Qualities To Look For In An Estate Planning Attorney
Estate planning can be a complex and tedious process
Getting your estate properly planned can be a tedious process, and one that needs to be completed carefully. Having a good attorney to help you through the process is important.
Here are some of the qualities to look for in valid estate planning Utah.
Creating a will to ensures that your possessions go to the people you want
A will helps your family and loved ones know who to turn to during a difficult time. The will also gives your family guidance on how to handle your affairs after you die. It can also help create a trust for a minor child or a pet.
Creating a trust is an important part of estate planning
It provides the opportunity to protect your assets, minimize taxes and distribute income. It can also simplify the probate process.
Choosing a type of trust is dependent on the type of assets you own and your desires for managing them. There are two main types of trusts: revocable and irrevocable. Revocable trusts allow you to control your assets during your lifetime.
You can set up a revocable trust with yourself or another person. Many people name themselves as the trustee, but you can also name an institution as the trustee. Banks and corporations often serve as trustees. They will charge you a fee for serving as a trustee.
An attorney should be someone you feel comfortable talking to. An estate planning Attorney will be able to help you through the process of drafting a will, trust, power of attorney, and other documents. They can usually prepare the first draft within a couple of weeks. In some cases, it can take longer.
Disclaimer: This is not legal advice and is simply an answer to a question and that if legal advice is sought to contact a licensed attorney in the appropriate jurisdiction.
Business Law Attorney Free Consultation
If you have any questions or in need a Estate Planning Attorney, we have the Best Attorneys in Utah. Please call this law firm for free consultation.
We help you with Estate Planning, Wills, Trusts, Power of Attorney, Health Care Directive, Estate Administration, Probate and More
When you need a Lawyer, contact this law firm:
Parklin Law
5772 W 8030 S, # N206
West Jordan UT 84081
(801) 618–0699
https://parklinlaw.com/estate-planing/
https://www.parklinlaw.com/
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