Estate Planning In Orem, Utah

Find the right Estate Planning attorney in Orem, UT

Estate planning is a very broad term in Orem, Utah, referring to a person's arrangements on issues that affect them and their family toward the end of their life. These might include instructions for end-of-life care, as well as drafting a will or other document with the intent of disposing of one's property after their death.

The creation of a will (the document laying out what is to be done with your property after your death) is an essential element of an estate plan, but it is typically not the only element. There are many other necessary things that most estate plans should include.

Besides a will, a quality estate plan will include a living will, which gives your doctors and relatives instructions concerning your healthcare in the event that you become incapacitated, funeral arrangements, and instructions on organ donations.

For anyone who has children who are still minors, it is very crucial to make arrangements for their custody and care, just in case the unthinkable happens. You should think of a family member or very close friend who you know would be willing and able to take care of your children, and designate them as the person who would take custody. Of course, it's necessary to discuss this matter with that person before you truly do it.

What Type of Estate Plan Do I Need in Orem, Utah?

Obviously, this depends on your needs, which you will have to figure out for yourself. Some typical considerations in making this decision, however, are your health, age, and the amount of assets involved.

If you are young and unmarried, estate planning probably doesn't need to be on your radar, unless you are very ill, independently wealthy, or perhaps if you work in a very dangerous job, such as the military.

Individuals who are, for varied possible reasons, unwilling or unable to get married, but are in committed, lifelong relationships, are perhaps most in need of a good Orem, Utah estate plan. Because couples who aren't married don't automatically get any of the legal rights (such as hospital visitation, inheritance rights, and power of attorney) that come with marriage, they have to secure these rights through other means, such as wills and power of attorney agreements.

If you are elderly, and have a considerable amount of assets in Orem, Utah, estate planning may be more necessary at this stage of your life than any other. While estate planning deals with some morbid and unpleasant subjects (requiring us to confront the reality of our own mortality), it is necessary if you wish to live your life secure in the knowledge that your loved ones will be provided for to the extent that your assets allow.

Do I Need a Orem, Utah Estate Planning Attorney?

Estate planning in Orem, Utah is not always perplexing, but it certainly can be. In moderately-sized to large estates, with a substantial number of potential beneficiaries, it is crucial to have the assistance of an estate planning professional.

Talk to a Wills, Trusts & Estates Law Attorney now!

Life in Orem

Orem, Utah is a city of about 93,000 people, located in Utah County.

Orem has nicknamed itself "Family City USA," and, living up to this moniker, it was named by Forbes Magazine as one of the 10 best places in the United States to raise a family. Orem, Utah was named after Martin C. Orem, a railroad magnate who operated a railroad in the area, and served as an early catalyst for its economic growth. Orem was formally incorporated as a town in 1919.

For most of its history, Orem was a small agricultural community. However, the years following World War Two saw booms in the nation's economy, population, and standard of living. This led to a huge amount of farm land giving way to residential developments.

Modernly, Orem, Utah's economy is largely based around Utah Valley University, which is the second-largest public university in Utah, with over 28,000 undergraduates. Orem is also home to many local businesses, as well as regional offices of larger corporations, creating a varied job market.

If you live in Orem, Utah and need an attorney, you're in luck. There's probably at least one Orem, Utah lawyer who can handle your particular legal issue, no matter what area of law is involved. If you need legal advice, you should contact an Orem, Utah lawyer immediately.

Clients Rate LegalMatch Attorneys
(click to read reviews)

Regel B.
Regel B.

Wills, Trusts and Estates

Caldwell, LA

Brad M.
Brad M.

Wills, Trusts and Estates

Sussex, NJ

David L.
David L.

Wills, Trusts and Estates

Ashland, OH