The Role of Legacy in Estate

estate planning attorney Newton Utah

The Role of Legacy in Estate Planning

Leaving a legacy is something most of us consider at some point in our lives. It is a big task that requires a lot of thought and planning. This includes deciding how you would like your assets distributed.

Setting up the best plan

There are many different strategies to pass on your wares. This can include creating a will, setting up a trust, or giving your assets to charitable organizations. However, the best plan is one that you revisit every few years. It is also important to consider your own wishes and those of your loved ones. This will ensure your wishes are fulfilled when you pass away.

Legacy Plan

A legacy plan can also be a good way to protect your assets if you have an illness. Your family members may need to go to court to receive the authority to act. You could even designate a trusted individual to make decisions on your behalf.

A legacy plan might include a clever strategy to minimize estate taxes. You can accomplish this by distributing your wealth to beneficiaries who will be least affected by tax law changes. It may also be worth mentioning that the IRS has a special program for philanthropic organizations.

Estate Plan

Creating an estate plan is not for the faint of heart. It involves carefully analyzing your assets and preparing a comprehensive will. The right plan can allow you to leave a financial legacy for your children or grandchildren. This is especially true if you are a parent. You might also wish to set up a trust for your child if he or she suffers from a health condition.

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

Newton, Utah

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Newton, Utah
Newton Post Office, September 2012

Newton Post Office, September 2012
Location in Cache County and the state of Utah.

Location in Cache County and the state of Utah.
Coordinates: 41°51′40″N 111°59′24″WCoordinates41°51′40″N 111°59′24″W
Country United States
State Utah
County Cache
Named for ‘New Town’ separate from Clarkston

 • Mayor Mike Benson [1]
 • Council Members Jake Christiansen & Kent Fabricius & Brett Petersen & Jed Woodward

 • Total 0.86 sq mi (2.22 km2)
 • Land 0.86 sq mi (2.22 km2)
 • Water 0.00 sq mi (0.00 km2)

4,534 ft (1,382 m)

 • Total 789
 • Estimate 

 • Density 952.21/sq mi (367.87/km2)
Time zone UTC-7 (Mountain (MST))
 • Summer (DST) UTC-6 (MDT)
ZIP code
Area code 435
FIPS code 49-54550[5]
GNIS feature ID 1430705[3]

Newton is a town in Cache CountyUtah, United States. It was founded in 1869 by pioneers of the Church of Jesus Christ of Latter-day Saints. The population was 789 at the 2010 census. It is included in the Logan, Utah-Idaho Metropolitan Statistical Area.

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