Nicole Pavlik Law Firm blog

In my blog, I want to give clients, and potential clients, helpful advice on Estate Planning, Business Planning, trusts, wills, probate and on how to secure your family's future, and your business's success.

How to Protect Your Child’s Inheritance from His or Her Untrustworthy Spouse

Parents who develop an estate plan often do so to provide for their heirs financially. Many want to make sure hard-earned assets, family heirlooms, or...
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Is a Payable on Death Account Right for You and Your Family?

Payable on death accounts, or "POD accounts" for short, have become popular for avoiding probate in the last decade or so. What is a POD Account? A PO...
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Make an Achievable 2018 New Year's Resolution – Get an Estate Plan Checkup!

With 2018 here, it's time to start thinking about your new year's resolutions. It doesn't matter whether you have an estate plan or don't, one im...
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New Baby? Time to Create Your Estate Plan

Estate planning is often one item that gets pushed back on nearly everyone's to-do list. The reasons you might be delaying vary: lack of time, not thi...
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How Long Should You Keep Important Documents?

In a society dominated by paperwork, the question of how long to hold on to important documents has been baffling for most people. We especially worry...
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What To Do After a Loved One Dies

If you've been appointed an executor of a loved one's estate, or a successor trustee, and that person dies, your grief – not to mention your to-do lis...
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Who Should Be Your Successor Trustee?

If you have a revocable living trust, you probably named yourself as trustee so you can continue to manage your own financial affairs, but eventually ...
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5 Things to Talk About with Your Family

You intend to pass along your wealth through your estate plan, but what about your wisdom? Ensuring you accomplish both calls for a family meeting to ...
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Where There’s a Will, There’s a Way… and It Might Be Probate Court

​ Preparing a Last Will and Testament (more commonly known as a will) is important, but many people don't understand what a will does and doesn't do. ...
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Advanced Directives Registry: A Great Way to Store Your Documents

A couple of the documents I prepare as part of my services are the Health Care Power of Attorney and the Living Will. These documents are important to...
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Don’t Make These Mistakes with Your Beneficiary Designations

There are financial accounts such as life insurance policies, 401k, IRA's, etc.that allow you to choose the primary beneficiary(ies) and contingent be...
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Putting Rental Properties into a Limited Liability Company

​ Putting an investment or rental property into a limited liability company (LLC) can be a great way to protect your personal assets from any liabilit...
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6 Benefits of Having an Estate Plan

Many people don't realize that when they prepare an estate plan, it's not really for them but for their family and loved ones. Here are some of the be...
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Why Unmarried Couples Need an Estate Plan

Today I spoke with someone whose domestic partner of 24 years died prematurely at 62. They had no estate plan, and that made me think about how many c...
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How to Choose a Guardian for your Children

I hear it all too often: "My spouse and I haven't done our estate plan because we can't agree on a guardian for our kids if something happens to both ...
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The One Thing You Can’t Forget Before Leaving for Vacation Without the Kids!

Yes, you're going on vacation without the kids. It's your chance for some much needed time alone to relax and enjoy each other's company. But before y...
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What You Need To Know About Digital Assets

What You Need To Know About Digital Assets  When planning for your loved ones after you pass, it can be overwhelming to remember to include every...
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Planning for the Unthinkable

Planning for the Unthinkable  How to prepare for when a loved one passes away  No one can truly know what a new day may bring. How can you p...
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Estate Planning Checklist

​ Top actions you can take to get your estate in order!  ​ Leaving an organized estate to your survivors is one of the most thoughtful contributi...
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How to Turn an Idea Into a Business

Have an innovative idea?  Learn how to turn an idea into a business.  Have you ever had an innovative idea for a new business venture but di...
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11225 N. 28th Drive Suite D213, Phoenix, Arizona 85029