Ask Tom: What is a Living Trust?

One of the most common questions I hear when people are discussing planning their estate is, “Should I have a living trust?” My short answer to you is, “Yes.” In general, but not always, the approach for people who own their home and have some is investments is, “Yes.” I will explain why, but first…

BYU Management Society January Luncheon

The St. George Chapter of the BYU Management Society welcomes Bob Williams as their featured speaker for the January 18 luncheon held and the St. George Courtyard Marriott. Since April of 2014, Bob Williams is the publisher of the Daily Herald and heraldextra.com. Previously, he had been publisher of The Southern Illinoisan in Carbondale, IL,…

Are prenuptial agreements really necessary?

ASK TOM: Are prenuptial agreements really necessary? You are getting married — for the second time. While everyone is congratulating you on finding love again, your children are encouraging you to complete a prenuptial agreement. Why are your children so concerned about your new life? Are they overreacting? Most children who have experienced a parent…