Do I need a will in Utah
if I am not married and have no children?
If
a person who is unmarried and has no children dies without a
will,
Utah's intestate succession laws dictate that his entire estate will
pass to his closest heirs. The estate will pass first to the
person's parents. If the person's parents have already died,
then
the estate will pass next to siblings. In most cases, either
parents or siblings will be alive and will inherit. But if no
living parents or siblings exist, Utah's intestate succession laws
provide a list of those relative next in line to inherit. If
no
living relatives exist at all (a very rare circumstance), then the
estate is received by the State of Utah for the benefit of the state
school fund. In no case will the person's intestate estate go
to
a non-relative. To learn how a will can be a critical part of
your estate plan, contact Utah
estate
planning attorney Stephen Howard today.
If a person
wants property to be given to
anyone other than those relatives designated as receiving heirs under
the intestate succession statutes, then creating a last will
and
testament is absolutely necessary to make those bequests. If
a
person is comfortable with the rules of inheritance set up by Utah's
intestate succession laws, it may be tempting to not create a will.
But the question of who will inherit is only one question to
consider in deciding whether to create a will and trust.
If
you own real estate (e.g., a home, condominium, or land), or if your
estate has other assets valued at more than $100,000, then a
probate
action in the Utah courts will be required to distribute or
transfer
those assets. The cost of filing a probate action includes at
a
minimum (as of 2013) a $360 filing fee. Add in attorney fees,
and
the cost of probate can easily exceed the cost of creating a will and
trust that will likely avoid the probate process in court entirely.
If
you have not created a will, there may be disputes over who should be
designated as your personal representative. While Utah
intestate
succession law determines who is to receive your estate, it is the
personal representative's responsibility to determine how to accomplish
that task. Should the estate be liquidated in its entirety
and
distributed as cash? Are there certain personal possessions
that
you would like specific individuals to receive? These
questions
are best answered by you. Without a will, it is the probate
court
that makes these decisions. Decisions made by a judge
regarding
your estate will almost never be exactly what you would have wanted.
If
you are comfortable leaving your estate to those individuals designated
as heirs under Utah intestate succession laws, if you have no
preference as to how your estate is actually distributed, if you have
no minor children who should have a guardian designated, and if you are
not concerned with creating the need for a probate action following
your death, then you may not need a will or other estate planning tools.
But if you are
concerned about any of these issues, then you should speak with an
estate planning attorney in Utah.
Contacting a Utah Estate Planning Attorney in Salt Lake City
Contact us today to
schedule an initial consultation with Utah
estate
planning attorney Stephen Howard, and learn how a will, trust, or other estate planning tools can help you.
Next Question:
Do I need a last will and testament in Utah if I have children, but am not married?
Estate Planning - Setting up a good estate plan requires more than filling out a free online form or downloading software. But a good estate plan does not have to be overly expensive. A good attorney can guide you through the process of determining what estate planning tools are right for you and your family, and then create personalized estate planning documents to protect you and your family, and give you the peace of mind you deserve.
Contact us today to start the process of setting up a personalized estate plan.
Estate Planning »
Criminal Defense -
A criminal conviction can carry serious consequences. If you are facing criminal prosecution in Utah, the assistance of an experienced criminal defense attorney can give you the best chance of raising a successful defense. Stephen Howard has years of experience successfully defending serious criminal charges ranging from capital murder to DUI.
Contact us today to see what the right attorney can do for you.
Criminal Defense
»
Family Law - The legal issues involved in Utah family law cases are some of the most important and personal issues you may ever face. Whether you are facing divorce, trying to obtain guardianship for a loved one, making plans to adopt, addressing child custody, support, alimony, or other legal matters relating to your family, choosing the right attorney to help you is a critical decision.
Contact us to get the help you need.
Family Law
»