Do I Need An Estate Lawyer To Create a Will or a Living Trust

estate planning attorney Elmo Utah

Do I Need an Estate Lawyer to Create a Will Or a Living Trust?

Having a living trust is a great way to keep your estate private and avoid probate. A living trust is a legal document that outlines your wishes and distributes your assets to your beneficiaries. While some people are able to set up a trust on their own, a lawyer can ensure you are getting the best outcome possible.

Setting up a living trust

Setting up a living trust can take a lot of work. You’ll need to gather relevant paperwork, hire a notary public, and name a successor trustee. Your successor trustee will be responsible for managing the property you leave behind until it matures. Your successor trustee should be someone you trust. It’s also a good idea to choose a person who will be responsible for the money.

Reasons for setting up a living trust

While not everyone will need trust, there are a few reasons you may want to set one up. Some of the benefits include saving time in the probate process, limiting your family’s exposure to the probate process, and avoiding thousands of dollars in fees.

Living trust

Having a living trust will make it easier for your family to manage your estate during your lifetime and after you’re gone. If you don’t have a trust, the process of transferring your property to your beneficiaries could take months or even years.

Consult an Estate Planning Attorney

Some states have a quicker probate process for small estates. These laws vary by state, and you should consult an estate planning attorney. If you don’t have a lot of assets, a simple will may be all you need.

Free consultation from one of the best Law Firms

If you have questions, you can get a free consultation with the Best Estate Planning Lawyers.

Parklin Law – Estate Planning Lawyer
5772 W 8030 S, # N206
West Jordan UT 84081
(801) 618-0699
Parklin Law Official Website
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Disclaimer: This is not legal advice and is simply an answer to a question and that if legal advice is sought to contact a licensed attorney in the appropriate jurisdiction.

When you need a Lawyer, contact this law firm:

Parklin Law

5772 W 8030 S, # N206
West Jordan UT 84081
(801) 618-0699
https://www.parklinlaw.com/
 

Elmo, Utah

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Elmo, Utah
Town hall and fire station

Town hall and fire station
Location in Emery County and the state of Utah

Location in Emery County and the state of Utah
Location of Utah in the United States

Location of Utah in the United States
Coordinates: 39°23′26″N 110°48′58″WCoordinates39°23′26″N 110°48′58″W
Country United States
State Utah
County Emery
Settled 1908
Incorporated 1935
Area

 • Total 0.70 sq mi (1.83 km2)
 • Land 0.70 sq mi (1.83 km2)
 • Water 0.00 sq mi (0.00 km2)
Elevation

 
5,692 ft (1,735 m)
Population

 (2010)
 • Total 418
 • Estimate 

(2019)[2]
402
 • Density 570.21/sq mi (220.12/km2)
Time zone UTC-7 (Mountain (MST))
 • Summer (DST) UTC-6 (MDT)
ZIP code
84521
Area code 435
FIPS code 49-22540[3]
GNIS feature ID 1427806[4]

Elmo is a town in Emery CountyUtah, United States. The population was 418 at the 2010 census,[5] up from 368 in 2000.

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