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Insights and guidance on estate planning, business law, and related topics.

Let’s Talk About the 68% Without a Plan

Let’s Talk About the 68% Without a Plan

BLOG  Let’s Talk About the 68% Without a Plan! The month is almost coming to an end. So we have to share that October is Estate Planning Awareness Month, reminding us that while we plan for weddings, vacations, education, and retirement, many of us delay one of the…

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Wills vs. Trusts – Which One Do You Need?

Wills vs. Trusts – Which One Do You Need?

BLOG  Wills vs. Trusts – Which One Do You Need? Estate planning is much more than just deciding who gets what after you are gone. It is about protecting your loved ones, reducing stress during difficult times, and making sure that your wishes are met. Two of the most…

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Why Estate Planning Isn’t a One-Size-Fits-All Solution

Why Estate Planning Isn’t a One-Size-Fits-All Solution

BLOG  Why Estate Planning Isn’t a One-Size-Fits-All Solution Have you ever wondered if your Living Trust is doing what it’s supposed to do? Many people assume their estate plan is set once the documents are signed, but life’s changes require more than a one-time…

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Introduction to Asset Protection Trusts

Introduction to Asset Protection Trusts

BLOG Introduction to Asset Protection Trusts In the world of financial planning, protecting your assets should be a primary concern. Asset protection trusts are a source of security and stability against life’s uncertainties. In this article, we will summarize and…

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What You Need to Know Before Selling Your Next Business

What You Need to Know Before Selling Your Next Business

BLOG What You Need to Know Before Selling Your Next Business Developing a business from a modest start to the point where it boasts an impressive dollar value requires significant time, effort, and soul. After pouring their blood, sweat, and tears into the company,…

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Guide to Qualified Small Business Stock (QSBS)

Guide to Qualified Small Business Stock (QSBS)

BLOG Guide to Qualified Small Business Stock (QSBS) Small businesses are the backbone of the American economy, but in Utah, they are so much more. According to U.S. Small Business Administration , over 99 percent of Utah businesses are small companies, employing…

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How to Prepare Your Shareholders for a Company Merger

How to Prepare Your Shareholders for a Company Merger

BLOG How to Prepare Your Shareholders for a Company Merger When businesses join together to effectively use their resources and connections, they enter into what is known as a merger. While there are many benefits to company mergers, individuals within the companies…

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Pros vs. Cons: Asset Sale Structure for buyers

Pros vs. Cons: Asset Sale Structure for buyers

BLOG Pros vs. Cons: Asset Sale Structure for buyers Asset sales are business transactions where a buyer purchases some or all of the assets from a company, but the company itself does not change hands. A business’s assets include anything of value owned by the…

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What Is Section 1202 Qualified Small Business Stock?

What Is Section 1202 Qualified Small Business Stock?

BLOG What Is Section 1202 Qualified Small Business Stock? The Qualified Small Business Stock, also known as Section 1202, is a part of the Internal Revenue Code (IRC) that allows capital gains from qualified small businesses to be exempt from federal taxes. There are…

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Estate Tax vs Inheritance Tax: What’s the Difference?

Estate Tax vs Inheritance Tax: What’s the Difference?

BLOG Estate Tax vs Inheritance Tax: What’s the Difference? After the passing of a loved one, money is probably the last thing on your mind. However, when it comes to inheriting money from a deceased family member, it is important that you understand what portion of…

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5 Popular Asset Protection Planning Tools

5 Popular Asset Protection Planning Tools

BLOG 5 Popular Asset Protection Planning Tools Whether you are a real estate investor or business owner, if you have assets, they are worth protecting. You owe it to yourself and your beneficiaries to implement an asset protection plan that will safeguard your assets…

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Corporate Transparency Act: Coming 2024

Corporate Transparency Act: Coming 2024

BLOG Corporate Transparency Act: Coming 2024 On January 1, 2021, Congress enacted the Corporate Transparency Act (CTA). As the CTA’s reporting mandate–which begins on January 1, 2024–gets closer, business owners need to be aware of this new law and the broad, ongoing…

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Choosing the right business structure

Choosing the right business structure

BLOG Choosing the right business structure Business Structure Starting a brand-new business can be both exciting and challenging. One of the decisions an entrepreneur ought to make is choosing the right business structure. This decision not only can impact your tax…

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Trust Naming 101

Trust Naming 101

BLOG Trust Naming 101 Trust Naming 101: Understanding the Language Behind Trust Agreements Trust agreements and the language behind trust naming can be difficult to comprehend. There are both legal and practical reasons for the trust to be named and referenced as it…

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Debunking Common Myths About Estate Planning

Debunking Common Myths About Estate Planning

BLOG Debunking Common Myths About Estate Planning After 15 years working with clients in estate planning, I’ve realized that many people view estate planning as overwhelming or confusing. And this is pretty understandable: it’s not exactly a common topic at birthday…

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How an Acquisition Impacts Your Business’s Growth

How an Acquisition Impacts Your Business’s Growth

BLOG How an Acquisition Impacts Your Business’s Growth A company’s long-term success often depends on consistent growth and profitability increases throughout the year. While there may be many strategies for growing businesses, various companies choose business…

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