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Steps To Estate Preservation

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Estate planning is a process that involves making advanced plans for end-of-life issues and for property and assets when one passes away. Any person may become sick or hurt, creating a situation where they need nursing care or where tough choices must be made about medical treatment. Every person will eventually pass away, which cause… Continue reading Steps To Estate Preservation

Trust Division In Utah

Advantages Of Using A Trust Over A Will

Estate planning is essential for preparing your assets and property to be managed, preserved, and distributed to the right beneficiaries and in the manner you choose following your death. While most people assume a will is sufficient for ensuring that their estate is properly handled, an estate plan must include several additional legal documents to… Continue reading Trust Division In Utah

Trust In Utah Explained

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A trust is the legal relationship between one person, the trustee, having an equitable ownership or management of certain property and another person, the beneficiary, owning the legal title to that property. The beneficiary is entitled to the performance of certain duties and the exercise of certain powers by the trustee, which performance may be… Continue reading Trust In Utah Explained

Utah Inheritance Tax

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The following descriptions of the estate and gift tax systems are for general information purposes only. They should not be relied upon in making estate planning decisions. They are intended only to give a general understanding of how these systems work so that the reader can have a more informed conversation with the estate planning… Continue reading Utah Inheritance Tax

Utah Courts

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How to Dress for a Court Hearing Whether you are representing yourself or have an attorney, you need to look as professional as possible when you go to court. Now is the time to put aside your shorts, torn jeans, and see-through shirts. Instead, you need to imagine that you are going to church or… Continue reading Utah Courts

Utah Law On The Recovery Of Debt Upon The Death Of A Debtor

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It is the duty of the estate executor to pay outstanding debts from the deceased person’s estate during the estate administration or probate process. Typically, heirs are not responsible for paying the debts of the deceased, regardless of what some debt collectors may want you to believe. You may be responsible for repaying a debt… Continue reading Utah Law On The Recovery Of Debt Upon The Death Of A Debtor

Trust Lawyers Utah

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A trust is a fiduciary relationship in which one party, known as a trustor, gives another party, the trustee, the right to hold title to property or assets for the benefit of a third party, the beneficiary. Trusts are established to provide legal protection for the trustor’s assets, to make sure those assets are distributed… Continue reading Trust Lawyers Utah

Valid Estate Planning Utah

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If you’ve got people in your life who you love and want to take care of, it’s wise to build an estate plan. This plan, which you can put together with the help of an estate planning specialist, will make sure loved ones are taken care of in the event of your death. An estate… Continue reading Valid Estate Planning Utah

What Are My Rights Of Having A Life Estate In Property?

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A life estate is something to consider during estate planning. When the creator of the life estate (the grantor) signs a life estate, they are in effect passing part of the ownership of a home to another person. This could be thought of as a way to pre-gift your home to your heirs while still… Continue reading What Are My Rights Of Having A Life Estate In Property?

Trust Process In Utah

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A trust is an arrangement under which one person, called a trustee, holds legal title to property for another person, called a beneficiary. You can be the trustee of your own living trust, keeping full control over all property held in trust. A “living trust” (also called an “inter vivo” trust by lawyers who can’t… Continue reading Trust Process In Utah