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Living Trust for Individual Who is Single, Divorced or Widow or Widower with Children Utah Form

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Living Trust for Individual Who is Single, Divorced or Widow or Widower with Children Utah Form

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[Music] If you and your spouse have a joint Revocable Living Trust, you may wonder how does this work? What happens when the first spouse dies? So let's say you went to an attorney and they explained: here you and your spouse, you have a Revocable Living Trust. You're both the grantors and the creators of the Trust. You're both the Trustees of the Trust. You're both the Beneficiaries of the Trust and the Trust is intended to avoid Probate on the first spouse's death and on the second spouse's death, so you're feeling really good about the fact that you have this Trust in place. Next, step what happens when the first spouse dies? I encourage you to reach out to your Estate Planning lawyer that drafted it and say what am I supposed to do now? Because there are steps required to administer the Trust on the first spouse's death and a lot of times people don't do t

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