_location_geocentric domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/parklinlaw_c_usr/data/www/parklinlaw.com/wp-includes/functions.php on line 6114While it may be a difficult topic to think about, estate planning is an important step you can take to protect the interests of your family. A well-prepared estate plan will help you ensure your wishes are carried out and your loved ones are taken care of once you’re gone. It can be a hard… Continue reading Estate Planning Mistakes That You Must Avoid
A comprehensive estate plan includes four estate planning documents. These documents include a will, a financial power of attorney, an advance care directive, and a living trust. A Will Distributes Assets. A will states who assumes ownership of your assets and belongings after you die. If you don’t write a will, your assets are distributed… Continue reading Estate Planning Considerations For Seniors In Utah
When it comes to estate tax planning, one of the most common questions Tax Lawyers receive is whether or not a Dynasty Trust is the proper tool for tax planning purposes. Presuming the State allows for Dynasty Trusts — the Dynasty Trust can be a great and effective tool for estate tax planning. But it… Continue reading Dynasty Trusts Planning Tool: Estate Vs. Income Tax
Unfortunately, no the Estate Tax Exemption does not solve or eliminate all the potential tax problems for your estate or your family. You should never rely on a large estate tax exemption as your reason not to do proper estate planning. First, the estate tax (death tax) exemption is not automatic and its application can… Continue reading Does The Estate Tax Exemption Solve All My Estate’s Tax Issues?
A will is a formal legal document detailing the disbursement of your assets. It is crucial to the success of an estate plan that your will be properly in accordance with state law. The laws governing the drawing up of wills vary considerably from state to state. For example, holographic wills (those written in a… Continue reading Do I Need A Will In Utah?
A revocable living trust is a popular estate planning tool that you can use to determine who will get your property when you die. Most living trusts are “revocable” because you can change them as your circumstances or wishes change. Revocable living trusts are “living” because you make them during your lifetime. A revocable living… Continue reading Do I Need A Revocable Living Trust In Utah?
State intestacy laws define the rights of inheritance if there is no valid will. But there are other state laws as well that may give a surviving spouse, children, and even grandchildren a legal right to claim an inheritance. This right may apply even if they were not named in your last will. Talk with… Continue reading Do Children Have A Right To Inherit?
Estate planning is the process of arranging for what will happen to your property when you die. (Whatever you own at your death is called your estate.) It can also include: making arrangements for the care of your young children in the event of your death planning for your own care and the care of… Continue reading Create An Estate Plan
If your loved one passed away without a will, Utah law provides several options for settling the affairs of his or her estate. Utah is one of several states that allows for independent administration of a person’s estate after he or she passes away without a will (also known as “intestate”). Independent administration is a… Continue reading Cost-effective Probate Alternatives When A Person Dies Without A Will
If you’re settling the estate of a deceased person who hasn’t left a will, you probably have more than a few questions about how the estate will be distributed. First, it’s important to understand that many kinds of assets aren’t passed by will, such as: life insurance proceeds real estate, bank accounts, and other assets… Continue reading Can You Probate An Estate Without A Will?
