Hester, PLC

Wallin Hester, PLC Wallin Hester is an AV® Preeminent rated business and litigation law firm striving to provide the h

Wallin Hester is an AV® Preeminent rated business and litigation law firm striving to provide the highest quality of legal services to large and small businesses.

When it comes to estate planning, many Americans are unprepared for what comes after death. But according to a recent su...
08/21/2021

When it comes to estate planning, many Americans are unprepared for what comes after death. But according to a recent survey, the number of young adults ages 18 to 34 with estate planning documents increased by 63% since 2020.

Two out of three U.S. adults do not have a will or other estate planning documents, according to a Caring.com survey

Both executors and trustees are equally important to the entities that they represent. They are each also central parts ...
08/19/2021

Both executors and trustees are equally important to the entities that they represent. They are each also central parts to many people’s estate plans, which is one of the last marks you’ll leave on your family. In turn, make sure your selection process for them is as complete as possible.

Estate planning can be difficult. In addition to the fact that it may bring up some uncomfortable feelings – like grappling with one’s mortality – there is also the fact that it can be a complex legal process. There are … Continue reading → The post Trustee vs. Executor: What’s the Diffe...

Working with trusted financial, tax and estate planning professionals can help you craft the optimal giving strategy to ...
08/13/2021

Working with trusted financial, tax and estate planning professionals can help you craft the optimal giving strategy to maximize your philanthropic goals and tax savings during your lifetime and beyond.

Charitable giving is a way to do good for others and yourself. Here we compare charitable giving and tax strategies during your lifetime vs. leaving a legacy.

Here are thirty of the fundraising terms you need to know before you step out there seeking financing for your business....
08/12/2021

Here are thirty of the fundraising terms you need to know before you step out there seeking financing for your business.

Don’t blow all your hard work and potential by completely flopping on basic startup fundraising terminology. Know these words and lingo so you can pitch and walk into investor meetings sounding like a pro who has done their homework, and respects their time enough to invest in learning.

The most common estate planning mistake is to avoid it altogether. The truth is that nearly everyone can benefit from at...
08/11/2021

The most common estate planning mistake is to avoid it altogether. The truth is that nearly everyone can benefit from at least some level of estate planning, so don’t let excuses get in the way.

The No. 1 mistake is not getting started.

Before you weigh the pros and cons of different compensation amounts and timing, your decision about how and when to tak...
08/07/2021

Before you weigh the pros and cons of different compensation amounts and timing, your decision about how and when to take a paycheck will depend on the structure of your business. The IRS’s requirements for owner compensation are different for corporations, sole proprietorships, partnerships, and LLCs, so you’ll need to first determine what your legal rights and obligations are.

Paying yourself an entrepreneur salary can help you—and your business—grow. Use our infographic to find out how much to pay yourself.

Personal debts aren’t forgiven at death. Instead, they pass to the estate of the deceased person. There are a couple of ...
08/06/2021

Personal debts aren’t forgiven at death. Instead, they pass to the estate of the deceased person. There are a couple of things you can do to make sure your outstanding debts are repaid quickly and efficiently after you pass away.

What happens to someone's debt after death might seem confusing or like a mystery, but we're letting you know what really happens. Learn how different types of debts are dealt with after death, and what you need to do if you’re named the executor of an estate.

Estate-planning documents — such as wills, trusts, living wills, medical directives and powers of attorney —are very imp...
08/04/2021

Estate-planning documents — such as wills, trusts, living wills, medical directives and powers of attorney —are very important to you. So where do you keep them safely secured?

Estate-planning documents — such as wills, trusts, living wills, medical directives and powers of attorney — are very important, and so is keeping them protected and stored safely. Here are some key tips on what to do to keep them secure.

A common misconception is that you have to be either old or rich to have an estate plan, which is why a lot of young peo...
07/31/2021

A common misconception is that you have to be either old or rich to have an estate plan, which is why a lot of young people avoid it. But the reality is that estate planning is important regardless of your age or wealth.

Are you in your 20s or 30s and want to learn more about estate planning but don’t know where to begin? Do you want to know which essential documents should be included in your estate plan?

An estate plan tells your heirs and the courts how to divide up your assets, but it also helps protect your loved ones f...
07/29/2021

An estate plan tells your heirs and the courts how to divide up your assets, but it also helps protect your loved ones from unnecessary hassle and expense – as well as potentially months, even years, tied up in the court system settling your estate.

An estate plan helps protect your loved ones from unnecessary hassle and expense.

Preexisting agreements with your employer could cause legal problems for your new business. If you're considering starti...
07/29/2021

Preexisting agreements with your employer could cause legal problems for your new business. If you're considering starting a business while maintaining your current job, you may want to discuss your new business plans with a reputable attorney.

Starting your own business can be hard. Ethically starting one from the ground up with your employer's resources or expertise could spell disaster.

If you own a home, it’s important to plan for the future and what will happen when you pass away.
07/24/2021

If you own a home, it’s important to plan for the future and what will happen when you pass away.

When you pass away, your mortgage doesn’t suddenly disappear.

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Rome Towers, 1760 East Pecos Road, Suite 332
Gilbert, AZ
85295

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