Best Discrimination Attorneys in Saint George, UT

Every client that walks through our doors has different needs. For this reason, we provide a free 30-minute estate planning consultation to help understand you as a person, and your individual needs. We offer a combination of hourly rate and flat fee structures, ensuring that you get the most value from our team possible. After your consultation and decision to hire us, you will leave with a clear expectation of cost and timeline and can expect regular communication throughout the process.

Transferring your checking and savings accounts into a revocable trust would not change your current accessibility to the accounts, or the account numbers. You would be able to continue using the current checks you have now. You will not lose access to your money if you have a revocable trust drafted. In fact, including your banking accounts in a revocable trust only adds security and peace of mind for the owners of the account, should anything happen to them.

Yes, you can. We often recommend doing that via a revocable trust. Typically, the policy holder will change the beneficiary of the policy to be the revocable trust. When the insured passes away, the trust will receive the proceeds of the policy. The remaining or successor trustee will be able to manage those proceeds because the policy was put into the revocable trust.

A revocable trust does not offer protection from creditors or lawsuits. Because a creator of a revocable trust retains full control of the assets within the trust, judicial systems are likely to allow creditors to pursue assets held within the trust as there is little separation between owner and asset. However, irrevocable trusts can offer asset protection at the expense of convenience. Irrevocable trusts are dissimilar from revocable trusts in that a third party manages and controls assets within the trust instead of the creator of the trust. Obviously, handing over control of your assets to another person brings some inherent risks, but the benefit is that assets within the irrevocable trust are protected from would-be creditors.

In answering this question, we want to assure you that it is all right if you are not an expert on establishing trusts, trust funding, or transferring assets (which is why you are at our website). We love assisting and educating our clients in estate planning subjects, so that they are more knowledgeable about relevant private and public estate matters. Our mission is to provide you expert, professional, and friendly help in navigating legal matters regarding your estate. Concerning private estate planning needs and required real estate documents, any documents that prove ownership of parcels and land is helpful. It is best if these documents show the transfer from the previous owner to you; warranty deeds and quit claim deeds are usually how this is shown. Warranty deeds are the most secure in validating ownership. Our paralegals are proficient at locating the necessary documents that are required for estate planning; you will not have to provide all of them yourself.