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Springdale, UT Will & Trust Lawyers

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You are not alone if you have put off the often difficult task of creating an estate plan. According to studies, only about 1 in 5 Americans over 55 have one! While thinking about your own death can be tough, most people do not think about the numerous burdens they relieve their family of by making a plan for their assets and property. When a person passes away without an estate plan (that includes a will and/or trust), they not only leave their family facing months of legal costs while the estate goes through the Utah probate process, but they also leave the distribution of their estate up to the court. 

ProvenLaw’s attorneys have over 95 years of combined legal experience and are dedicated to helping their clients create the most beneficial wills and trusts possible. Call our Springdale will and trust lawyers today to schedule a free consultation.

Springdale Will & Trust Lawyers

What’s The Difference Between A Will And A Trust?

Wills are a legal document that specifies what happens to your assets and property when you die. The standard will that most people are aware of is known as a testamentary will, but there are a few other kinds of wills that serve different purposes. Some examples are:

  • Living wills 
  • Pour-over wills 
  • Mutual wills 
  • And more!

While a holographic will (handwritten) and an oral will (verbally declared) exist, they are not legally recognized in Utah courts. Our Springdale will and trust lawyers are well-versed in state laws and keep current on any updates that influence them to guarantee that your will is legally compliant.

Trusts are not the same as wills, but they are still essential estate planning instruments. In fact, because of the many benefits they provide, many individuals opt for establishing a trust rather than creating a will. For one thing, trusts avoid probate and pass straight to your beneficiaries upon your death, keeping your estate out of court and within your family. Furthermore, trusts provide significant tax benefits. 

If you want to set up a trust, our Springdale will and trust lawyers will first ask you what you want to achieve with it. There are several sorts of trusts; therefore, determining your objectives first is critical! You may wish to manage property or money for young children, secure assets for your children if you have a mixed family, leave money to a special needs dependent, or put away money for a charity organization. Whatever your goals are, you can be certain that our firm will simplify the process every step of the way. 

Check And Update Your Will And Trust Often

Even if you have already established a will and/or a trust, it is a good idea to review and update your documents at least once every three years. These plans are not permanent and need to be amended to reflect changes in your personal and financial situations. Some landmarks that might prompt a review include:

  • Your marital status changed
  • You have had another child or grandchild
  • You moved to a different state
  • Your children have turned 18
  • There has been a major change to your family dynamics

At ProvenLaw, We Make Estate Planning Stress-Free

We understand that handling estate planning can feel overwhelming, but our firm is committed to easing any worries and tension you may have by emphasizing the positive impact you are making on your loved ones. We’ll provide you with a clearer understanding of your choices and provide you with knowledge about the document drafting process and its essential stages. We offer a complimentary consultation with our team; we’ll take the time to explore your individual objectives and specific circumstances in greater depth. Take action by contacting our Springdale’s will and trust legal team today!

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Springdale, UT Practice Areas

Tom and his staff were very helpful and patient in explaining everything to me because I had no idea what I was needing or doing. Very timely and extremely helpful. I have already recommended them to friends who knew I was going through the process.

Shawn J.

Tom and his staff were very helpful and patient in explaining everything to me because I had no idea what I was needing or doing. Very timely and extremely helpful. I have already recommended them to friends who knew I was going through the process.

Shawn J.

Proven Law

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