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 trustbigstock-Senior-man-looking-at-camera-i-20986271
  • a special needs trust
  • an asset protection trust
  • powers of attorney
  • a Living Will (Utah Advance Health Care Directive)

Asset protection is also part of good estate planning for many seniors. It requires planning to:

  • eliminate or reduce taxes
  • protect your money and property from future creditors
  • protect you from losing your assets because of
  • disability or incompetence
  • anticipate and plan for nursing home or catastrophic medical expenses which might require medicaid, Veterans Aid and Attendance benefits,other public benefits
  • place inheritances you leave to irresponsible children or grandchildren in the hands of safe managers

You can call and meet with Jack Helgesen, Michael Houtz or Erik Helgesen at either of our locations:

We are happy to meet with you in a FREE INITIAL CONSULTATION to discuss your estate planning needs, including:

  • Utah Wills
  • Utah Living Trusts
  • Utah Advance Health Care Directives
  • Utah Powers of Attorney
  • Utah Revocable Trusts
  • Utah Irrevocable Trusts
  • Utah Asset Protection Trusts
  • Utah Legacy Trusts
  • Utah Special Needs Trusts
  • How to leave an inheritance to irresponsible children
  • How to avoid probate
  • Other estate planning issues

Experience counts…
Attorneys at Helgesen, Houtzand & Jones have planned more than a thousand estates. Our lead estate planner, Jack Helgesen, has degree in finance. He began his career planning large estates for retirees in Mesa, Arizona, and he has continued that work in Utah the last 32 years. He writes a regular Utah Elder Law column in Simply Seniors magazine, including frequent articles on Utah estate planning topics. He is a member of the National Association of Elder Law Attorneys (NAELA).