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Trusts

Utah Tax and Estate planning | power of attorney | Reay Law Firm Utah.Law

[vc_row triangle_shape="no"][vc_column][vc_column_text]What is a Trust & Why Do I Need One? A trust is a legal instrument that safe-keeps assets intended for an individual or beneficiary. The creator of a trust (perhaps a parent or grandparent), is often the “trustee” or the manager of the trust. - Trusts are excellent estate planning tools and offer many advantages: - For example, if you have a child or grandchild who you know is not yet mature enough to wisely manage their money, a trust is an excellent tool to ensure that they receive your gift but at a time when...

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