Penalty Clauses

This week, Brent and Rachel sit down with T.J. Ryan to discuss the use of penalty clauses in estate planning documents. The three of them explain what a penalty clause is, what they look like, and how they are used in estate planning documents. They also get into how Arizona courts have applied penalty clauses in the past and how penalty clauses might be applied in the future to particular situations. T.J. Ryan is a trust and probate litigation and estate planning attorney at Frazer Ryan Goldberg & Arnold LLP. T.J. is a Fellow of the prestigious American College of Trust and Estate Counsel (ACTEC). He focuses his practice on personal and business planning, including estate planning, estate administration, business entity formation, and trust and probate litigation. T.J.’s contact information can be found at: https://www.frgalaw.com/attorneys/ryant. If you are enjoying the podcast please SUBSCRIBE and leave a REVIEW, and if you want to learn more about Brent and Rachel go to https://wealthandlaw.com/team/.