A well-designed estate plan, based on either a trust or a will, is necessary to provide the directions family members and others need to carry out your wishes and to provide for your loved ones.
The most effective plans also provide directions for how you will be cared for and how your assets will be managed if you become incapacitated. Without such planning in place, it can be chaotic and very stressful for loved ones to determine how to deal with your affairs and property. It is even more important to have planning in place if you have minor children or other dependents who rely on you.
Our firm has deep experience in providing business owners and seniors with customized counsel and planning needed to address their unique circumstances.
Our services in this area include:
- Revocable living trusts and wills
- Power of attorney (POA) and other documents necessary for establishing authority over assets during incapacity
- Trust planning focused on minimizing estate and gift taxes
- Planning for difficult family situations
- Planning for clients without children or grandchildren
- Irrevocable trusts, including GRATs, IDGTs, and other trusts helpful for reducing taxes
- LLC formation & LLC operating agreements specially drafted to manage and pass on family properties and assets
- Cabin property trusts
- Prenuptial agreements
- Charitable trusts and other planned giving solutions
- Supplemental (Special) needs trusts for disabled family members
- Customized trust planning for clients in second marriages and/or with blended families and other unique situations
- Wills and estate planning for parents of minor children
- Updated or new estate planning for clients who have moved to Utah
- Counsel regarding owning property jointly with other people
