Wills and Trusts

5 Tips from a Provo Will and Trust Lawyer

 There’s a lot that goes into estate planning, so it’s not a particularly simple process.  That said, there are some simple things you can keep in mind when gearing up to work with your Provo will and trust lawyer.

Estate Planning Tip #1:  Make a Will

When it comes to estate planning, one of the most important things you can do is create a will with your lawyer.  This document will leave written instructions of your wishes.  While you may assume that everyone already knows what you want, that doesn’t mean that the courts will care.  When you have a will, you’re making it legal.

Can Your Children’s Spouses Inherit from You? | American Fork Will and Trust Lawyer

Will and trust lawyers in American Fork see plenty of situations where parents who love their children are not entirely in love with their children’s spouses.  This can make the estate planning process a little tricky, because the spouse can add tension and stir up drama that wouldn’t have been there otherwise.  While some people include their sons-and-daughters-in-law in the planning process, it’s not all that unusual to leave them out.

Learning More about Wills and Trusts Lawyers in Utah

Residents of Utah often find themselves procrastinating, even if they know the importance of meeting with a wills and trusts lawyer.  The whole subject just seems so complicated, and there are certainly more enjoyable ways to spend one’s time then pondering death and taxes.  The fact that things can be really confusing seems to give us all the encouragement we need to just tell ourselves that we’ll take care of the estate planning stuff “later.”

Of course, you know what I’m going to say next!  You never know when “later” is going to make an appearance, and if you’re not set up in advance, all the legal advice about wills and trusts in the world won’t be of any help.  Yes, this truly is something you need to do in advance.  Perhaps demystifying some of the terms involved with wills and trusts will give you the confidence you need to take the next step.

Should You Create Your Own Wills and Trusts in American Fork?

 We live in an incredible age where all kinds of information is right at our fingertips via the Internet.  We have more power to learn and do things for ourselves than at any other time in history.  This is great for empowerment and building knowledge, but it can occasionally get us into a little trouble.

For example, wills and trusts lawyers in American Fork are finding that they often have to educate potential clients on the dangers of do-it-yourself estate planning products that can be found online.  While these products certainly seem like they can save money in lawyer’s fees, it’s a really good idea to examine them more closely.  A short-term payoff now will often lead to major financial implications later.

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