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Show Citizen, Press, Review - Wed., May 11, 1988 - Page 18 Tryouts announced for Electric Jazz performers The Electric Jazz Performing Group of Michelle's Dance Im-pressions, will be having tryouts for the upcoming 1988-8- 9 performing season on Saturday, May 14, bet-ween 9:30 a.m. and 12:30 p.m. at 53 N. Center, American Fork. Those eligible to tryout are those girls who have experience in jazz and are nine years of age or older. There will be a Junior an, group chosen who will perfn compete locally. They preparing for trips to Califl!?1 Arizona to perform and tnJ a national level. LmM(, Tryout schedule: 9:30-10:3- 0 a.m. -- Age ill1 AFH sponsors annual 'Foxy Lady' run May 21 It's time once again for the annual "Foxy Lady Run," sponsored by The Women's Center at American Fork Hospital each May for all the women in Utah County. "Women today are very conscious of physical fitness," says AFH administrator, Craig Smedley. "American Fork Hospital hosts a race for ladies each year to give the women in Utah County an op-portunity to be recognized and rewarded for their commitment to good health." This (3.1 mile) event will be held Saturday, May 21, at 9 a.m. The race will begin and end at American Fork Hospital and will be an easy loop course with no hills. Trophies and ribbons will be given for overall winners and for winners in ages divisions ranging from eight years and younger, to 55 years plus. The entry fee for the event is $6 with a foxy-lad- y or $2 with no Registration will be held the day of the event-M- ay 21 - from 8 until 9a.m. Every girl and woman is en-couraged to participate. For more information, call Dennis Hartle at Ext. 200. Estate planning tips given at AFH 'Peace of Mind' seminar Two out of every three Americans who die have no will, and 95 out of every 100 have no comprehensive estate planning. Family members of these persons lose $100 million every week in death taxes and settlement costs, and face delays up to several years before what is left of an estate is tran-sferred to heirs. In addition, minor children who have lost both parents may be placed with guardians selected by a court. At a recent senior financial peace-of-min- d seminar at American Fork Hospital, attorney Mike Loveridge, who specializes in wills and family trusts, explained that proper estate planning can mean security and family preser-vation. Loveridge says that, while most people are aware of the need to plan ahead, they don't. "We all have a touch of immortality about us. We don't like to think about death, and we procrastinate making any preparations. It's always easier to do nothing." Even for persons who do not have many assets, estate planning can be vital, especially if they have minor children. If parents die without written guardianship arrangements via a will or a trust, custody battles ' which may last for months ensue in court. Children are often split up, or are placed by the court with guar-dians the parents may not have chosen. For those with property or other assets, estate planning can save time, money, and frustration for a spouse or other family members left behind after death. The first step in estate planning, according to Loveridge, is to create a written plan. This can be done by either completing a will or setting up a trust. The most common estate plan is a will. Loveridge cautions that verbal "wills," and many typed or written ones, may not be valid. He strongly recommends consulting with a qualified attorney to make sure a will is legally drafted, and to ensure that titles and deeds do not conflict with the will itself. "When a title and a will conflict, the title usually controls," says Loveridge. A will can cost from $50 up to $200 or more, depending on the estate and the attorney. Although the initial cost of a will is less than that of a trust, there are drawbacks, ac-cording to Loveridge. "All wills, by law, must be settled in probate court at the time of death," says Loveridge. "Probate is the legal procedure used to transfer assets from the deceased to his heirs." Loveridge explains that this court proceeding can cost thousands of dollars, can run into major time delays, and can become a matter of public record. In addition, estates valued over $600,000 must also pay a substantial federal estate tax. As a better alternative to wills, Loveridge recommends estate planning through revocable living trusts. With this plan (which costs about $500 to set up with an attorney), a person places titles and assets in a trust. Loveridge explains that while the trust owner is alive, he may control all the assets. At the time of his death, the trust dictates how the assets are managed and distributed among heirs. "This type of estate planning may mean preservation of the family," says Loveridge. "The owner of a trust dictates exactly how assets, even personal assets such as family heirlooms, will be distributed at the time of his death. This can prevent bitter disputes among heirs that can break families apart." Other advantages of a living trust, according to Loveridge, include the saving of time and money. After an individual's death, a trust takes only one or two hours of an attorney's time to certify the transfer of any titles there are no probate court costs or time delays. In addition, trusts are completely private, they are not a matter of public record. A trust can also save on taxes. With a trust, the federal estate tax can be eliminated on an estate up to a $1 million in value. A companion to a living trust is a "pour-ove- r will." Loveridge ex-plains that this "pours over" assets to the trust that were left out at the time of the trust owner's death. It can also name guardians for minor children. Proper estate planning can bring peace of mind for everyone in-volved. One couple felt much more secure and at ease themselves after setting up a living trust. "Our. children will end up with more money and fewer headaches," they said. DUP to hold district convention in A.F. Mon. An estimated 350 members of the Daughters of the Utah Pioneers will join together at their annual District Convention at the American Fork Stake Center, 240 S. Center Street, Monday, May 16, starting at 10 a.m . Different camps of the DUP meet annually to receive instructions from the National Organization and for the local camps to report their activities of the 1987-8- 8 season. Mary Louise Popkins and Naomi Cottam of the DUP national board will attend the convetion. Convention delegates will also be served a luncheon and will be en-tertained by a chorus singing a number of songs from the "flapper" era. American Fork Senior Citizens will get a preview of this chorus Thursday, May 12, at 11 a.m. at the American Fork Senior Citizens Center. Upcoming events for the local DUP district will also include a County Officers Seminar at the Salt Palace on June 4 at 8 p.m. and a Jubilee to be held at Mutial Dell on July 18. QGGFJCD(!DGG t 0r)so Bedding Plants u flat 5 ALSO AVAILABLE: WxV I Hanging Baskets "1 Geraniums (NY' I VegetableS Kl SC V.IIOHTS AL-fV- ? LU 1 'II i ICMIMHOUH KvfeLA JT m&rP?s: , ill jU--r - bvJifcT M J I 1 1 I i tew- - lia--i i w f a The hardest decision for i manyofUtah's llmillion tourists 1 iswhat to wear. : There are a number of reasons why 11 million people in Pittsburgh just to see dinosaurs found in Utah, why not worked fifty weeks last year just to spend two weeks in Utah, take the kids to Vernal instead? And why bother driving Like 12,343,000 square miles of national forests. 78 golf the Pacific Coast Highway through Washington, Oregon, courses. 275 public campgrounds. 1 ,834 lakes, rivers, and and California when Lake Powell offers more coastline streams filled with fish. 3,263 square miles (and one of than all those states combined? America's most impressive collections) of national parks, In fact, Utah offers so many T A 1 monuments, historical sites, and recreation areas. Or 15 great places to visit, you don't "" If"! internationally known ski resorts. have to go far to get a lot of i fl i I In other words, no other place has so much to see and do. mileage out of your next lL! So instead of going all the way to the Carnegie Museum vacation. A pretty, great Stat. IIP . MeWtoleWS watch for our toth annual Uta, j fx TftTDIilHTD ' Recreation and Travel Guide , V TT JP coming as a supplement to this MjH citizen newspaper Wednesday, May 25. lehi fiiee 'press news articles and ! no. utah co. shopper advertising is Friday, May 13. P.O. Box 7, 59 West Main, American Fork, Utah 84003 J r7 czri -' cnxmr crra C3 otctct, tec a special tavcca SNAPPER Rmt Engfcw FNctora am Anwlcctl m.M PWCC: DwnwKlout vakn tor cocmrw cftcc For a hmKl tmm, gtt trwrmv SNAPPER Quality. lurWlNAPfER'aJS"aMPrae FM ATTACHMCN'R Slnghv Bg Caachor is Hiding Uamr OatMncMX SNAPPER Muna FREE wrn you buy 1 25- - 6HP HiAac Riding and patanwd c cutting dack at tha tM MotMr. NO DOWN PAYMENT And low monthly pay-ments with S your SNAPPER dsalsr during SNAPPER'S A American Spring Savings. Lv"t5 vlninof F)usti ncrupra i Tit i sercMf J 1 UA - Ratal nlas V tr as losi as - JOIN THE MHXJONS OF SATISFIED SNAPPER USERS. 1 '4tli I AT PAFfnciPATINO DEALERS Youth Symphony joins Choral Society in concert The Utah Valley Choral Society will conclude its concert season Wednesday, May 18, at 8 p.m. in the Provo Tabernacle, when it is joined by the Utah Valley Youth Sym-phony to present two sacred choral classics, Mozart's "Requiem" and the "Gloria" by Vivaldi. The Utah Valley Youth Symphony recently returned from a highly acclaimed performance in Carnegie Hall. Choral Society director Lois lohnson says, "We are fortunate to be able to work with this out standing group of young musicians and feel that this will be a choice opportunity for both them and the choir to perform this great music." Soloists for the concert will in-clude Carol Mahlum, Ann Moyle, Debbie Dunning, Kristine Bown, Tim Hoopes and Robert Sink. The concert will be directed by the Youth Symphony's conductor, Terry Hill. Admission is $3.50 for adults, $2 for students or senior citizens. Children under eight are asked not to attend. |