Which is right for me? Ahhh! the 5.45 million dollar question.
The IRS has announced that the estate tax for 2016 is 5.45 million per individual. That means that no estate tax is owed if you die leaving less than 5.45 million in your estate - remember life insurance policies count towards that 5.45 million dollars and there are some rather tricky rules, so if you fall into this category, you need some serious estate planning.
Assuming you do not fall into the category above, do you still need a trust or will a will suffice? That all depends. There are advantages to each.
Living trusts are set up while you are alive and take effect and are a...
The following is meant to be a general summary and a simplification of Utah law and the eviction process. There are exceptions to the general rule and your case may be unique requiring additional or different measures than set forth below.
One of the questions that I get asked quite frequently from clients is “What do I need to do to evict my tenant? Can I just change the locks”? The short answer is No - a landlord should never interrupt the peaceful occupation or possession of the premises by the tenant. Among other things, a landlord should never:
Also make sure that if you retain an attorney for a particular matter, that the attorney explains in detail his/her billing practices. There are many different billing structures. The attorney should have you sign a retainer agreement setting forth his/her billing practices. If you are clear on the billing and know what to expect, it will decrease...