Blog
Insights and guidance on estate planning, business law, and related topics.
Before the Year Ends, Make Sure Your Estate Plan Is Current
BLOG Before the Year Ends, Make Sure Your Estate Plan Is Current With the year coming to a close, now is the perfect time to reflect on your life and your plans for the future. Consider your accomplishments, the changes you’ve experienced, and your hopes for the...
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...
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...
The Big Beautiful Bill and What It Means for Your Estate Plan, Trusts, and Business Assets
Why Reviewing Your Estate Plan Has Never Been More Important On July 4, 2025, a new federal law called the One Big Beautiful Bill Act became official. Often referred to as the Big Beautiful Bill, this Bill makes several important changes to tax rules, trusts, gifts,...
This Summer, Make More Than Just Memories And Make a Plan
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ This Summer, Make More Than Just Memories – Make a Plan Summer has arrived, bringing sunny days, backyard barbecues, and family reunions that fill our calendars with...
Cardon Law Named “Best Law Firm” in Utah Valley Magazine’s 2025 ‘Best Of’ Awards
PRESS RELEASE $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ Cardon Law Named “Best Law Firm” in Utah Valley Magazine’s 2025 ‘Best Of’ Awards Recognized for Excellence in Estate Planning, Business Law, and...
Why Estate Planning Isn’t a One-Size-Fits-All Solution
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ 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...
Introduction to Asset Protection Trusts
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ 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...
Immigration, Estate Planning, and the Right to Care for Loved Ones
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ When a loved one is entrusted with the responsibility of caring for a family in the event of an unexpected tragedy, it’s important to make sure that the process is as...
6 Questions to Ask Before Completing a Merger & Acquisition
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ Pulling off a merger or acquisition that ends in prosperity is not a simple task to undertake. Business deals such as these require thorough planning, due diligence,...
What You Need to Know Before Selling Your Next Business
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ 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...
Guide to Qualified Small Business Stock (QSBS)
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ 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...
5 Ways to Prepare Your Company for a Merger and Acquisition
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ Preparing for a company acquisition or a merger comes with many time-consuming challenges. In order to have a successful and stress-free sale, you’ll need an...
How to Prepare Your Shareholders for a Company Merger
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ 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...
3 Income Tax Benefits of ING Trusts When Selling Your Business
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ Making the decision to sell your business can be stressful as you try to choose the best options that will benefit you the most. When choosing to sell your business...
Pros vs. Cons: Asset Sale Structure for buyers
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ 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...
What Is Section 1202 Qualified Small Business Stock?
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ 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...
Estate Tax vs Inheritance Tax: What’s the Difference?
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ 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...
5 Popular Asset Protection Planning Tools
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ 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...
Understanding Which Business Structure is Best for Tax Purposes
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ Starting or expanding a business is an exciting journey filled with countless decisions, but perhaps one of the most crucial choices entrepreneurs face is selecting...
Corporate Transparency Act: Coming 2024
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ 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...
Choosing the right business structure
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ 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...
How to Name a Trust Correctly
A trust can usually be given a practical identifying name, but the name, trustee designation, trust date, and ownership records must be used consistently. Learn what to consider when naming a living trust.
Understanding the Corporate Transparency Act: Updates and Implications Following Recent Court Decision
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ The Corporate Transparency Act (CTA) has been an enormous piece of legislation geared toward enhancing transparency in corporate ownership and combating financial...
Debunking Common Myths About Estate Planning
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ 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...
An Extensive Beginner’s Guide to Utah Estate Planning
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ Estate planning may seem overwhelming, but this process can help you secure your legacy and provide for your loved ones. In Utah, estate planning involves making...
How an Acquisition Impacts Your Business’s Growth
BLOG $variable({"type":"content","value":{"name":"post_title","settings":{"before":"","after":""}}})$ 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...