PROTECT YOUR FAMILY LEGACY
PROFESSIONAL ESTATE PLANNING
ALTA Tucson Estate Planning Services offers complete Asset Protection. This includes all relevant documents and coordination of services for clients and family members during their times of crisis.
Over 40 Y Ears of Estate PLanning Experience
Personalized Services that go above and beyond
Emergency Hotline Available 24/7/365
What is Strategic Estate Planning?
Tucson Estate Planning Experts
1. What is Strategic Estate Planning and why is it so important to incorporate into your Estate Plan documents?
Answer: Strategic Estate Planning is based on the concept that the language in your Trust and Estate Plan documents is just as important as having the documents themselves. Strategic Estate Planning involves inserting key statutory provisions and choices available to you in the preparation and drafting of your Estate Plan documents so that these documents will work the way you intend at the time of medical crisis. There are many options available to you such as making your Power of Attorneys effective immediately and not upon disability or incapacity. The latter requires a court order or a medical report stating your incapacity or disability before your designated agent can act for you in times of medical crisis. This causes time delay and confusion. Please contact our office to discuss other Strategic Estate Planning statutes and choices you can implement now in order to make your documents more effective in the future.
2. Who should I appoint as Trustee and Successor Trustee?
Answer: If you are married, usually you and your spouse will be the designated Trustees in control of your Trust and estate assets. The key is to select a Successor Trustee whom you trust to act on your behalf when both you and your spouse can no longer handle your financial affairs. As part of Strategic Estate Planning, we recommend that you consider naming two people as Successor Trustees with the connecting words of “or… each with the full power and authority to act individually and independent in such legal capacity”. These will assure one person can act if the other can not act for any reason whatsoever.
3. Who should I name as my Medical and General Power of Attorney?
Answer: Again, if you are married we recommend that you name your spouse as your Power of Attorney. However, we strongly recommend that you consider having a second person designated as your Power of Attorney with the connecting words of “or… each with the full power and authority to act individually and independent in such legal capacity”. The purpose of this choice is to provide for any circumstance where your spouse also cannot act on your behalf for any reason whatsoever. We call this Strategic Estate Planning concept “having two people in the front seat”. These ideas are for discussion purposes only but may be extremely relevant under certain future circumstances
4. Does naming my Health Care and General Durable Power of Attorneys give them complete control to act in such respective capacities upon your disability?
Answer: If drafted properly, your Agents will be able to act for you, effective immediately, without the need of court or medical involvement over your health and financial affairs. However, it should be noted that all Power of Attorneys lapse on death by law. Therefore, other legal documents are necessary to allow your family members as designated Agents to act over the management of your assets following your death.
NOTE: Just having these documents does not mean that your Agents will know what to do and how to act on your behalf regarding medical and financial matters in times of need. Through the ALTA Estate Services Emergency Hotline Program, we provide guidance to not only you, but your spouse and family members regarding how to proceed to handle and resolve medical and legal matters that will arise in your future. We offer this service FREE OF CHARGE and we put this in writing. Please call (520) 797-1400 to learn more about this Emergency Hotline Program. Teamwork is an essential part to any complete Estate Plan Program.
Contact us at 520-797-1400 for a free consultation.
Tucson and Southern Arizona
Estate Planning Services.
ALTA Estate serves Families in Tucson and Southern Arizona by providing the following services:
Trusts
Strategic Estate Planning
Establishing various types of trusts to protect assets, reduce estate taxes, and provide for beneficiaries in a controlled manner.
Powers of Attorney
Durable and Healthcare Powers of Attorney
Prepared to allow designated individuals to make financial and medical decisions on the client's behalf in case of incapacity.
Advance Directives
Living wills and Healthcare Directives
Created to express clients' preferences for medical treatment and end-of-life care when they cannot communicate their wishes.
Estate and Gift Tax Planning
Tax-efficient Estate Planning
Developing strategies to minimize estate and gift taxes while maximizing wealth transfers to beneficiaries.
Asset Protection
Wealth Preservation or Financial Risk Management
Implementing proven strategies to shield assets from potential creditors, lawsuits, or other financial risks.
Business Formation
Formation and Tax Planning
Advising clients on the appropriate business structure, such as LLCs, corporations, or partnerships, and assisting with the necessary legal documentation
Mark Fishbein, Tucson Estate Planner
Mark is an Experienced Estate Planner with Empathy!
Mark Fishbein, a seasoned estate planner based in Tucson, has garnered significant expertise to serve his clients optimally. As the founder of ALTA Estate Services, LLC, Mr. Fishbein has been recognized by numerous professional organizations for his skill, empathy, and professionalism while managing sensitive and personal legal matters. Some of these organizations include the BBB of Southern Arizona, the Special Olympics Organization, and the Guardianships of Southern Arizona, among others.
ALTA Estate Services, LLC is an estate planning agency specializing in creating expert legal documentation for Wills, Family Trusts, Medical Powers of Attorney, and Business Licensing. With over four decades of experience, ALTA is committed to delivering top-notch legal documentation preparation for clients throughout Arizona.
A personal experience sparked mark's motivation to excel in estate planning: "I don't want anyone to go through the experiences I endured following my father's death." This event, which took place twenty years ago, shaped his practice philosophy, which he now calls "Peace of Mind."
Having practiced law for nearly 40 years, Mark Fishbein specialized in estate planning, business and corporate planning, and asset protection planning. His legal career began with administrating his father's estate, which inspired his focus on estate planning. Although he has retired from actively practicing law as a licensed attorney, Mark now leverages his extensive personal and professional experience to strengthen the ALTA team. Additionally, he holds copyright for his Trust and estate planning documents.
Education
Mark Fishbein, Tucson AZ: Syracuse University, College of Law; Syracuse, New York, May 1979
1979 Law School Moot Court; Dean’s List: 1978, 1979
Washington University, St. Louis, Missouri, Bachelor of Science, Business Administration, 1976
Dean’s List: 1974, 1975, 1976. Graduated with honors in the top 10% of class
Present Associations
Chairman of the Board, Guardianships of Southern Arizona; Southern Arizona Estate Planning Council; ALS Association of Southern Arizona; Southern Arizona Alzheimer Association; Accredited Member Southern Arizona Better Business Bureau; Salvation Army Advisory Board, Adult Rehabilitation Center, Tucson, AZ. Noted Speaker and Author. Click for more information about Family Trusts and Wills.
Proud member of the Tucson BBB.
Read More »
ALTA Estate Services’ Credentials
Among other professional organizations and associations, ALTA Estate Services, LLC is a certified legal document preparer company licensed by the Supreme Court of Arizona. In addition, ALTA Estate Services, LLC has been an Accredited Member of the Better Business Bureau of Southern Arizona for 20 years with an A+ rating. In addition ALTA is associated with such private organizations assisting the community and people with special needs as Guardianship of Southern Arizona, Beacon Foundation and Linkages of Southern Arizona.
Happy Clients of Alta Estate Services
Preserving your legacy in 3 simple steps
Step ONE
Employing legal and financial strategies to safeguard your assets.
Step TWO
Optimizing tax planning to minimize liabilities.
Step THREE
Establishing provisions for the care and well-being of your loved ones.
