Even if nothing major has happened, as a general rule of thumb, we suggest you go over your Will every four or five years.
When Should I Update My Will?
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Real Estate
What Is Formal And Informal Probate In Utah?
The difference between the two affects how easy or difficult it is for the heir to the estate to manage or distribute its assets.
What to Know About Conservatorship in Utah
Prenuptial agreements can help protect your assets when a marriage ends — but what if you don’t have one?
Do I Have to Pay Taxes on an Inheritance in Utah?
Below you’ll find our outline of estate tax and inheritance tax considerations in Utah and how they may relate to you. We’ve also highlighted other concerns with inherited assets that you may encounter.
How Can Your Lawyer Help With Estate Planning?
Perhaps the biggest misconception regarding estate planning is that it’s only applicable for the wealthy. In reality, everybody has an estate, no matter how large or small it may be, and it cannot be carried with them upon their death.
What Happens if You Die Without a Will in Utah?
Have you ever wondered what happens if you die without a Will? Unfortunately, when a person dies without a valid Will or estate plan in Utah, they are considered to have died “intestate.”
Ask Tom: What Law Changes Require me to Update my Estate Plan?
Estate planning is an ongoing process that needs to evolve with you as your family and circumstances change. Some things that are likely under your control are: the growth of your estate, getting married or starting a business, or choosing to relocate to another...
The CRITICAL Real Estate Purchase Document People Often Forget to Read.
We all know that buying a home involves the reading and signing of many pages of documents. These documents include the Real Estate Purchase Contract, any Addenda, Mortgage documents, Deeds, and Insurance documents. As part of the sale or purchase of real estate in...
ASK TOM: What are Red Flags for Beneficiaries of Trusts and Estates
If you are a beneficiary of a deceased person’s Trust or Estate, and you are experiencing the following, you are in the red flag zone where something needs to be done: You don’t see the bank statements, even when you ask for them. You don’t get copies of financial...
ASK TOM: What Entity Should I use for Real Estate Investments?
There are three types of entities that are commonly used to own real estate. These are Limited Liability Companies (LLC), S Corporations (S-Corp) and Trusts. Let’s review what these three entities are, as well as, which one would be best for your real estate...
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Sarah Thompson
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815.555.5555