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Show A-8 The Park Record Saturday, June 28, 1997 Wills, trUStS differ Marketplace 0 What every senior needs to know by Randall J. Holmgren SPECIAL TO THE RECORD I'art II - Winn Happens At your death, the person you've chosen to take charge of your trust steps in and follows your directions for the disposition of your estate. Because you owned no property in your own name, there's no need for probate. So there's no publicity and, compared to probate, very little expense, delay or inconvenience. As well as avoiding probate, a living trust can also help minimize estate taxes, which begin at 37 percent per-cent and rise to a maximum of 55 percent. The living trust also helps prevent pre-vent "living probate," the costly, public. and time-consuming process that appoints a guardian oer you and determines the details of your financial and physical physi-cal affairs while you are unable to do so for yourself. Living trusts aren't a new idea; their origins date back centuries. Moie importantly for Americans, the concept has been used in the U.S. since 1765. when Patrick Henry drafted a trust for Robert Morris, governor of the Colony of Virginia. During this century, proponents have included John F. Kennedy, William Waldorf Astor, John D. Rockefeller, H.L. Hunt and Bing Crosby. Consumer use is on the rise, as the public becomes more educated about the pitfalls of pro bate. Living trusts are not only for the wealthy. Everyone should have some form of an estate plan preferably based on a living trust no matter how large or small their estate might be. It's not just for the benefit of those you leave behind, it's something you can do for yourself to ensure your own peace of mind. When you consider that a living trust helps you plan for such contingencies con-tingencies as your own incapacity incapaci-ty which a will does not it's hard to argue against having one. Even attorneys who practice probate law can have little to say against the living trust. Of course, some will caution that a living trust only works if you transfer the title of your property to the trust. But living trust attorneys will tell you the same thing. That's often the distinction between an estate planning attorney attor-ney who understands living trusts and one who does not. The attorney attor-ney who focuses on living trusts in his or her practice will stress the importance of funding your trust, keeping it up-to-date, and ensuring ensur-ing that it stays in synch with your needs today, tomorrow and years from now. A living trust might cost a little more up front than a "loss leader" will, but in estate plans, as in most areas of life, you get what you pay for, and the bargain you buy today might just cost you or your heirs a fortune down the road. Randall J. Holmgren, attorney at law, is a member of the Salt Lake City-based law firm of Holmgren & Mitton, L.C. Dining is Courtside at Racquet Club Natural gas prices will increase eight percent Continued from A-8 If approved by the PSC, the annual bill for a typical residential customer using 115 decatherms per year will increase from $511.02 to $551.84. according to Mountain Fuel, an average $40.82 increase, or about eight percent. Company spokesman Darren Shepherd attributed the increase to higher projected gas costs and a run-up in natural gas prices nationally nation-ally during the past winter. "The Public Service Commission typically acts fairly quickly on these requests, since there is no change to the company's compa-ny's profit picture," said Shepherd, who added that the Public Service Commission is typically sympathetic sympa-thetic when costs increase but the utility is not requesting an increase in its profits. "We're asking to pass along the higher prices we pay to acquire the resource, nothing more," he said. New owners remake Sneakers into neighborhood stopping place by Bruce Lewis OF THE RECORD STAFF Jeff Sugheir has been spending a lot of time Courtside at the Racquet Club lately, and a fair amount of time on airplanes. Sugheir and his partner Rick Ayish purchased the former Sneakers restaurant in January, and the most recent couple of months have seen a complete makeover of the facility. The restaurant, located upstairs at the Park City Racquet Club, offers a wide variety of menu items and catering services, Sugheir says. Restaurant patrons do not need to be members of the Racquet Club to dine. "We wanted Courtside to reflect the lifestyles and menu desires of the people who come to the Racquet Club," said Sugheir. The makeover has lightened up the decor and the menu echoes the results of surveys of Racquet Club users. While Courtside opens at 8:30 a.m., Monday through Saturday, Sugheir said the restaurant doesn't does-n't "cook breakfast;" per se, because that's not what the customers cus-tomers seemed to want. "We offer yoghurt, fruit, muffins, baked goods from Christine's, scones, toast, gourmet coffees all the things that people coming here have asked for," he said. A varied lunch menu is listed, ranging from healthy fare to traditional tradi-tional favorites such as hamburgers. hamburg-ers. Evening meals also provide a wide selection. "We try to offer everything our clientele wants," Sugheir said. "A customer can get anything from vegetarian to a good steak here." He said that the restaurant is purposely family-oriented, and that the menu prices are kept "family-friendly." "The operation has been a number of things over the years, UA1! IRISH PUB, RESTAURANT Nouj a pRivare c1u6 For mem&eRS I H Mi Hi MR MB Ml Ml Ml Ml Ml Ml Ml Ml Ml Ml Ml Ml Ml Ml Ml Ml Ml Ml Ml I (JJirh chis Coupon Receive TIuo For One dinneR CntRees! (equal or lesseR value) C;cpiRcs June 28. 1997 Live CDusic AppeaRing Tbnighr lRisha PaRish Acoustic Foth QulzaRist and join us 4ch of July (Uedsend foR a RaRe clu6 appearance 6y Rich (JJurnan Pu6 opens ar 4 pm daily. Located at 804 LoiueR CDain across Froid che cotun life c-mail us uxuui.niulliQan8pu6.com 658-0717 A Keep ic ' - : ! , - V - - - -"0 " f - Jl t: ?jc'' r "'v I XI ! y&fr I till ' : i : . f I S3 55 ii i I 1- :f: 1 I :: BRUCE VEWSIPARK RECORD Server Beth Osborne and co-owner Jeff Sugheir ready Courtside at the Racquet Club for the lunch crowd. The restaurant is located upstairs at the Park City Racquet Club, is open seven days a week, and offers dining with a view of the tennis courts and swimming pool. everything from a sports bar to fine dining," Sugheir said, "and perhaps it 'lost' its core customers because of all the changes. We're actively asking what people want, and we're working to give them what they request." Courtside's new owners have continued the catering business which operated out of its predecessor's prede-cessor's location, and many of the staff have stayed on with the new operation. "Catering Manager Mark Stedman continues his super work in that area," Sugheir stated. stat-ed. His work is well-known in the area. To illustrate, Sugheir listed the line-up for today's events which Courtside will cater and host. "We're doing a barbecue at one location, a sit-down dinner for 150 people at another loca tion, and we're hosting a buffet dinner and viewing of the Tyson-Holyfield Tyson-Holyfield prize fight here at Courtside," he said. The catering operation can provide all the food needed for weddings, meetings, indoor and outdoor events, at on-site and off-site events, Sugheir said. Stacey Nowahi presides over all food preparation as Courtside's food service manager. manag-er. Originally from Hawaii, Nowahi has 18 years' experience in food service, and has been in Park City for nine of those years. Courtside features a sports theme, in keeping with its location. loca-tion. "The people who come here are interested in sports it's part of their lifestyle," Sugheir said. The six televisions in the facility facili-ty including two big-screen models attest to the popularity of sports. Sugheir, currently a resident of Dayton, Ohio, and Park City condo owner, hopes that Courtside gives him reason to be in town more often permanently, permanent-ly, if possible. He and his wife are both employed by NCR Corporation in Dayton. "I love the outdoors lifestyle, especially fly-fishing, skiing and camping," he said. "We're going to do everything we can, and, with success, the restaurant will be a bridge for us from the corporate cor-porate life to Park City." More information on Courtside at the Racquet Club's events can be found by calling the restaurant at 649-7742. The restaurant is open 8:30 a.m. to 10:30 p.m., Monday sthrough Saturday, and 11 a.m., until 7 p.m. on Sunday. 33Kr sf ()fllfe)r3isifc Introducing Dr. Christine M. Phillips Put, s Chiropractic is pleased to announce the opening of the Parle City office of Dr. Christine M. Phillips. Experience the benefits of chiropractic care - a conservative, drug-free approach of the healing arts. What is chiropractic? A Doctor of Chiropractic works to maintain a normally functioning nervous system through care and adjustment of the spinal vertebrae. When should I :hi len should I see a chiropractor r Chiropractic is beneficial if you're experiencing back or neck pain. 5ut spinal maintenance is actually the best way to prevent acute backaches. And because your nervous system affects your entire body, chiropractic care promotes tofcabody wellness! CDriginally from Menomonie, Wisconsin, Dr. Phillips received her bachelor of Science from Ripon College in Ripon, Wisconsin. A licensed Doctor of Chiropractic, Dr. Phillips graduated from Northwestern College of Chiropractic, in Sloomington, Minnesota. Everyone can benefit from chiropractic care. Call today to schedule an appointment with Dr. Phillips. o o Hi V irun, i i i' inp uii r II Til II . Phillips Chiropractic Serving the Family with Chiropractic Care 544 Parle Avenue, Suite 12 in the Old Tbwne business Center 60-655T08 |