Trusts and Probate

Utah Trusts and Probate Attorney - Ascione, Heideman & McKay, LLC

Asset Protection Lawyer

Clients of the Provo, Utah, business, commercial, real estate, and estate planning law firm of Ascione, Heideman & McKay, LLC, may choose to protect their business and personal assets through special needs trusts. These trusts are established to enable those who create the trusts to designate trustees who will preserve and manage assets for future generations.

To schedule an initial consultation with a Utah trusts and probate attorney, contact Ascione, Heideman & McKay, LLC.

Special Needs Trusts to Protect Assets of Businesses

A special needs trust designed to protect assets of a business will provide the legal tools necessary to allow a trustee to manage funds, including paying himself or herself a salary if that is desirable.

Pros and Cons of Probate

A great benefit of trusts is the avoidance of probate upon the death of the person who established the trusts. Assets are seamlessly transferable to the recipients designated by the trust. However, the trusts and probate lawyers of Ascione, Heideman & McKay, LLC, recommend that everyone put some assets through probate to ensure that the statute of limitations related to estates begins and ends. A pour over will is recommended to account for all assets not included in trusts.

To schedule a consultation regarding trust planning, trust valuations, family trusts, education trusts, or charitable trusts, contact Ascione, Heideman & McKay, LLC through this Web site.

Asset protection lawyers at the business and estate planning law firm Ascione, Heideman & McKay represent clients throughout the Provo, Utah area, from communities such as Orem, Sandy, Draper, Salt Lake, St. George, Alpine, Highland, and Lehi.

Washington County, Salt Lake County, Utah County