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Top Threats to a Professional’s Assets
If you are a professional or a business owner, it is important to understand that you are a potential target for a lawsuit. This is especially true if you have substantial assets. Thus, it is imperative that you take action to protect your assets from some of the top threats you face, including: Breach of…
Utah Guardianships & Conservatorships
The terms “guardianship” and “conservatorship” are often used interchangeably. While they are both labels given to a party who is granted authority to act for somebody else (the “ward”), they have different meanings. A guardian or conservator is appointed by a judge. A guardianship is comparable to the parent-child relationship, but the guardian is not…
Conflicts with your Estate
When establish your estate plan, it is important to confer with a knowledgeable lawyer. Attempting to draft a Will or trust without professional help can result in many costly errors. To learn more, please read our blog titled “DIY + Estate Planning = Trouble.” One type of mistake that can have significant consequences is when…
How to Prevent Unnecessary Delays in a Probate
When an estate must go through the probate process, everyone involved wants to get it done as quickly as possible. In order to ensure that the probate case goes smoothly and quickly as possible, contact our seasoned estate planning lawyers for assistance. While no two cases are identical, below are a few general tips for…
Creative Estate Planning that will Motivate Your Heirs
If it is important to you that your children or grandchildren have the financial ability to attend college, we can help you create an estate plan that will motivate them to obtain their degree. There is a lot of flexibility in estate planning and with the right strategy in place, we can help ensure that…
How to Know if your Loved One Needs a Conservator
It can be difficult to know when you should seek to be appointed as a conservator for a loved one. Every person’s situation is unique, so let us review all of the circumstances and help you determine the best course of action. To learn more about conservatorships, please read our blog titled “What is the…
Understanding Why You Need an Advanced Health Care Directive (” Living Will”)
If you remember the case of Terri Schvaio, you understand the importance of having a written plan for your healthcare in the event you are unable to communicate your wishes. Ms. Schvaio was comatose for more than two months when the doctors caring for her declared her to be in a vegetative state. Her husband…
3 Reasons We Avoid Estate Planning
Most everyone agrees that having an estate plan is extremely important, yet it seems everyone wants to put off doing it. While there are a variety of excuses for why people procrastinate their estate planning even though they acknowledge it could save them significant amounts of money and protect their loved ones, below are three…
Estate Income Tax Returns
If you have been appointed to administer the estate of a loved one, you may be confused about the need to file, or why you must file an income tax return on behalf of the estate. The short answer is that the deceased may continue to receive income following his or her death. For example,…
Estate Planning Lawyers Help with more than Wills
Most people think that estate planning lawyers only help with drafting wills and trusts. However, creating a comprehensive estate plan involves more than simply drafting documents. We assist you with reducing financial issues and stress for your family and loved ones. Having a will is part of this process, creating a trust may be included,…