b'WICKENBURGS NEWEST HOT SPOT FORThe Bottom Line Drinking, Dining and Live EntertainmentEstate PlanningBy Mark Melkowski ALL DAY602-793-6493 or mark@eagleadvisorygroup.com HAPPY HOURW ell just wanted to start bymanage a persons property and assets during their life, and saying Happy New Year.then pass them onto their heirs at death without probate. Im praying that 2021One key to the trust, unlike a will, is that it has a provision brings some closure to the Twilight Zone" year we just had,that keeps your affairs private and is not filed in court upon brings you joy and some type of normal life.death. If you create the trust you are the trustor and theThe important thing is to get your legal documents in orderMonFri11am6pmtrustee, and you manage the trust during your lifetime. Your Today, I would like to address the issue of estate planningbeneficiary is a person or persons receiving the trust assetsbefore something happens to you or your spouse. Trying to and all that it does and doesnt include. What is estateor property.do something after the fact is almost impossible and making$2.75 Ice Cold Domesticplanning? I have a different definition; I like to call it legacysure all your legal documents are in order before, assures planning. Somewhere down the line, we are all going toIn choosing beneficiaries, it may seem like an easy task,that upon your death your heirs and your loved ones will leave this wonderful earth, and it is a good idea that weespecially if you have children but some important items toencounter a less difficult situation. It is difficult enough to understand how to assure that all we worked for goes to ourconsider when choosing is who should receive the assets,deal with death and not having these documents preparedBottled Beer & Coors Lite Draftloved ones and not the IRS.when should they receive the assets, should they all receivewill enhance the difficulty. Also, one very important thing equal shares, and should all the children receive the sameto remember if you do not set up your legacy planning now, In legacy planning some key terms need our attention.assets and property? If you own a business do they allI can assure you there is someone out there that has a planHalf Price AppetizersA will, also known as a Last Will and Testament, is areceive ownership, which children are better at handlingin place for you already. They are called the IRS.14 BIG$3 Well Drinkslegal document that declares and controls how a personsthe affairs, and should there be one person in charge of property and assets are distributed after death. Probatedistributing the assets or property to all the beneficiaries?We at Arizona Financial Solutions are committed to is the process that reviews the will to determine if it isassuring that our clients are thoroughly prepared for the valid and authentic and to ensure that the will is followedThe trust you create can be adjusted over the years. You canretirement years, whether it is income planning, stopping by appointing the executor. If there is no will it may gochange anything that you would like, from the beneficiariesyour IRA from becoming an IOU to the IRS, or ensuringWhiskey Wednesdaysthrough probate, which could be costly and timely. Thento the amounts to each child, to deciding on whetherthat your assets and property go to your loved ones. SCREEN TV$5 Crown Royal, Jack Daniels & Pendeltonyou also may require power of attorney or (POA) forthe spouses receive any benefits or do they pass to the medical, mental, and financial issues which gives someonegrandchildren? Your trust is a love letter to your familyPlease feel free to visit us at www.arizonafs.com, email methe ability to be your spokesperson if you cannot speak forspelling out how you and your spouse want your assets to beat mark@eagleadvisorygroup.com, or you can call me atyourself. Then there a living trust, this trust is designed todivided up to the ones you love.602-793-6493.Watch Your Favorite$3 Fireball ShotsYOUR PROPERTY IS MY PRIORITY! Rodeo or Football Game Call for more information on theseproperties as well as others for sale. LIVE MUSICFriday &PRIME RIB SPECIALSaturdayEvery Friday,710pm Saturday & SundayWICKENBURG HORSE PROPERTYBEAUTIFUL LUXURY HOME3BR/2BA with guest quarters that owners 4,200 sq ft 5BR, 3 & 1/2BA, family rent out. 5 horse pens with covers, in town, room, living room, gourmet kitchen,5 minutes from the arenas. $485,000. pool, views, privacy and gated, with 4Shiara Kirschcovered horse pens, all on 5 acres.RealtorSOMETHING FOR EVERYONE(928) 231-3110 107 E. Wickenburg Wayshiara@shiarakirsch.com82 N. Valentine Street,Wickenburg, AZ 85390Wickenburg, AZ 8539016 January 2021 928-684-4442palominoclubwickenburg.com'