At the Carroll Law Firm, we help clients plan their estate by preparing documents including Simple Wills, Durable General Powers of Attorney (AKA Business Powers of Attorney), Healthcare Power of Attorney, Living Wills, Beneficiary Deeds and even Trusts. Every time you move to a new state, you should prepare a new will. Each state has…
DetailsSeveral clients have asked about owning investment Real Estate (usually a rental property) in a Limited Liability Company (“LLC”). Usually, the main reason for clients are interested in placing property in a LLC is to provide additional liability to the owner. To understand how this additional protection is provided, assume that you have purchased a…
DetailsThe Carroll Law Firm is not “a Bankruptcy Law Firm”, and it never was our intention or expectation that we would be filing as many Bankruptcy Petitions on behalf of so many individuals, families and businesses. In fact, in 2007 when the Arizona office was first opened, if you needed representation in a Bankruptcy Proceeding,…
DetailsWe have heard of attorneys encouraging people to max out their credit cards before filing bankruptcy. Our attorneys strongly disagree with this advice for several reasons. First it is dishonest. Some people would say that filing bankruptcy is dishonest in itself, so why not get as much out of it as you can. Filing bankruptcy…
DetailsWhat are the exemptions in Arizona, and what can I keep if I file bankruptcy? Each state chooses exemptions that apply in filing bankruptcy, and can either choose to allow use of the federal exemptions, or not. In Arizona the federal exemptions are NOT available, a debtor must use the state exemptions. In Arizona, the…
DetailsSome people have a “zero balance” on their credit cards. Many people, on the other hand, carry at least some debt on their credit cards and pay the monthly charges which may exist at the end of each monthly cycle. Whether you are a person in the former category or a person in the latter…
DetailsThe Carroll Law Firm, PLC is pleased to announce a new look and feel designed to make our website, CarrollLawFirm.com easier to navigate for our clients. Be sure to check it out! Also, please feel free to subscribe to this blog for all the latest updates regarding the Anthem Community and your legal needs. We…
DetailsArizona law does not use the term “alimony,” and instead uses the term “spousal maintenance” when referring to support payments made by one spouse to another. Spousal maintenance can be awarded as part of the terms of a divorce decree, during the time between filing for divorce and the court entering a final decision, or…
DetailsIn Arizona, a non-profit is not necessarily a charity. Often people make the mistake of assuming a non-profit is automatically a charity, which can leave the non-profit organization open to tax liability down the road. A non-profit is an organization is created for some purpose other than making a profit for owners or investors, but…
DetailsMany Arizona homes are currently underwater, leaving homeowners left with the decision of staying in a house not worth its value, or walking away from the house. There are two main options to consider in order to walk away from your home. You can either short-sale the home or leave the home, causing the bank…
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During this time of heightened concerns over COVID-19, The Carroll Law Firm, PLC is open and can provide telephonic appointments for many types of consultations.