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Tag Archive: estate planning

  1. 5 Reasons to Have a Will

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    After our recent post on trusts vs. wills, we received questions for further breakdowns on each of these estate planning components.  In today’s post we will discuss the top 5 Reasons to Have a Will.

    Regardless of age or financial circumstances, everyone should have a will.

  2. Trust vs. Will: What is the Difference?

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    Trust vs. Will: What is the difference? While both are used to protect and transfer assets, each provide a different set of benefits.

    Regardless of which method you choose, it is important to have professional advisors (legal, investment, and tax). (more…)

  3. Why have a power of attorney?

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    Establishing and legally assigning a power of attorney provides the peace-of-mind of knowing your care will be in trusted hands. As defined by Utah Courts, a power of attorney is simply the legal document where one person, “principal,” gives another, “agent,” authority to act on their behalf.

    Agents granted authority to act on behalf of the principal must carry out the principal’s wishes, in addition to complying with other set protocol. (more…)

  4. When should I start estate planning?

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    Although estate planning is often portrayed as something to do as you near retirement. The truth is, it is never too soon to have an estate plan in place.

    While planning for the unthinkable is not how many of us prefer to spend our time. It is essential, especially if you have young children. (more…)