Estate Planning Frequently Asked Questions

 

Q. - Do I really need a will?

A. No, if you are fine with how the state will distribute your estate after your death. Utah law favors the surviving spouse and children in distributing assets when someone dies intestate (without a will). Most people would want to make distributions to people not mentioned in the statute, so most people should have a will to make their wishes clear to their family.

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Q. - When is it a good idea to add a trust to an estate plan?

A. -

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Q. - Should I start gifting money to my heirs in order to reduce the size of my estate?

A. -

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