Tailored Expertise In Estate Planning In Arizona
Brad:
Specialized Expertise
You know, it’s so true. I mean, I rely on my CPA, who specializes in real estate investors, instead of just my friend who owns a trucking company. Every situation is unique, right? I’ve made plenty of videos emphasizing that what worked for one person won’t necessarily work for you. And, Charles, you know as well as I do that especially with high-net-worth individuals—many of whom you likely encounter in Arizona—the more assets you acquire, the more complicated estate planning becomes.
When you own businesses and have employees, like I do, you have to consider things like who will handle payroll if something happens to you. Then there’s the issue of business partnerships. What happens if a partner passes away? How does the other partner buy them out? There are just so many moving parts to all of this.
The Real Estate Niche
Some people say, “Oh, just hire a general contractor.” No way! I work with specific trades, and my subcontractors all perform specialized tasks. I don’t just choose one general contractor. I know that one guy is exceptional with tile, and I even differentiate between him and another who excels at lower-end tile jobs.
I have specialists assigned to different levels of expertise, and I bring them in precisely when I need their specific skills. They know their craft, and they excel at it. It’s the same principle when it comes to legal and financial matters. If you need something specific, like I said, my CPA exclusively works with real estate investors. All of his clients are in that field. He understands the tax code related to real estate better than anyone else, which is why I choose to work with him instead of my trucking buddy’s CPA. It’s all about having that specialized knowledge.
Tailored Professional Advice
It ultimately comes down to finding the right professional for your specific situation. In our field, we frequently encounter people who say, “My financial advisor told me to do this.” While some of that advice may be valid, it doesn’t always address their unique needs. Sometimes, advisors are more focused on retaining clients than on providing tailored guidance.
A great financial advisor is undoubtedly a valuable asset. However, as you mentioned, if you need a cardiologist, you wouldn’t go to a podiatrist! Similarly, if you run a stop sign and cause an accident, you would call a criminal lawyer, not your estate planner or financial advisor.
Recognizing the Red Flags
The key is to find someone with a niche that aligns with your specific problem—whether it’s real estate, legal, or medical expertise. When you encounter attorneys who practice in multiple areas, such as bankruptcy, marijuana law, estate planning, and guardianships, it’s often a red flag. This typically indicates that they lack a focused practice and are simply accepting any case that comes their way.
𝐃𝐚𝐯𝐢𝐝 𝐆𝐞𝐫𝐬𝐳𝐞𝐰𝐬𝐤𝐢 𝐚𝐧𝐝 𝐄𝐥𝐢𝐳𝐚𝐛𝐞𝐭𝐡 𝐂𝐨𝐥𝐞 are attorneys at Citadel Law Firm in Chandler, Arizona, offering comprehensive legal services in estate planning, probate, trust administration, and asset protection. David brings a unique background in Wall Street, international business, and entrepreneurship, providing clients with holistic strategies that align with their financial goals. Elizabeth, formerly with the Arizona Attorney General’s Office, focuses on contested estates, guardianships, and probate litigation, leveraging virtual tools to serve clients efficiently and cost-effectively. Together, they deliver strategic, client-centered solutions backed by deep legal and financial insight. https://clfusa.com/