IN CASE YOU DON’T LIVE FOREVER

Occasionally, politicians, like lawyers, do something useful. In 2007, Utah passed the “Advanced Health Care Directive Act”. The Act offers a standardized form (often called a “Living Will”) that directs health care providers regarding a person’s life-sustaining medical care, and withholding or withdrawing such care. The form itself is sort of a hot mess and…

SELLING PRIVATE (ESOP) STOCK

If you have ever participated in an employee stock ownership plan (ESOP), you’ve acquired some equity in your employer. Participation over time allows the stock to the vest and can add up to a nice investment for you. Most investors don’t want to hold a stock perpetually, however. At some point, you will probably want…

SAVED BY DEATH

As of May 2018, Utah has joined the ranks of many states in the passing of its own “Transfer on Death (TOD) Deed” statute. UCA 75-6-4. Basically, the owner of a piece of real estate executes a deed transferring ownership of the property upon his or her death. If done properly, when the owner dies, the property…

FINANCIAL PLANNING PROFESSIONALS

I have had the pleasure to work closely with and get to know some very capable and talented financial consultants. Most have developed specialized practices in things like social security, buy-sell agreements, medicare, portfolio management, real estate, disability insurance, life insurance, IRA alternatives, trust funding, etc. I am always happy to give a referral if you are looking…

PUT THAT NEW HOME WHERE IT BELONGS!

During the home buying process, you worked with a lot of individuals: your realtor, the seller’s realtor, the title company, the loan officer, and the home inspector.  Now that you have finalized the purchase of your house, there is one more expert you need to call: your estate planning attorney. Aligning Your Ownership with Existing Estate…

GREETINGS FROM THE TEAM!

Welcome to Plan Right Law! We are glad you dropped by. Our mission is to provide concierge-level estate planning services to business owners, families with special needs children, parents with young children, retired couples, young professionals, and more, at fees that are up-front and affordable. We hope you will use our site as a resource…