American Academy of Estate Planning Attorneys

The American Academy of Estate Planning Attorneys was established in 1992. Mr. Holmgren has been an active member since 1995. Click here to visit his Academy website.

Long Life in Okinawa

Take a moment to watch this video from CNN on the amazing health and long life of Okinawans.

Seinfeld Has An Answer for Everything

In this classic Seinfeld episode, Jerry and Kramer discuss living wills. Although humorous, it makes a great point about the importance of this key document.


Utah's New Domestic Asset Protection Trust (DAPT)

Effective May 2013, the DAPT statute (or DAPT law) provides a powerful way to protect assets from various creditors and especially from lawsuits.

CLICK HERE for full, printable article.

Estate Planning & Divorce
Posted on May. 16, 2013

Many states -- including Utah -- have enacted laws (Utah Code Section 75-2-802) that automatically terminate death-beneficiary designations (e.g., in life insurance policies, IRAs, 401k’s, annuities) upon the divorce of the asset owner and that person’s spouse. This rule only applies to death-beneficiary designations that were revocable when created. The law tries to accomplish what state legislatures assume most divorced couples would want. The automatic termination does not apply to designations that were created as irrevocable designations. However, the law doesn’t answer two key questions: 

1) What if the asset owner dies before the divorce becomes final?

2) Will the asset owner name a new beneficiary before he or she dies? 

It's a good idea for a divorcing person to meet with an estate planning attorney while in the divorcing process. Large sums of money could end up in the wrong hands if the divorcing spouse dies unexpectedly.


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About Randy


I help clients prepare for their unexpected death or disability. Using legal documents such as Wills, Trusts, Power of Attorney, LLCs and more, we can ensure that your hard-earned assets go to the right people, at the right time, and in the right way–and are managed by someone who is competent, skilled and trustworthy.

I also help clients identify their non-monetary legacy (values, wisdom, principles, beliefs, life experiences, family name and a commitment to certain charitable causes) and how to effectively pass that legacy on to family and others.

Take time to consider the value of your life to others. Don't miss opportunities to leave a greater legacy than just money.

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