No matter how much money you have it is important to have a basic estate plan to protect your family and your assets after your death. An estate plan can be as simple as a last will and testament to extremely detailed to contain a power of attorney, a living will and even a trust.… Continue reading Wills And Estate Planning Attorney Near Me
Almost all individuals or corporates can benefit by investing in an estate planning lawyer. Hiring a lawyer will ensure that they get the best value from their land and other fixed assets during their lifetime and after it. While almost all of us buy homes, offices and other pieces of land with some specific purpose… Continue reading Utah Estate Planning Law Firm
When someone dies and there is no living spouse, survivors receive the estate through inheritance. This is usually a cash endowment given to children or grandchildren, but an inheritance may also include assets like stocks and real estate. Asset distribution is determined during the estate planning process, when wills are written and heirs or beneficiaries… Continue reading When To Give Inheritance Money To Your Family As Per Utah Law
Beneficiary designation is an important aspect of the estate planning process, but it’s actually something that’s dealt with outside of your actual estate plan. Further, if your designated beneficiaries don’t match up with the provisions in your estate plan, it could lead to some trouble. A beneficiary designation is the act of naming the person… Continue reading What Is The Difference Between Beneficiary Designations And Trusts
When it comes to the different tax treaties that Utah, United States has entered into, oftentimes Taxpayers presume that it only applies to income tax but this is incorrect. In fact, the United States has entered into multiple different types of tax treaties, including estate and gift tax treaties with different countries across the globe.… Continue reading Utah Estate & Gift Tax Treaties
Estate planning goes beyond drafting a will. Thorough planning means accounting for all of your assets and ensuring they transfer as smoothly as possible to the people or entities you wish to receive them. Along with implementing your plan, you must make sure others know about it and understand your wishes. Itemize Your Inventory To… Continue reading Things To Do Before You Die
Business succession planning is the process of deciding what will happen to your business when you no longer are able to or desire to run it. While many people think of business succession planning when they are nearing the end of their career, it is important to consider business succession when the business is first… Continue reading The Importance Of Succession Planning For Business Owners
Estate plans are not just for the rich. Most people have something of value that they want to pass along to loved ones or a favorite charity: the family home or lake cabin, a car, family heirlooms like jewelry or art, or money in the bank. Creating an estate plan allows you to do that… Continue reading Pitfalls Of Estate Planning By Deed
While it may be a difficult topic to think about, estate planning is an important step you can take to protect the interests of your family. A well-prepared estate plan will help you ensure your wishes are carried out and your loved ones are taken care of once you’re gone. It can be a hard… Continue reading Estate Planning Mistakes That You Must Avoid
