As you enter your golden years, you must plan how to pass on your assets to your loved ones. It’s natural to feel overwhelmed when it comes to estate planning. But since you’ve poured your life into building your wealth, you would want to distribute it properly among your loved ones. When it comes to estate planning for seniors living … Read More
8 Estate Planning Tips for a Secure Retirement in Utah
If there’s one thing we often ignore in our twenties, it’s retirement. After all, why bother with something that seems so far away? However, the plans you make today can significantly impact your tomorrow. According to the 2023 Retirement Confidence Survey, only 64% of American workers feel confident about their retirement savings. As you prepare for retirement, it’s important to … Read More
The Essential Estate Planning Documents Every Family Must Have
Did you know 67% of Americans have no estate plan? That’s a surprisingly high number, considering how crucial it is to have one in place. Estate planning in Utah isn’t just about who gets your stuff, it’s about making sure your family isn’t left guessing and grappling with legal hurdles during an already tough time. When you bypass an estate … Read More
Estate Planning Mistakes to Avoid in Utah: Tips from Estates Planning Attorneys
Estate planning is a must-do, not a maybe. In Utah, skipping this step or messing it up can cause real headaches for your loved ones. Estate planning mistakes can upend your efforts to protect your family’s finances after your passing. So, whether you’re just starting to think about your estate plan or looking to refine an existing one, here are … Read More
The Role of an Estate Planning Attorney in Drafting Your Will
Estate planning is the process of articulating an individual’s preferences for the management of their asset and affairs in the event of their death or incapacitation. Comprehensive estate planning includes vital documents such as wills, trusts, health directives, and more. These are typically used to address critical issues like asset distribution and guardianship arrangements for children. While embarking on this … Read More
What is the Difference Between Elder Law and Estate Planning?
When a new client comes to see us, they’re often eager to confirm their assets pass on to their heirs with as little as possible in taxes/other expenses. However, while prepping for a future you won’t live to see is important, you’ll also need to address the bigger, more difficult question: “What happens if I live but can’t take care … Read More
Estate Planning for Unmarried Couples in Utah
Utah has always had a higher marriage rate than the national average. However, between 2011 and 2021, Utah’s marriage rate dropped 18.6%. It went from 27.3 to 22.3 marriages per 1,000 women. In other words, more and more Utahans are living together as unmarried couples. But what concerns us as a leading estate planning attorney in Utah is that unmarried couples aren’t taking estate … Read More
6 Reasons Why You Should Hire an Estate Planning Attorney
Believe it or not, almost everyone has an estate: whether it’s your home, car, real estate, checking/saving accounts, investments, life insurance, furniture, or other personal belongings. You’ve probably spent your entire life building it from the ground. But what happens to your possessions when you’re no longer around? Like 33% of Americans, you may want to dictate how your estate … Read More
Do You Need to Hire an Estate Planning Attorney?
Legally speaking, nearly everyone has an estate. Your estate consists of all the property you own, including your home, cars, furniture, bank accounts, and cash, among other things. You’ve probably worked very hard to acquire these assets. As a result, it may be worth your while to decide what happens to them once you pass away. This is what estate planning is … Read More