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estate tax - Parklin Law

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Probate in Utah

Demystifying Probate: A Guide To Settling Estates & Distributing Assets Are you feeling overwhelmed by the process of probate? Unsure of where to begin or what steps to take? Don't worry, you're not alone. Probate can be a complex and confusing process, but fear not – we are here to demystify it for you. Welcome… Continue reading Probate in Utah

Can Estate Planning Fees Be Deducted By Your Business

Can Estate Planning Fees Be Deducted By Your Business

Can Estate Planning Fees Be Deducted By Your Business You may deduct legal fees paid to attorneys and fees paid to other professionals for ordinary and necessary expenses of your business, including expenses for helping you start your business. When you are starting a business, keep track of all your costs while you are investigating… Continue reading Can Estate Planning Fees Be Deducted By Your Business

Beneficiary Designation And Estate Planning

Beneficiary Designation And Estate Planning

Beneficiary Designation And Estate Planning A beneficiary designation is the act of naming the person who will inherit an asset in the event of the account owner’s passing. Some common examples include life insurance policies and retirement accounts. When the account owner passes away, their assets are then transferred to the beneficiary that they designated.… Continue reading Beneficiary Designation And Estate Planning

Are Estate Planning Fees Tax Deductible?

Are Estate Planning Fees Tax Deductible.

Are Estate Planning Fees Tax Deductible? In general, you can deduct legal fees as an ordinary and necessary business expense. The types of legal fees that are deductible include creation and review of contracts, filing a lawsuit or defending a lawsuit for breach of contract, legal assistance to collect on an account, defending an intellectual… Continue reading Are Estate Planning Fees Tax Deductible?

Are Estate Administration Costs Tax Deductible?

Are Estate Administration Costs Tax Deductible.JPG

Are Estate Administration Costs Tax Deductible? When a person dies, all of his or her possessions real estate, money, stocks, personal belongings, and a lot become a part of his or her estate. Estate administration refers to the process of collecting and managing the estate, paying any debts and taxes, and distributing the remaining property… Continue reading Are Estate Administration Costs Tax Deductible?

Prenuptial Agreement Lawyer Bountiful UT 84010

Prenuptial Agreement Lawyer Bountiful UT 84010 Are you looking for a Prenuptial Agreement Lawyer in Bountiful UT 84010? If so, then look no further than Parklin Law – an experienced law firm located in Davis County, Utah, specializing in family law, estate planning, and real estate law. At Parklin Law, our lawyers and attorneys strive… Continue reading Prenuptial Agreement Lawyer Bountiful UT 84010