by Admin | Oct 26, 2011 | Business Entities
Note: All articles on Utah’s New LLC Act are in the process of being updated to conform to the changes made before it was enacted in 2014. Please check back to see the revised articles. Utah adopted a new ‘uniform’ LLC act to be effective July 1, 2012. [Read...
by Admin | Oct 26, 2011 | Business Entities
Note: All articles on Utah’s New LLC Act are in the process of being updated to conform to the changes made before it was enacted in 2014. Please check back to see the revised articles. Welcome After reviewing Utah’s impending New ‘uniform’ LLC...
by Admin | Oct 26, 2011 | Business Entities
Over the years, decisions from the U.S. Tax Court have developed guidelines for when family limited partnerships will be recognized for tax purposes and when they won‛t. Those guidelines apply as well to family LLCs. The current leading case for what NOT TO DO is the...
by Admin | Sep 28, 2011 | Estate Planning and Real Estate
There are several useful comparisons between a Will and a revocable Trust: a Will becomes effective only at death, but a Trust becomes effective when signed and funded a Will must be approved by probate court to become effective after death; a Trust needs no such...
by Admin | Sep 27, 2011 | Estate Planning and Real Estate
by Brent R. Armstrong Estate planning involves three inevitable factors — death, taxes and clients’ misconceptions. This article attempts to clarify some of the more persistent notions held by some clients. This article is based on federal and Utah law....
