Larry C. Schafer
Larry Schafer's practice encompasses services of value to a
wide variety of business and individual clients.
Business owners and high net worth individuals benefit from
Larry's experience and skill in tax law, estate planning, and corporate and
business law, and a broader group of clients dealing with end-of-life issues
have also been served in the areas of guardianship, conservatorship, and probate
and trust administration.
He has served his country as an officer in the United States Army
(Judge Advocate General Corps,
1973-1978). In the community, he is a member of the Free & Accepted Masons of
An AV-Preeminent peer-rated lawyer by Martindale-Hubbell,
Larry is a member of the American Bar Association's Section on Taxation. In
addition to this law degree, which he earned at Arizona State University, Larry holds an LL.M. degree in Taxation from Georgetown
with Joint Tenancy Ownership In most cases, parents should not enter
into joint tenancy ownership with their children. If you want to avoid probate,
you can designate your children as the beneficiaries upon your death.
Tenancy Ownership Isn't Enough Joint tenancy designations are not
perfect. Joint tenancy tends to give people a false sense of security. Remember
that joint tenancy deals with only the transfer of title on death.
as an Alternative to a Trust Advantages include avoiding the cost and
time associated with probate, and the ability to set up a POD account without
the help of a lawyer.