Wordpress get custom taxonomy function for loading all of the taxonomies and terms for a given post

get_taxonomy_and_terms_array.php

<?php

/**
 * Function is responsible for building a taxonomy/term
 * array for the given post type. This array will include
 * all taxonomy objects associated with the post type.
 * 
 * This function should be preloaded, normally by placing
 * it into your functions.php file.
 * 
 * @param string $post
 * @return Array|Ambigous <multitype:, WP_Error>
 */
function get_taxes_terms($post)
{
	//initializing
	$taxes = get_object_taxonomies($post);
	$args = array(
		'orderby' 	=> 'name', 
		'order' 	=> 'ASC', 
		'fields' 	=> 'all'
	);
	$taxTerms = array();
	
	if ($taxes)
	{
		foreach ($taxes as $taxName)
		{
			if (!isset($taxTerms[$taxName]))
			{
				$taxTerms[$taxName] = array();
			}
			$taxTerms[$taxName] = wp_get_object_terms( $post->ID, $taxName, $args );
		}
	}
	
	return $taxTerms;
}