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beneficiary designation - Parklin Law

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Probate in Utah

Demystifying Probate: A Guide To Settling Estates & Distributing Assets Are you feeling overwhelmed by the process of probate? Unsure of where to begin or what steps to take? Don't worry, you're not alone. Probate can be a complex and confusing process, but fear not – we are here to demystify it for you. Welcome… Continue reading Probate in Utah

Creditor Claims Against Retirement Assets

Creditor Claims Against Retirement Assets

Creditor Claims Against Retirement Assets Creditor claims is defined as written claim filed in federal bankruptcy court by a person or entity owed money by a debtor who has filed for bankruptcy. A written claim filed in probate court by a person or entity owed money by a person who has died. State law sets… Continue reading Creditor Claims Against Retirement Assets

Beneficiary Designation And Estate Planning

Beneficiary Designation And Estate Planning

Beneficiary Designation And Estate Planning A beneficiary designation is the act of naming the person who will inherit an asset in the event of the account owner’s passing. Some common examples include life insurance policies and retirement accounts. When the account owner passes away, their assets are then transferred to the beneficiary that they designated.… Continue reading Beneficiary Designation And Estate Planning