Category Archives: Utah Estate Planning Attorney Lawyer

Is an Estate Plan Right for me? Utah Attorney explains…


So I have received a question about estate planning – the question is: I don’t have a lot of assets and I’m not sure that I need an estate plan – do I really need to do estate planning?

I’ve made this short video – watch it and see if this helps –

Click on this link here — https://youtu.be/u940vJV9m6Y

The short answer is yes – you do need to do estate planning even if you don’t think that you do.

The longer answer is – of course – let me explain.

If you don’t do any estate planning, then we have to file a probate case for you in court. Probate means to prove and what we have to prove is that whomever is petitioning the court to be the personal representative of your estate is qualified to do so. That person they will get permission to sign their name as if they were you.

That person, once appointed, can then administer your estate. If someone doesn’t agree with what you are doing, that person can sue you – then you’re looking at additional court costs and attorneys fees. You probably have heard that the only ones who win in a lawsuit are the lawyers and there is some truth to that.

I’ve had clients where we have won their case after a long trial and my clients were still upset because they had to go through the who mess. Trust me – you don’t want to spend years in court – you want to move on with your life. You can’t move on if you’re being sued about an estate.

But if you do your estate planning and you get it done, then you never have to worry because the written documents will prevail and your personal representative will be the person you want appointed, not just whomever the state chooses – and the chance of lawsuits decreases because you’ve done your planning and it says exactly what will happen.

I hope this video has helped you. If you enjoyed the information in here, please like this video and subscribe to my channel.

Remember, if you live in West Jordan, Holladay, South Jordan, Taylorsville, Pepperwood, Cottonwood Heights, Salt Lake City, Sandy, Midvale, Riverton, Draper, Sandy City, Magna, North Salt Lake, Bountiful, Woods Cross, or Herriman Utah we are here to assist you with your estate planning.
We will do your will, your trust, health care directive, power of attorney, and even probate the case if necessary.
#UtahEstateLawyer
#MikeAnderson
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For those who live or own property in West Jordan, Holladay, South Jordan, Taylorsville, Pepperwood, Cottonwood Heights, Salt Lake City, Sandy, Midvale, Riverton, Draper, Sandy City, Magna, North Salt Lake, Bountiful, Woods Cross, or Herriman Utah.

 

 

Guardian Law LLC
8833 S. Redwood Road, Suite C
West Jordan, Utah
84088 United States
Telephone: (801) 876-5875

Probate Attorney Near Me

Someone asked if I knew where they could find a probate attorney near me.  That was funny I said, because I’m a probate lawyer.  He said, well, I though you only did estate plans, you know, the stuff you do before you die, not taking care of an estate after you die.

Too funny, isn’t it?

Sometimes, we don’t even know what exactly other do — but it’s oh so good to ask questions.

In this case, I was able to help him with his probate case.

Perhaps I can help you understand what it is that probate lawyers do and why you may need one if someone you know has passed away.

If you are looking for a probate lawyer in Utah, you’ve come to the right place.  That’s what we do.

Probate includes marshaling all of the deceased assets and having letters testamentary or letters of administration issues so that you can be appointed as the personal representative of the estate and administer the affairs of your relative, loved one, or friend.

Letter testamentary or letters of administration are legal documents issued by the Utah State Court which are signed by the clerk or judge of the court which give you (or the personal representative) the power and authority to legally administer the deceased person’s estate.

Without these “letters” you cannot legally do it.

Once you have the letters, you can act and pay the debts of the estate, claims can be made against the estate, and you can distribute the assets after an inventory has been completed and close out the probate case.

This is why you should get a probate lawyer near you to make sure that you do this correctly.

Probate cases in Utah are related to wills and trusts.  If the deceased did not have a will or a trust, then the law in Utah, called the intestacy statutes will come into play.

You really need to make sure you meed with a probate lawyer to make sure that you distribute the inheritance properly or you could be sued.

We also handle contested probate cases so we know all about these things.

I hope you found this helpful – if you need additional information, please remember that we offer a free initial consultation.  We are more than happy to speak with you on the phone and walk you thorough the probate process.

Our phone:  801-676-5507

Our office: 8833 South Redwood Road, Suite C, West Jordan, Utah 84088 – come by and visit us anytime between 8am and 5pm M-F

Remember, if you live in West Jordan, South Jordan, Bingham Canyon, Pepperwood, Cottonwood Heights, Salt Lake City, Sandy, Midvale, Riverton, Draper, Copperton, Magna, Alpine, Lehi, Tooele, North Salt Lake, Bountiful, Woods Cross, Lindon, Centerville, Orem, Park City, Farmington, Provo, Kaysville, Layton, Syracuse, Clearfield, Hill AFB, or Grantsville we are here to assist you with your probate case.

 

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#MikeAnderson

Are Estate Planning Costs Tax Deductible? 801-676-5507

Are estate planning costs tax deductible?

Well yes, they are; however, they are subject to the 2% deduction limit.  Additionally, the method to deduct your estate planning expenses, the IRS mandates that estate planning costs and fees should be for the use of the following 3 factors – First, they have to be for the production or collection of income – Second — they have to be for the express purposes of management, conservation or maintenance of property which is owned and controlled to actually produce income – or in the alternative, third, it must connect to the determination or collection or refund of any taxes.

 

So long as you can meet these critera – you pass.

 

The best source to review (if you really want to get into it, is IRS publication 529 – this goes over the 2% limit that I talk about and it also helps you understand how you can deduct estate planning costs from your taxes

 

I hope you found this helpful – if you did, please subscribe to my channel.  Please also like this video.  If you have other questions, please let me know and I will produce more videos to answer your questions.

 

Our phone:  801-676-5507

 

Our office: 8833 South Redwood Road, Suite C, West Jordan, Utah 84088 – come by and visit us anytime between 8am and 5pm M-F

 

Remember, if you live in West Jordan, South Jordan, Bingham Canyon, Pepperwood, Cottonwood Heights, Salt Lake City, Sandy, Midvale, Riverton, Draper, Copperton, Magna, Alpine, Lehi, Tooele, North Salt Lake, Bountiful, Woods Cross, Lindon, Centerville, Orem, Park City, Farmington, Provo, Kaysville, Layton, Syracuse, Clearfield, Hill AFB, or Grantsville we are here to assist you with your estate plan.

 

#UtahEstatePlanning

#AscentLawFirm

#MikeAnderson

 

Are Estate Planning costs tax deductible

Are Estate Planning costs tax deductible

Are Estate Planning costs tax deductible

Why do you need to get your estate planning done early?

Many of my clients are those who end up needing to have probate services done.

This means that we go to probate court.  We start a probate case and we go to court and get either letters testamentary or letters of administration from the district court.  Now, in Salt Lake County we file these cases in the Third District Court, Salt Lake Department which is located at 450 South State Street, downtown.  It’s the Mattheson Courthouse.  It’s a beautiful building.

But the probate calendar is at 8:30am.  Some people arrive late.  It is on what is known as a stacked calendar.  This means that all of the cases for that week are done at the exact same time.  This means that if your case is at 8:30am, so is the 76th case.  Everyone is there at the same time.

Now the probate judge is a rotating position that a district court judge will have for about 6-12 months.  After that, they will rotate to a different judge.  Each judge handles things a little bit differently.  Some a lot differently.

It’s important to know the personalty of the judge because if you don’t do things the way the judge wants them done, then your case could be continued, or you’ll have to make changes, or there will be other problems.

Now, if you don’t mind sitting around until your case is called inside a packed courtroom, then there shouldn’t be a problem for you.  Some clients of mine get anxiety and simply don’t want to be in court.  Now knowing for sure what the judge will do makes it hard as well.

We also don’t know how long we’ll have to wait.

Sometimes you don’t know if someone is going to object or file an opposition at the last moment to your petition.

This is why it’s always better to do your estate planning early.

If my client would have had a trust, we could have administered the entire trust in our office and we wouldn’t have had to pay the court fees, costs of administration, etc. – we just administer it here in our office.

That’s the nice thing about a living trust.

You should do your estate planning so no one has to go to court on your estate.

I hope you enjoyed this article.  Visit us again for more estate planning information.

 

 

How Often Do I Need To Update My Estate Plan?

So many people have asked me about wills trusts estate planning in the state of Utah that I needed to make this video and explain a little bit about the topic.

The actual question was: how often do I need to update my estate plan?  If you already have done your estate planning and you have a will and a trust, a durable power of attorney and your health care directive, congratulations!  That is great!  Now, just because you’ve done that, doesn’t mean that those documents won’t need to be updated at some point.

 

A little bit ago an older client came in who hadn’t updated his estate plan since 1982?  Imagine that!  You should also consider that the average will that is probated in the United States is about 30 years old.

 

So what should you do to make sure that your will and trust and overall estate plan doesn’t get outdated?

 

You should probably meet with your estate planning lawyer at least once a year.  Now, maybe that is overkill for some.  The real standard should be whenever there is a major or life event that happens.  For example – you have another child; or you won the lottery J — sorry, I couldn’t help that one; but if you start a business, close a business, have a child get married, you have a grandchild, you purchase a new property; get a boat, get a rental property; buy a beach house or cabin; when you retire, or when a family member dies – all of these are life events that can affect your estate plan.

 

Look – if you’re watching this video or reading this now, you probably realize that you need to speak with an estate planning attorney.  We can help you – give us a call.

 

Call me today for your free consultation

Utah Estate Planning Attorney
8833 S. Redwood Road, Suite C
West Jordan, Utah
84088 United States
Telephone: (801) 676-5507

We focus our practice on those who live in South Jordan, Salt Lake City, Pepperwood, Cottonwood Heights, Highland, Holladay, Sandy, Midvale, Riverton, Draper, Magna, Alpine, Herriman, Bluffdale, Lehi, Tooele, North Salt Lake, Bountiful, Woods Cross, Orem, Park City, Farmington, Provo, Camp Williams, or Grantsville.  But you should know that we have done probate and estate cases for people all over the United States and if you have a question, we offer a no-obligation free initial consultation, so feel free to give us a call –

 

I hope to hear from you soon.  Be sure to subscribe to my channel.  Please like this video.  Thanks!

 

 

wills trusts estate planning attorney Utah

wills trusts estate planning attorney Utah

wills trusts estate planning attorney Utah

 

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Who Needs Estate Planning

Who needs Estate planning?

I’ll tell you who needs an estate plan — you do!

Watch this video to understand more:

There is nothing worse than losing a loved one.

I know, I’ve lost my father.

It was a devastating experience.

You don’t want those who are left behind to wonder – hmmmm – what did they want us to do with the bank account?

Perhaps all of the kids will fight over it?

What if you have young children?

Do you really want your parents or the kids’ grandparents fighting over custody and guardianship of the children?

Of course you don’t.

That would be a mess.

There is no reason to do that.  Not now, not ever.

So make a choice right now that you will do your estate plan.

Get your house in order.

Do the right thing and do it now.

If you’re reading this blog post of mine – then you know that right now, right this second, is the moment of choice.  Now is when you should pick up your phone and call me to discuss your estate plan.  Now is how you accomplish the things you know you need to accomplish.  There is only one way to do it – and that is by working with an estate planning lawyer like myself, who will go over all of your estate wishes and start to put things in place.

Even if you are starting with a little or nothing – you can start and get things properly done.

We can make changes as we go – but at least you’ll finally have that comfort and peace that you’ve been searching for.  The peace of mind that you have put things in order and you are ready for whatever the future holds.

If I have been able to reach you, then you know this is right for you – please call my office 801-676-5507 right now and set up your free consultation.  If I am not in court or in a meeting, I’m happy to speak with you immediately over the phone.

You’ll know that I care about you and what your life situation brings.

You’ll know that I can get you where you want to go.

Okay, enough said.

I hope to hear from you soon.

Thanks for visiting.

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Michael R. Anderson, JD

Utah Estate Planning Attorney
8833 S. Redwood Road, Suite C
West Jordan, Utah
84088 United States
Telephone: (801) 676-5507

 

Estate Planning

4.9 stars – based on 45 reviews

Utah Estate Planning Attorney Lawyer

Yes, it’s here, my latest video about estate planning.

You know that I am a Utah Estate Planning Attorney Lawyer and that my goal is to help you understand what you need and why you need it.

I’ve been asked many times — do I need to have an estate plan?  I don’t own that much stuff, do I still need one?  Well yes of course you do.  Give me a call to discuss your estate and why you need one.

After you watch this video you’ll understand the need to get your estate in order before the government does it for you.

Sometimes it’s easy — and I think that this video explains why this should be easy for you to understand today.

Watch this video and you’ll see what I mean:

Now you know what I mean.

You see, you really do need to get your estate planning done.

Now is the time.

So let’s get started.  Give me a call and schedule your free initial consultation — you’ll be glad you did.

Until next time – be good and enjoy!

Michael R. Anderson, JD

Utah Estate Planning Attorney Lawyer
8833 S. Redwood Road, Suite C
West Jordan, Utah
84088 United States
Telephone: (801) 676-5507

Utah Estate Planning Attorney Lawyer

Rated 4.9/5 based on 16 reviews