Wills and Probate
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Utah Wills and Probate
Are you struggling to cope with a loved one's recent death in Utah? Do you face a mountain of complex, fine-print probate legal documents on your table? Does the stack of estate plan papers seem like they were written in a foreign language? Do not despair. There is local help available in the form of competent, experienced, resourceful, problem-solving will and probate attorneys.
What Is an Estate Plan?
A Utah estate plan is a customized organizational tool that helps clients reach financial goals, preserve assets, and pass along wealth and assets to heirs and family members. In fact, the goal of most estate plans is to aide families in efforts at preserving and passing along their wealth to future generations, minimizing estate tax burdens, and avoiding probate expenses, headaches, and inconveniences. Estate plans frequently incorporate instruments like those set forth below, to help Utah’s residents meet their estate planning and administration objectives:
- Living, spendthrift, irrevocable, and totten trusts
- Powers of attorney
- Living, simple, and complex wills
- Family limited partnerships
- Charitable gifts
What You May Not Realize About Utah Probate Law
At first blush, there are some surprising aspects of Utah's probate law that you may not readily realize as an executor, trustee, or beneficiary. For example, if you are a beneficiary named in a will or trust, then you are entitled to receive a full accounting from the executor or trustee charged with administering the estate in question. There should be no ambiguity, open questions, or confusion among parties if the financial records are to be transparent and can be circulated to any qualified party who requests a copy.
Additionally, as a beneficiary of a will or trust, you are entitled to receive a copy of the original testamentary document, whether it is a will or trust. In a similar way, there should be no confusion, ambiguity, or vagueness about what provisions say, what property is involved, who are beneficiaries, and what specific bequests are made.
On the other hand, trustees and executors should not have to tolerate being badgered and bothered by persistent demands from unreasonable beneficiaries. Trustees should also not fear empty and idle threats from beneficiaries that litigation will be filed. As a trustee or executor, you are entitled to receive compensation for the lawful services you perform on behalf of the estate or trust, pursuant to Utah's probate law. In fact, a trustee or executor may even use trust or estate funds to pay for legal defense in litigation. Utah-based wills and probate lawyers can help you with accountings; obtaining copies of wills or trusts; prosecuting trustee abuse, fraud, or embezzlement; and defending baseless, harassing, and meritless beneficiary litigation.
Contact a Local Will and Probate Lawyer Today
Will attorneys in Utah can advise you on whether your will or trust is a legally valid instrument under state laws. You can rest comfortably and confidently, knowing you have done all that was necessary to avoid hefty tax burdens, fees, costs, and time delays, if you undertake estate planning and administration with the help of a local probate lawyer early. It does not pay to wait! The state's default intestate succession laws are harsh and may translate into loss of valuable property and assets for your loved ones. Call now to speak with a wills and probate attorney in Utah at 877-913-7222.