Category Archives: Estate Planning
Estate Planning Considerations for Utah Business Owners
Estate planning is critical for all adults who own property in their name alone. For business owners in Utah, estate planning is even more important. Only with a solid estate plan can business owners ensure their business continues to operate after they pass away or become incapacitated, reduce tax burdens, and protect their family… Read More »
How an Advance Directive Can Protect You During a Medical Emergency
An advance health care directive is a way for you to state your health care wishes in writing before a medical emergency. This legal document informs your doctors and your loved ones what medical treatments you wish to receive, and which ones you do not, in the event that you are ever unable to… Read More »
Mistakes to Avoid When Naming Beneficiaries
When planning your estate, there are a number of different legal tools you can use. Many people first think of wills, trusts, and powers of attorney. However, beneficiary designations are also a big component of estate plans. Whether you are naming beneficiaries in your will, in a trust, or designating them on financial accounts,… Read More »
How to Update Your Estate Plan
Many people make the mistake of thinking that after they create an estate plan, they can store it in a safe place and forget about it. This can have serious implications, as life and tax laws are bound to change and family dynamics shift, impacting the effectiveness of your plan. To avoid issues in… Read More »
Common Estate Planning Mistakes to Avoid
Estate planning is one of the most loving and responsible things you can do for you and your family. With a thorough estate plan, you can ensure that family members receive certain assets after you pass away, name a guardian for your minor children, and more. Careful care is necessary when planning your estate,… Read More »
Key Components to Include in Your Estate Plan
Creating a comprehensive estate plan is about much more than just writing a will. It is about developing a strategy that will provide for your loved ones, protect your assets, and ensure that your wishes are respected. Drafting a well-structured plan can also minimize probate complexities, prevent family disputes, and give you peace of… Read More »
What are the Biggest Benefits of Establishing a Trust in Utah?
When people embark on estate planning, they have many options to consider. Although most people understand that a will is the foundation of their plan, there are many other tools that serve other purposes a will alone cannot. One of these options is to establish a trust. Below, our Utah estate planning attorney outlines… Read More »
Things to Know Before Establishing a Trust
Establishing a trust is one of the best ways to protect your property and ensure the distribution of it is smooth after you pass away. However, for individuals and families who are considering this step, there are many important factors to understand. Below, our Utah estate planning lawyer outlines things to know before establishing… Read More »
Important Provisions to Include in Your Will
Your family is important to you, and you want to protect them now, and in the future. One of the best ways to do this is to create an estate plan. Last wills and testaments, more commonly referred to simply as “wills,” are typically the foundation of an estate plan. Drafting a will ensures… Read More »
Tips for Choosing the Right Personal representative for Your Estate
The personal representative (sometimes called an “executor” but more commonly known as a personal representative in Utah) you name in your will plays a very important role in administering your estate after you pass away. It’s important to note that a personal representative is the individual that will administer your estate if you have… Read More »