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The Hazards of Self-Funded Trusts

Subtitle:  Self-Funding Your Trust? Why Mess Up a Perfectly Good Estate Plan? As I mentioned in my blog of October 16th (link), one of the reasons most trusts don’t work is that they haven’t been properly funded. Funding is the process of changing ownership of your...

4 Reasons Why Most Estate Plans Just Don’t Work!

I know – that seems like an odd title for a blog post by an estate planning attorney, but it’s true! First of all, let’s start by talking about what I mean by using the word “work” in my title.  When I talk about plans that “work”, I mean a plan that meets your...

4 Tips for Creating an Estate Plan that Works!

In a study conducted by caring.com in 2015, only 56% of American households had a will or a living trust. While most of us understand the importance of having a will in place, especially in seeing to the needs of a young family, there is still an unexplained...

What Do We Tell the Children?

You have hired an experienced and knowledgeable estate planning attorney and you have discussed, planned, and implemented a trust that you feel confident in. While it is hoped that a smart planning strategy will resolve any anticipated conflicts between you and your...

Wills vs. Trusts: A Quick & Simple Reference Guide

Confused about the differences between wills and trusts?  If so, you’re not alone. Here’s a quick and simple reference guide: What Revocable Living Trusts Do – That Wills Can’t Avoid a conservatorship and guardianship. A revocable living trust allows you to authorize...

Prenups: Why you need one and pitfalls to avoid!

The Big Bang Theory actress Kaley Cuoco is one of the highest paid actresses on television. She earns one million dollars per episode and has a net worth of $44 million. Before she married tennis star Ryan Sweeting in 2013, Cuoco asked him to sign a prenuptial...

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Law Office of Russell M. Blood, P.C.
10808 S. River Front Parkway, Suite 175, South Jordan, UT 84095
(801) 263-0132