A Utah Elder Law Estate plan is a legal document that is created by an individual or couple to ensure that their wishes are carried out in the event of their death or incapacity. It is specifically designed for seniors or elderly individuals who want to protect their assets and provide for their loved ones.
An Elder Law Estate plan typically includes several legal documents, such as a last will and testament, a durable power of attorney, a living will, and a trust. Each of these documents serves a different purpose, but they all work together to provide a comprehensive plan that ensures an individual’s wishes are carried out.
In Utah, an Elder Law Estate plan is particularly important because it can help an individual or couple avoid probate court and reduce the amount of taxes owed on their estate. It can also help protect assets from Medicaid spend-down requirements and ensure that long-term care needs are met.
It is important to work with an experienced attorney who specializes in Elder Law Estate planning to ensure that the plan is tailored to an individual’s unique needs and circumstances. Contact Fillmore Spencer today to schedule a consultation with an Estate Planning attorney who can help you decide how to prepare yourself, your heirs and your assets for anything that might be ahead of you.
