How Can Estate Planning Help Avoid Probate Court?
Taking steps to avoid probate court can be an important step in your overall estate plan. Not only can it help you keep more money in your pocket, but it can also ensure that your family is taken care of after your death.
Ways to avoid probate
Many people want to control their assets after they die. This includes real estate. The largest asset is usually the house. If it is in the deceased’s name, the house will need to go through the probate process. However, there are several ways to avoid probate.
The first way to avoid probate is to jointly own the property. This is a common strategy among couples. When one of the owners dies, the property automatically passes to the surviving partner.
Another way to avoid probate is to use a living trust. A trust is a legal entity, much like a will, but it is managed by a person called a trustee. The trustee will distribute the property according to the terms of the trust.
Payable-on-death
A payable-on-death (POD) account can also be a good way to avoid probate. When the owner of the account dies, their money will go to a designated beneficiary. These accounts are also often used for tax-free gifts.
Revocable trust
Other ways to avoid probate include using a revocable trust. A revocable trust allows you to put your assets into a trust during your lifetime. This will allow you to take control of the assets during your life, while still allowing the property to pass on to your beneficiaries.
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.
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Clearfield, Utah
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Clearfield, Utah
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City
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Clearfield City Municipal and Justice Center
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| Motto:
We’ve Got it Made
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Location in Davis County and the state of Utah.
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| Coordinates: 41°06′23″N 112°01′27″WCoordinates: 41°06′23″N 112°01′27″W | |
| Country | United States |
| State | Utah |
| County | Davis |
| Settled | 1877 |
| Incorporated | July 17, 1922 |
| Incorporated (city) | March 21, 1946 |
| Founded by | Richard Hamblin |
| Government
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| • Mayor | Mark Shepherd |
| Area | |
| • Total | 7.74 sq mi (20.06 km2) |
| • Land | 7.71 sq mi (19.98 km2) |
| • Water | 0.03 sq mi (0.08 km2) |
| Elevation | 4,465 ft (1,361 m) |
| Population | |
| • Total | 31,364 |
| • Density | 4,163.60/sq mi (1,607.57/km2) |
| Time zone | UTC−7 (Mountain (MST)) |
| • Summer (DST) | UTC−6 (MDT) |
| ZIP codes |
84015, 84016, 84089
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| Area code(s) | 385, 801 |
| FIPS code | 49-13850[4] |
| GNIS feature ID | 1439799[2] |
| Website | https://clearfield.city/ |
Clearfield is a city in Davis County, Utah, United States. The population was 31,364 at the 2020 census. The city grew rapidly during the 1940s, with the formation of Hill Air Force Base, and in the 1950s with the nationwide increase in suburb and “bedroom” community populations and has been steadily growing since then.
Clearfield is a principal city of the Ogden–Clearfield, Utah Metropolitan Statistical Area, which includes all of Davis, Morgan, and Weber counties.
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