Randy Lish Attorney at Law Provo UT

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Having no heirs or surviving spouse can make   decisions more difficult. https://cnb.cx/39RjEWS
05/01/2021

Having no heirs or surviving spouse can make decisions more difficult. https://cnb.cx/39RjEWS

Estate planning is difficult enough for people with close family ties and friends. For those without them, here's what advisors suggest.

Assets must be properly titled so that upon death assets are distributed as intended.  https://bit.ly/3301QYt
04/29/2021

Assets must be properly titled so that upon death assets are distributed as intended.
https://bit.ly/3301QYt

Wills are a key part of estate planning, but to assure that your estate plan fulfills your intentions, speak with your attorney or planner on the proper titling of your assets.

Less than half of older Americans have legally stated their wishes should they become seriously ill, a new survey finds....
04/27/2021

Less than half of older Americans have legally stated their wishes should they become seriously ill, a new survey finds. https://bit.ly/3ecHkta

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Rather than put your loved ones through a difficult process that doesn't reflect your choices, take the time to write a ...
04/15/2021

Rather than put your loved ones through a difficult process that doesn't reflect your choices, take the time to write a will, and keep it updated throughout your life.

More than half of Americans haven't created a will. Don't let your legacy be the burden of choices and decisions you leave behind.

Whether it’s because you hit a certain milestone in life, or it's been a few years, it’s important to make sure your est...
04/14/2021

Whether it’s because you hit a certain milestone in life, or it's been a few years, it’s important to make sure your estate plan reflects your current wishes.

Think of estate planning like jury duty. It may seem like a hassle, but the moment you’ve completed your service it's a huge relief and you’re off the hook...for now.

Estate planning is a process, and some topics need to be revisited over time.
04/10/2021

Estate planning is a process, and some topics need to be revisited over time.

Consider these seven questions to make sure— it could help avoid confusion or fights.

It's important to update the beneficiaries on your various retirement accounts, especially after major life events such ...
04/08/2021

It's important to update the beneficiaries on your various retirement accounts, especially after major life events such as marriage, divorce, or the birth of a child.

Select your designated beneficiary so that your retirement account assets goes to the proper heir. This is especially important to do after major life events including marriage, divorce, the birth of a child or the death of a different family member.

The last thing anyone would want to deal with while mourning is complications in the inheritance process. As such, it's ...
03/27/2021

The last thing anyone would want to deal with while mourning is complications in the inheritance process. As such, it's crucial to ensure you have your affairs in order as soon as possible to avoid confusion and make sure that your will can be carried out as written.

There are three systems in the U.S. governing how individuals receive assets from a deceased family member, though one is more common than the others.

A contingent beneficiary is the person who will receive the benefits if the primary beneficiary has died, is unable to b...
03/25/2021

A contingent beneficiary is the person who will receive the benefits if the primary beneficiary has died, is unable to be located or, for whatever reason, refuses the payout.

If you have recently drawn up your will, or opened a new life insurance or retirement account, you may have come across the phrase “contingent beneficiary”. What is a contingent beneficiary and why [...]

A trust fund is an estate planning tool that anyone can use to ensure their assets are passed down as they wish, to frie...
03/20/2021

A trust fund is an estate planning tool that anyone can use to ensure their assets are passed down as they wish, to friends, family or a charity.

When you hear the word trust fund, you might think of the uber-wealthy giving their kids a big chunk of cash on their 25th birthday. But trust funds aren’t just for the rich. A trust fund is an estate planning tool that anyone can use to ensure their assets are passed down as they wish, to friends...

Just as life insurance provides a payout to your beneficiaries after you die, there are ways to ensure your loved ones r...
03/18/2021

Just as life insurance provides a payout to your beneficiaries after you die, there are ways to ensure your loved ones receive some, or all, of your investment account's assets.

Most investing apps offer transfer on death (TOD), trust accounts, or other estate options that transfer your investments to beneficiaries post-death.

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