Arizona Living Trust Portfolios
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Mike On Money

August 27th, 2025. Well it’s time to add to my blog. Seems like the Covid ordeal put a damper on posting. This blog post is about disinheritance actions. I can say very honestly that this subject is one of the most controversial consulting areas in my legal documents practice. When I am hired to draft legal documents in estate planning that limit or completely disinherit a child or grandchild, my heart starts beating faster. I have had to do it a lot over my long career and it never sets well with me. However, the dictate to create terms of disinheritance for offspring does have value in the estate planning arena.

Perhaps, more and more children, grandchildren in the past few decades have gone against the wishes of their parents or grandparents and acted in ways, (including inactions as well) that did not please the estate client who after much deliberation, has come down to dictating this legal move to remind them, after the death, that there was a cost to pay for certain habits, actions, in-actions, harmfully spoken words in anger never recalled, abandonment of visiting, etc.

I hate to see the “hammer” come down this way after a client dies, but they are in charge at the time they draft and they have their reasons to restrict or eliminate certain beneficiaries, normally their own children, who they are unhappy about their lifestyle, habits, that have hurt the estate owner/s. So it is a way to remind after a death, the true cost of their actions. (or inactions) If this is something you are exploring, I have a lot of experience in drafting legal documents (Wills, Trusts) that will help carry out your wishes to disinherit someone. Smart attorneys can contest the provisions and try to prove a “senior” was not at full mental capacity when the disinheritance clauses were drafted. Or try to prove in a formal “contest” court filing they simply forgot them.

Just know, as much as I hate doing these, I have studied for years the best terms to draft so that the decision does not get amended by a Judge in a formal court contest filing. Since 2009, Arizona trust code law is pretty liberal in this area compared to other states (such as my home state of Iowa who will let a Judge disinherit you if you even get mad at a Executor or Trustee), as it takes a formal “contest” court procedure here in Arizona and an extremely clear and egregious situation in order to lose your share of an estate you were named a beneficiary (heir) of.

I close in saying the wording in Wills and Trusts will normally in most states contain language that you are to be treated as if you (and perhaps all of your offspring) are to be treated as if you pre-deceased the descendent. I tell clients that in honest frank language, (without practicing law of course), that this pretty well means you are “dead” to the parent who disinherited you and thus, not able to get any share. Leaving other siblings to redivide the money and assets amongst themselves right in front of your eyes. (legally dead, personally very much alive).

A free 15 minute conference by Zoom or in person can discuss the general legal information pertaining to drafting such a provision in your Will or Trust with me. Call me at 1-800-782-2806 or email me at mdanderson@webfsi.com

I hope and pray this blog post does not apply to you!

M.D. Anderson

GREATEST ASSET

If you lose your health. You’ve lost your greatest asset.

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Yes, it is 100% true. If you lose your health, all the money in the world won’t mean much. In fact, those with really bad health and all the money in the world would probably trade if they knew in fact their good health could be restored.

It wasn’t more than a few weeks ago, the abuse of my body (not eating right, not exercising at all, being overweight 50 pounds, etc.) had taken it’s toll. In a few weeks from now I will turn the big 65, G_d willing. And that is a milestone in itself.

Yet, on April 13th, 2019 I stood up from my desk after working through weekends in tax season the past two weeks and for a few minutes…. I could not walk. My right leg was swelled up badly which has been a problem for the past couple years. But it was more this time. I was more or less paralyzed until some blood could evidently run down and motivate my legs to start moving.

That is what I call “hitting the wall”. Or maybe, falling off the wall like Humpty Dumpty. Thank goodness my real estate office partner was there to suggest I try a company product I saw her wearing for more than a year in my real estate office in Tempe. (Realty One Group Tempe)

She had been wearing Lifewave patches that she swore by for helping her maintain good health. I in turn, had been getting bigger, eating badly during tax season especially when stress is maxed out, and of course had not gone for a walk with my wife and son at night for quite a few years. (The last attempt failed after 3 blocks and I had to rest and slowly baby step back home)

Long story short, she put two X-39 stem cell therapy patches on me that Saturday in April. And in my 2/12 weeks since then, I have experienced the best health in probably 10 years or longer! I could talk about all the benefits I have received this short period of time and how I feel my bad health condition turned almost miraculously good. Just click a link above to learn more about how young stem cells can reverse some health conditions you may have.

Since going on the therapy, meaning I wear 1 or 2 X-39 patches each day (and yes I did sign up as a distributor so I can buy at wholesale prices), my physical condition has improved greatly. The right leg swells less and most of the time, is no bigger than the left. I walk quick and fast when i get out of a chair unless I have been it it for a long time. (I am almost 65 you know) And I just feel great with scary energy, a gift I had prayed for the past 20 years.

So, what does Lifewave and Stem cell therapy have to do with my company trust portfolio services and products? Everything! My mental acuity is sharp all day, naps are no longer needed during the day. And my work quality was always deemed to be very good with less mistakes than the norm of financial service providers. But now, you get my 43+ years of financial services + a sharper mind for a 65 year old practitioner. Can that be real? Well all I know is that clients and friends have been saying I look better, I look healthier, I seem different (I used to be pretty fun loving with clients trying to humor them and THAT has come back again.), my hair is turning darker (I haven’t done anything to it) and lastly, I seem to be in a better mood. (Oh my that meant I had become grumpy…)

But nothing speaks louder than a picture.

M.D. Anderson, President / Financial Strategies, Inc.

AZCLDP, Accountant, Realtor

Health IssuesMichael AndersonFInancial Strategies, Inc.Good Health, Bad Health, Lifewave Stem Cell TherapyComment