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How Utahans Can Avoid Estate Tax For Real Estate In Utah

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Are you considering taking advantage of some of the opportunities that real estate in an IRA presents? You probably have a lot of questions if this is your first time investing in a real estate IRA. Actually, the term “real estate IRA” is really just jargon for a self-directed 401(k) or IRA that invests in… Continue reading How Utahans Can Avoid Estate Tax For Real Estate In Utah

Importance Of Probate Wills And Estate Planning To Protect Inheritance Property

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As we move through life, we accumulate assets, houses, cars, investments, and business interests. We have worked hard for these assets so it becomes important to us to ensure that we protect these things from future events that might otherwise see them taken from us. Just like you would not start a business without a… Continue reading Importance Of Probate Wills And Estate Planning To Protect Inheritance Property

Planning For The Future In Utah

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A trust is a legal document that can be created during a person’s lifetime and survive the person’s death. A trust can also be created by a will and formed after death. Once assets are put into the trust they belong to the trust itself (such as a bank account), not the trustee (person). They… Continue reading Planning For The Future In Utah

Marriage And Estate Planning

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Whether you are currently single, just married, or married for many years, you should know that your marital status affects how your estate will be distributed. In Utah, there are many laws related to inheritance rights and property rights that apply differently to married couples than to single people. Spouses and Inheritance Rights If someone… Continue reading Marriage And Estate Planning

Trust Division In Utah

Advantages Of Using A Trust Over A Will

Estate planning is essential for preparing your assets and property to be managed, preserved, and distributed to the right beneficiaries and in the manner you choose following your death. While most people assume a will is sufficient for ensuring that their estate is properly handled, an estate plan must include several additional legal documents to… Continue reading Trust Division In Utah

Trust In Utah Explained

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A trust is the legal relationship between one person, the trustee, having an equitable ownership or management of certain property and another person, the beneficiary, owning the legal title to that property. The beneficiary is entitled to the performance of certain duties and the exercise of certain powers by the trustee, which performance may be… Continue reading Trust In Utah Explained

Utah Inheritance Tax

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The following descriptions of the estate and gift tax systems are for general information purposes only. They should not be relied upon in making estate planning decisions. They are intended only to give a general understanding of how these systems work so that the reader can have a more informed conversation with the estate planning… Continue reading Utah Inheritance Tax

Utah Courts

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How to Dress for a Court Hearing Whether you are representing yourself or have an attorney, you need to look as professional as possible when you go to court. Now is the time to put aside your shorts, torn jeans, and see-through shirts. Instead, you need to imagine that you are going to church or… Continue reading Utah Courts

Criminal Lawyer Utah

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If you have been charged with a crime, whether a misdemeanor or a felony, it is very important that you work with a criminal defense attorney throughout the entire process. Whether or not you think that the situation is serious, there may be a lot more at risk than is immediately apparent, and you could… Continue reading Criminal Lawyer Utah

Utah Law On The Recovery Of Debt Upon The Death Of A Debtor

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It is the duty of the estate executor to pay outstanding debts from the deceased person’s estate during the estate administration or probate process. Typically, heirs are not responsible for paying the debts of the deceased, regardless of what some debt collectors may want you to believe. You may be responsible for repaying a debt… Continue reading Utah Law On The Recovery Of Debt Upon The Death Of A Debtor