Estate planning in Utah is a specialty field for many attorneys. They deal with Utah estate law on a daily bases. These specialty estate lawyers are located in Ogden, Salt Lake City and St. George. All across the state, a Utah estate planning attorney is ready to work with you. Finding one is as easy as filling out a form.
If
you are one of the many people who think that estate planning is only a
matter of writing a will, please read on. A will is a very small part
of an estate plan. A carefully crafted plan should allow your assets to
be passed on outside of probate court. A will may speed up the probate
process but it won't avoid it.
If you have ever been a
beneficiary to an estate in probate you should appreciate the value of
avoiding it. First off is the time frame, probate can take months or
longer, tying up the estate assets the whole time. Secondly is the
expense, as lawyers are usually hired to protect the different interests
involved. So whether you are paying an attorney by the hour, or just
waiting for your share of the settlement, it becomes a pain that could
have been avoided.
A
Utah estate planning attorney has many different tools at his disposal
for avoiding probate court, and yes, they are all perfectly legal. You
may be advised to create a living trust allowing your entire estate to
skip probate. Other tools involve assigning a different name to titles
and deeds. Bank accounts, investment accounts, real estate and trusts
should all avoid probate if handled correctly.
Don't forget to include the needs of children when working on your estate plan. This is the time to assign a guardian, should anything happen to you and your spouse at the same time. Your estate attorney could also help establish trust funds for all the minors you would like to include as heirs.
Financial and estate planning
are responsible steps to take and would show your family just how much
they mean to you. All these legal items require forms and documents and Legal Zoom is open 24/7 to provide them for you. Give them a chance before you make that drive across town for one piece of paper.
The
benefits of finding a qualified Utah estate planning attorney are
many. Take your time and visit with as many as it takes to find one you
feel comfortable with. You will be sharing a lot of personal financial
information with this person, to do so, a certain degree of comfort is
required. Legal Match is a good place to start looking, and there is never a fee unless you hire an attorney recommended by them.
We'd love to hear your comments or opinions. Submit them here and other visitors can read them and comment on them. An e-mail address is not required.
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