Learn about estate planning in Utah. Our lawyers provide you with valuable information on wills, trusts, and probate matters.
According to a new Caring.com survey, “A staggering 78 percent of millennials (ages 18-36) do not have a will. Even more surprising is that 64 percent of Generation X (ages 37 to 52) doesn’t have a will…” ______________ “Just 4 out of 10 adults have a will.” Hi! Samantha here, Jack Helgesen’s [...]
If you have a lot of property and other assets, it’s likely that at some point you will want to create a Trust. When you do create a Trust, you’ll have to appoint a Trustee. A Trustee is someone in charge of handling and distributing the assets of a Trust to the beneficiaries. This article [...]
[BEGIN VIDEO TRANSCRIPT] Hi, I'm Jack Helgesen one of the lawyers with Helgesen Law. I'm here to discuss with you today the number one mistake people make with a family trust - and we see this a lot - it's understandable. But before I tell you what the one mistake is, I want to talk [...]
[VIDEO TRANSCRIPT] Hi, I'm Jack Helgesen, one of the lawyers with Helgesen Law. I'm here to discuss with you today the number one mistake people make with a family trust, and we see this a lot- it's understandable. But before I tell you what the one mistake is, I want to talk to you a [...]
[VIDEO TRANSCRIPT] Hi friends, I'm Jack Helgesen and I'm here to talk to you about the fascinating topic of the difference between wills and trusts and I'm going to try to keep it basic and understandable. So let me start with wills. I think you're going to understand that a little easier. A will is [...]
An asset protection trust is a trust that is intended to protect assets and property from future creditors. As part of preparing an estate plan, an individual decides what happens to his or her property after he or she passes away. The individual must also decide on how the property transferred to the trust will [...]
Most people know who they want to receive their property and possessions when they pass away, so why don’t people make their wishes known by preparing an estate plan? Susan had been married to her husband, Adam, for nearly thirteen years when he unexpectedly passed away as a result of heart failure. Three years prior [...]
This is a very important question of Utah law. Very few people really understand how property is transferred after death, and the answer is essential to understanding Utah wills, Utah trusts, Utah estate planning and Utah probate. So, lets make up a story and see how it works. George is a rich Utah widower. Gina [...]
Viera and her late husband Ben died believing they left everything equally to their children because it was written in their last wills. They were wrong. Viera lived fourteen years after Ben died. Their divorced daughter Lucy moved in with Viera and became Viera's primary caretaker in the eight years following her stroke. For convenience, [...]
Many people ask us about the basics of a good estate plan. This is what we discuss: Planning for the preservation and transfer of a person’s property after their death is called "estate planning." A good estate plan may include: a last will a revocable trust an irrevocable trust a special needs trust an asset [...]
