Estate Lawyer Mantua Utah

estate planning attorney Mantua Utah

How important is it to you to leave a financial inheritance for your children?

What’s the Importance of Leaving a Financial Inheritance For Your Kids?

Leaving a financial inheritance for your kids is not something to take lightly. A large percentage of parents pass away without leaving a financial legacy to their children. However, there are some things you can do to ensure that your kids are left in a healthy financial state when you’re gone.

Deciding the kind of inheritance

First, you need to decide what kind of inheritance you want to leave. You can leave everything to the kids, leave them a percentage of your estate, or split up your estate amongst them. You should also consider whether your children are already in college and how much your inheritance will affect their college financial aid. Leaving your kids an inheritance can also affect your estate tax bill.


You can also take your inheritance one step further by putting it in a trust. A trust allows you to specify who will receive your assets and how they will be used. A trust also allows you to avoid court-appointed guardianship. In addition, a trust can also protect your children’s assets from creditors and spouses. This means that you can leave your children the best of everything, but at the same time prevent them from spending your assets recklessly.

Living trust

The best way to do this is to create a living trust, which will act as a guardian and a manager of your assets. A living trust also allows you to name someone to make financial decisions on your behalf, as well as name a guardian for your minor children. The benefits of a trust include protecting your assets, allowing your kids to receive the inheritance you’ve worked so hard for, and saving you legal fees.

Managing assets

Another way to leave a financial inheritance for your kids is to designate a smart device to manage your assets for you. In this way, you can avoid a costly and time-consumingconsuming probate process. You can also designate a specific age at which your children should receive their inheritance. You may also want to consider leaving a bit of jewelry or other expensive items to the children in question. A living trust can also be used to protect your children’s inheritance from creditors.

Documents and records

Lastly, the best way to ensure that your children receive their inheritances is to make them aware of the appropriate documents and records. This can be as simple as leaving a notebook in their room, or as involved as introducing your children to an advisory team of professionals. There are many factors to consider when planning for the future, and an estate planning attorney can help you devise a strategy that’s right for you and your family.


The best way to ensure that your children receive the best possible inheritance is to create a plan and keep it updated. Leaving a financial inheritance for your kids can be a challenge, but the reward of having your kids in a better financial position after you’re gone will make it all worth it. The best way to keep the plan moving forward is to ensure that your children know exactly what you want.

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

When you need a Lawyer, contact this law firm:

Parklin Law

5772 W 8030 S, # N206
West Jordan UT 84081
(801) 618-0699

Mantua, Utah

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Mantua, Utah
Mantua, as seen from US-89/US-91, September 2008

Mantua, as seen from US-89/US-91, September 2008
Location of Mantua within Box Elder County and within the State of Utah

Location of Mantua within Box Elder County and within the State of Utah
Location of Utah within the United States

Location of Utah within the United States
Coordinates: 41°29′51″N 111°56′32″WCoordinates41°29′51″N 111°56′32″W
Country United States
State Utah
County Box Elder
Settled 1863
Incorporated 1911
Named for Mantua, Ohio

 • Type Mayor/Council
 • Mayor (vacant)[1]

 • Total 5.70 sq mi (14.8 km2)
 • Land 4.91 sq mi (12.7 km2)
 • Water 0.79 sq mi (2.0 km2)

5,200 ft (1,600 m)

 • Total 687
 • Estimate 

 • Density 196.25/sq mi (75.77/km2)
Time zone UTC-7 (Mountain Time Zone)
 • Summer (DST) UTC-6 (MDT)
ZIP code
Area code 435
FIPS code 49-47840[5]
GNIS feature ID 1443141[3]

Mantua (/ˈmæntəw/ MAN-tə-way or /ˈmænəw/ MAN-ə-way) is a town on the eastern edge Box Elder CountyUtah, United States.[3] The population of the town was 687 at the 2010 census.

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