Many people are familiar with Trusts. In recent years, a Trust has become a popular Will substitute. Many people have decided to use a Trust as opposed to a Will in doing their Estate Planning. The primary purpose is to avoid probate and maintain privacy at the time of one’s death.
Christmas is almost here. Many people started Christmas shopping a month ago. Unfortunately, I usually struggle up to the final days to know what to get my family.
In many ways, gifts have become more complicated and yet often less meaningful.
There is no doubt that the world we live in […]
Thanksgiving brings great memories. As a young boy growing up, I loved meeting at grandma’s house on 21st Street in old Las Vegas.
We crammed cousins and uncles in every corner of the house and a spirit of thanks and gratitude prevailed. Just before my 17th birthday, my grandma died and […]
Throughout my twenty years as an estate planning attorney, I have experienced the effects of the above question. Too often, the problem has been that estate planning has not been discussed. I always advise my clients to let their family members know that they have done estate planning and where the […]
Many people have pets that they are devoted and attached to. Perhaps you are concerned about what would happen to your pets if you were no longer able to take care of them. Below are answers to the most commonly asked questions:
Can I provide for my pets if I am […]
Having been an estate planning attorney for almost twenty-one years, I have worked with many clients wanting to get married later in life. With proper planning, the experience can be wonderful!
However, it is critical that if you or someone you know is thinking about marriage later in life, that they […]
Even if you have never signed a will or trust, you have an estate plan. Some of you may be asking, “How?” The answer is the state has a “default estate plan” for those without their own.
In Utah (as in many states), if you die without an estate plan, the […]
You created a trust to avoid probate and facilitate the administration of your estate. This is a good decision. However, it is critical to know that trusts only avoid probate if your assets are transferred into the trust. This process of transferring assets to the trust is called funding the trust.
The knowledge that we will eventually die is one of the things that seems to distinguish humans from other living beings. At the same time, no one likes to dwell on the prospect of his or her own death. But if you postpone planning for your demise until it is too […]
I can still remember my first paycheck. I had worked a number of hours at Chuck E. Cheese in Las Vegas and had multiplied my $3.35 minimum wage per each hour. I knew the number and looked forward to my check.
I received the check from my employer with a smile. […]