Jan 26
Having a business website is pretty much required these days. Whether it’s a fully functional online store from which customers can look over your wares, make purchases, maintain their accounts and communicate with you or whether it’s just a static one-page site with your name, address and a little about you and […]
Jan 23
Donald Trump has delivered on one campaign promise, and that was to overhaul the United States Tax Code. The revisions, which go to over 1,100 pages, are densely worded legalese but a few key provisions are clear enough. Overview It was Trump’s goal to simplify the tax code to make filing tax returns easier. He […]
Jan 18
We as a people like to complain. It’s the stuff of gossip, of text messages, of coffee breaks and dinner table conversations. And in the age of social media, it’s often the stuff of tweets or Facebook posts or other attempts to reach one’s “followers.” The stories of employees and job applicants who have dashed […]
Jan 16
In Utah, as in many other states, there are two ways to administer the estate of a decedent in probate. In Utah these are called formal and informal probate. Other states may have different names. Georgia, for example, calls its two methods of probate solemn and common. What’s the difference and why choose one or the other? In Utah, informal probate […]
Dec 7
That means everyone is wondering what Congress will do with taxes. In the past we’ve wondered whether the estate and gift tax credits will increase or decrease, whether the estate and gift tax will stay or go, and what to do. This year has even more uncertainty because the House and Senate has both passed […]
Nov 17
A nondischargeability action is the last thing you want to get in a bankruptcy. It means a party, either a creditor or the trustee, wants the court to deny you a discharge, either as to some debts (usually filed by a creditor) or all debts (usually filed by the trustee). Only certain debts are discharged […]
Nov 15
A bankruptcy’s cost is based on the anticipated time to be spent on the case. Furthermore, the bankruptcy courts in Utah do not allow hourly fee arrangements, so all bankruptcies are on a flat fee basis, which means that attorneys have to estimate how much time a case will take so as not to either […]
Feb 28
“Work until you die.” Is that a new retirement strategy? Probably not but the fact is that more and more people are working past age 65. There’s good reason for this. One is longer life spans. Thirty years of solid retirement (i.e., no work) is a long time to be idle. Along with that is […]
Feb 19
The American Bar Association Journal has an interesting snippet from a new book on Alzheimer’s and the law. It notes that 85% of Americans don’t have a simple will, advance medical directive or durable power of attorney. Most people just don’t plan for their deaths. Many apparently take the position that “I plan to live […]
Feb 5
I hear this question a lot. Is it best to file now or should I wait? Only you can answer that question, but in terms of what the trustee might take, when it comes to tax refunds timing is everything. A tax refund is subject to being seized by the trustee because it is property […]
