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planning - Parklin Law

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Strategic Consulting

Looking for expert guidance and strategies for your legal matters? Strategic Consulting offers tailored solutions and empowers clients to protect their interests. Contact us today!

Prenuptial Agreement Checklist

Discover a comprehensive prenuptial agreement checklist, providing expert guidance to protect your interests and ensure a solid foundation for your marital journey.

Business Succession

Discover the importance of business succession planning, key considerations, and its role in preserving your company’s legacy and success.

Estate Planning

Learn about the importance of estate planning, including wills, trusts, and powers of attorney. Discover the benefits, consequences of not planning, and how an estate planning attorney can help.

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

Probate Salt Lake City UT

Salt Lake Lawyer Introduction The Benefits of Hiring a Probate Attorney in Salt Lake City UT Common Mistakes to Avoid When Going Through Probate in Salt Lake City UT How to Avoid Probate in Salt Lake City UT What to Expect When Going Through Probate in Salt Lake City UT Understanding the Probate Process in… Continue reading Probate Salt Lake City UT

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?