Estate Planning and Probate

Three Forms of Ownership in Utah Real Estate

Joseph G. Ballstaedt801.365.1021joe@snjlegal.com In Utah, an owner can hold title to real estate in several different forms. Three forms of ownership are discussed below: 1) sole ownership; 2) joint tenancy with rights of survivorship; and 3) tenancy in common. Sole Ownership The simplest form of ownership in Utah is sole ownership by a single individual …

Three Forms of Ownership in Utah Real Estate Read More »

Thirteen Estate Planning Terms You Need to Know

Estate planning—it is an incredibly important tool, not just for the uber wealthy or those thinking about retirement. On the contrary, estate planning is something every adult should do. Estate planning can help you accomplish any number of goals, including appointing guardians for minor children, choosing healthcare agents to make decisions for you should you …

Thirteen Estate Planning Terms You Need to Know Read More »

How to Own Your Real Estate

Real estate encompasses not only one’s primary residence but also other real estate such as a vacation home or a rental property. The ideal form of ownership varies depending on the type of real estate you own. Below, we take a look at the different types of real estate and offer advice about the best …

How to Own Your Real Estate Read More »

THE SECURE ACT: How It Will Affect You and the Beneficiaries of Your Retirement Accounts

On December 20, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act). The SECURE Act, which is effective January 1, 2020. The Act is the most impactful legislation affecting retirement accounts in decades. The SECURE Act has several positive changes: It increases the required beginning date (RBD) for required …

THE SECURE ACT: How It Will Affect You and the Beneficiaries of Your Retirement Accounts Read More »

Obtaining Original Birth Certificates and Other Records After Adoption

In Utah, it is extremely difficult for an adoptee to obtain any records related to their birth or adoption—including the adoptee’s original birth certificate—because these records are sealed following an adoption. An adoptee will literally have to wait 100 years before the records are unsealed. However, an adoptee in Utah can petition the court to …

Obtaining Original Birth Certificates and Other Records After Adoption Read More »

What You Can Do Now to Prevent Expensive Legal Battles Down the Road

Time is money, especially when it comes to the law. A primary reason is that in the majority of cases, attorneys are paid hourly. And additional legal experience an attorney brings to table is typically reflected in the rate. Combine this with the fact that litigation is often a long and cumbersome process, and you …

What You Can Do Now to Prevent Expensive Legal Battles Down the Road Read More »

Utah’s New Power of Attorney Act

The Utah legislature recently adopted the Uniform Power of Attorney Act (the “Act”).  The Act became effective on May 10, 2016, and makes some significant changes to current Utah law.  With its enactment, Utah joins 20 other U.S. States in enacting this uniform legislation, though Utah has made some non-uniform changes of its own.  Here …

Utah’s New Power of Attorney Act Read More »

New Power of Attorney Law Holds Promise and Risk

Powers of Attorney are powerful and potentially risky documents.  A person signing a power of attorney (the “Principal”) is delegating certain authority listed in the power of attorney to another person (the “Agent”).  Properly drafted, a power of attorney can be a useful tool in dealing with incapacity or absence.  However, persuading banks, title companies, …

New Power of Attorney Law Holds Promise and Risk Read More »

Scroll to Top