by Admin | Feb 2, 2012 | Estate Planning and Real Estate
A “trust” is a legal relationship created when one party (the “grantor”) transfers property to another (the “trustee”) to be held for the benefit of other persons (the “beneficiaries”). The term “trust” commonly refers to a written document such as a “Trust...
by Admin | Sep 28, 2011 | Estate Planning and Real Estate
There are several useful comparisons between a Will and a revocable Trust: a Will becomes effective only at death, but a Trust becomes effective when signed and funded a Will must be approved by probate court to become effective after death; a Trust needs no such...
by Admin | Sep 27, 2011 | Estate Planning and Real Estate
by Brent R. Armstrong Estate planning involves three inevitable factors — death, taxes and clients’ misconceptions. This article attempts to clarify some of the more persistent notions held by some clients. This article is based on federal and Utah law....
by Admin | Sep 27, 2011 | Estate Planning and Real Estate
“Tangible personal property” includes items such as jewelry, mementos, hobby items, collections, tools, books, scriptures, pets, genealogy, heirlooms and sentimental items. Utah law allows persons making a Will or Trust to create a separate list that...
by Admin | Sep 23, 2011 | Estate Planning and Real Estate
Common Myths About Utah Estate...
by mhess | Aug 5, 2011 | Estate Planning and Real Estate
Items For New Clients to Assemble Before Initial Meeting on Estate Planning Prepare list of family members (names, dates of birth, current addresses) Prepare list of your major assets–giving simple description, approximate current value, current ownership and...
