Phoenix office: 1850 N. Central Ave., Suite 2400, Phoenix, Arizona 85004 | Sun City office: 13250 N. Del Webb Blvd. Suite B Sun City, AZ 85351

Sharon Ravenscroft Estate Planning Blog

Welcome to my blog covering all things estate planning, family estate planning. business planning, wills, trusts & probate.

Sharon is a Shareholder of The Cavanagh Law Firm, P.A. which has offices in Phoenix and Sun City, Arizona. Sharon was born and raised in Phoenix, Arizona.


Sharon received her B.A., cum laude, in 1984 from Wellesley College and her J.D. in 1987 from the University of California, Hastings College of the Law, where she was a staff writer on the international law journal.


Simplifying the challenges related to family asset and estate legal issues is her focus for her clients.

New statutory changes have made doing business as an LLCs easier.

The statutes that govern a limited liability company ("LLC") have been updated in total. Chapter 7 of Title 10 now replaces the prior statut...
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Estate Tax Exclusion changes.

The estate tax exclusion has doubled with the new federal tax law which was passed this December 2017.A single person can now pass $11.2 million estat...
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What if I don't have a Will?

Protecting Families with an Estate Plan.  Most people think of Wills and death when they think of estate planning. However, the distribution of a...
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Twelve Top Ways to Use a Revocable Trust

As of the new year, the IRS raised the amount that can be passed estate tax free to $5.5 million. Each person can give this total amount as a gift dur...
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Does my trust need its own Tax Identification number?

​ If your trust is a revocable trust then your social security number can be used for any accounts titled in the name of the trust. You will not ...
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When visiting family, do I show them my Will?

When visiting family, do I show them my Will?
This holiday season when you're visiting your family you may be thinking that you want to talk to them about your estate plan: like your will or your trust or your powers of attorney. I recommend that my clients only tell their families where their original documents are and who their attorney is. If you give them copies at your holiday gatherings
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Avoiding Probate Guidance

Keeping the court out of your assets and business is not difficult but does require certain steps. Be sure all accounts in your name have a pay on dea...
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Why do assets need to be titled in Trust?

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Increase in the Estate Tax Exclusion- No change in the Present Gift Exclusion

The amount that can now be passed estate tax free is $5.45 million. With proper provisions in a trust or Will, a married couple can pass twice that amount or $10.9 million estate tax free when the couple both have died. There has not been any change to the annual present gift exemption which allows $15,000 to be given per recipient each year
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Discount on Estate Planning Updates in 2015

Have you been putting off updating your estate planning documents? From now until the end of 2015, any existing clients who sets an appointment to update their estate planning documents this year will receive a 15% discount on the attorney's fees. Are you a new client? Then you will receive at least 10% off the attorney's fees on the whole plan
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