This is the third of a three-part article designed to summarize various mechanisms by which you may pass property to your children or others to be used as an outline of possible options to discuss with your attorney or accountant and is not an exhaustive list. Please refer to my earlier postings “Spending Your Kids’ [...]
Continue reading about Spending Your Kids’ Inheritance – Part III
This is the second of a three-part article designed to summarize various mechanisms by which you may pass property to your children or others to be used as an outline of possible options to discuss with your attorney or accountant and is not an exhaustive list. Please refer to my earlier posting, “Spending Your Kids’ [...]
Continue reading about Spending Your Kids’ Inheritance – Part II
Although many people joke about trying to do all they can to spend their children’s inheritance – that is, spending money they have worked hard to save over the years – the reality is that when you die, there usually are a fair number of assets that you owned which must now be given to [...]
Continue reading about Spending Your Kids’ Inheritance – Part I
You are probably familiar with the phrase “living will” as referring to a document setting out the nature of medical care you would like to receive if you become sick or injured to the extent you are unable to provide such direction. When you cannot speak for yourself, health care providers will work to preserve [...]
Continue reading about New Utah Medical Directive (Previously Called a Living Will)
The Farmers Insurance Group of Companies has released its third annual ranking of top 20 “Most Secure U.S. Places to Live.” Based on factors such as crime statistics, unemployment rates, risk of environmental hazarads, terrorism threats, natural disasters and extreme weather conditions, the rankings put St. George, Utah as number one among the top 20 safest communities [...]
Continue reading about Want Security? Think St. George, Utah
Jones Waldo Holbrook & McDonough has joined forces with Faegre & Benson, a Minneapolis-based firm that has a practice in Shanghai, to provide legal services for a variety of industries doing business in or with China. Early next year, we plan to offer educational programs to help Utah’s business community navigate China matters. We also are developing a program [...]
On October 30, 2009, Judge Robert Faust reviewed the First Trustee’s Report of Timothy B. Anderson, the court-appointed Trustee for the former clients of Matthew T. Graff & Associates and entered an order providing as follows:
The Trustee is authorized to destroy those client files for which two notification letters have been sent with no response [...]
Continue reading about Court Order Regarding Unclaimed Files in Graff Matter
When you enter an agreement with someone in which each of you takes on certain duties of performance, a written contract helps both parties specifically state what they are required to do to fulfill their obligations. This is a great advantage of a written contract and helps reduce ambiguities and uncertainties. However, in Utah and [...]
Continue reading about The Requirement to be Fair in Contracts
In today’s economy, there are many residential and commercial real estate properties that are in foreclosure. The phrase “in foreclosure” is a general phrase which typically means that a borrower is about to lose his property to the lender through a nonjudicial foreclosure. A nonjudicial foreclosure is a mechanism allowed by Utah statute whereby title [...]
Continue reading about Rights and Remedies in Foreclosure – The Borrower’s Perspective
On Tuesday, October 27, 2009, The Governor’s Office of Economic Development (GOED) and the Jones Waldo International Practice Group hosted a luncheon for a delegation of Chinese diplomats and government officials at the Salt Lake Chamber of Commerce. The event was held in conjunction with The American Council of Young Political Leaders (ACYPL) – a [...]
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