In a culture of Do-It-Yourself, does it make sense to retain an attorney to complete your estate planning? We are all aware of the availability of legal documents on the Internet and the ease with which you can purchase a legal package to complete your own Will and some related documents.
Chances are you own items of personal property that have monetary and sentimental value. These items could be jewelry, antiques, art, heirlooms, furniture, or sporting goods that you want a certain child, grandchild, relative, friend, charity, or other organization to receive after your death.
You may not be concerned about who […]
Since we’re a few weeks into 2017, we invite you to remember to frequently revisit the goals you set for yourself. The key to keeping any resolution or goal is to make it specific and attainable. This year, we want to remind you of the importance of keeping your estate plan […]
When someone becomes incapacitated or passes away, you may find yourself in charge of administering a trust, or the decedent’s estate. You may have been nominated as successor trustee through a Trust, the personal representative (executor) through a Will, or the court may have appointed you to administer the estate. Here […]
Mickey Rooney, who earned tens of millions of dollars during his life, was reported to have only $18,000.00 when he passed away in 2014. Mr. Rooney appeared before the Senate Special Aging Committee in 2011 and testified he had been a victim of elder-abuse by his wife and stepchildren, stripped “of […]
It is a well-established fact that none of us will not get out of this life alive. Many of our clients wonder, “Who will take care of my remains when I die?” Some clients want to be buried in a specific cemetery, some want to be cremated and have creative ideas […]
Utah just adopted the Uniform Power of Attorney Act which went into effect May 10, 2016. There are some provisions in the new law that you should know about.
A Durable Power of Attorney allows the principal to authorize another person (your agent) to make financial decisions the principal specifies in […]
Many people have a misconception about estate planning. For example, many will avoid doing their estate planning because they believe their assets “aren’t worth much” and think estate planning would be a waste of time and money. The reality is that estate planning is necessary for everyone — no matter the […]
You are getting married — for the second time. While everyone is congratulating you on finding love again, your children are encouraging you to complete a prenuptial agreement. Why are your children so concerned about your new life? Are they overreacting?
Most children who have experienced a parent in a second […]
As healthy adults we can usually manage our financial and medical affairs; however, life-changing events can occur which make that impossible. Have you considered who will manage your affairs if you have a stroke, an accident, end up in a coma, develop a debilitating illness or dementia, or even take a […]