by mhess | Aug 3, 2011 | Uncategorized
The impact of the federal estate, gift and generation-skipping tax must be evaluated with every estate plan. Due to the ever-changing tax law, seasoned professionals are needed. Here is a brief explanation of each tax: Estate Tax: Tax assessed by the federal...
by mhess | Aug 3, 2011 | Uncategorized
Administrator: Term no longer is use for a person named in a Will to carry out settlement of the estate. Under the Utah Uniform Probate Code, the term is now “Personal Representative”. Alternate Valuation Date: A date exactly six months following a decedent’s date of...
by mhess | Aug 3, 2011 | Uncategorized
A/B Trust: A type of revocable living trust used by married couples. In this type of living trust, two trusts (trust A and trust B) are created at the death of the first spouse. By dividing the couple’s estate into two trusts at the first death, each spouse can...
by mhess | Aug 2, 2011 | Uncategorized
Our aim is to give clients what they need. When it comes to something as complex and important as your estate plan, you get what you pay for. We have found that most clients’ estates have enough unique aspects that it is impossible to predict accurately at the outset...
