How to Calculate Your Average Monthly Income for a Utah Divorce Case
In Utah divorce cases, knowing your average monthly income is essential, as it impacts decisions around child support, alimony, and division of financial responsibilities. Here’s a customized guide for calculating your average monthly income specifically for Utah divorce proceedings. Step 1: Identify All Sources of Income Utah courts consider a broad range of income sources […]
Top 10 Reasons Utah Business Owners Need Estate Planning
Top 10 Reasons Utah Business Owners Need Estate Planning Estate planning is crucial for everyone, but for business owners in Utah, it’s especially important to ensure the protection and continuity of their business. Without a properly planned estate, your business could face unnecessary legal hurdles, tax issues, or even dissolution upon your death or incapacity. […]
The Responsibilities and Duties of a Trustee:
How to Select the Right Trustee for Your Living Trust A living trust is a powerful estate planning tool that allows you to manage your assets during your lifetime and ensures they are distributed according to your wishes after your death. One of the most critical decisions in establishing a living trust is selecting the […]
Statutory Parent-time Options in Utah
In Utah, there are three statutory parent-time (also known as visitation) options designed to accommodate different family situations and needs during and after a divorce. These options are outlined in Utah Code § 81-3-302 (Minimum Parent-Time Schedule), § 81-3-303 (Optimal Parent-Time for Parents Residing within 150 Miles apart), and § 81-3-305 (Optional Schedule for Children […]
Understanding Marital Debts in Utah
In the context of a divorce, determining which debts are considered marital debts is crucial as it influences the division of liabilities between spouses. In Utah, marital debts are generally defined as those incurred by either spouse during the course of the marriage, regardless of whose name is on the debt. These debts are presumed […]
Understanding Child Custody in Utah: A Comprehensive Guide
Navigating child custody during a divorce or separation can be one of the most challenging and emotional aspects for parents. In Utah, child custody laws are designed to prioritize the best interests of the child while ensuring fair and equitable arrangements for both parents. This blog post aims to provide a comprehensive guide to understanding […]
What Happens If I don’t List a Creditor?
In an ideal bankruptcy case, all the creditors are listed thereby maximizing the debts that are discharged. But, oftentimes the debtor hasn’t received a bill from a hospital or other creditor and the debt is not being reported to a credit bureau, so the debtor is unaware. Will the debt be discharged or will the […]
Weekes Law’s Affordable Bankruptcy Program upheld By Utah Bankruptcy Court
Weekes Law’s Affordable Bankruptcy Program was attacked by the United States Trustee for Region 19, in the District of Utah and by a competing law firm. The opposing parties argued that Capstone’s Affordable Bankruptcy Program violated various bankruptcy rules arising from, inter alia, “(1) the marketing of Zero-Down Chapter 7 bankruptcy services; (2) the bifurcation of bankruptcy […]
The Pitfalls of Joint Ownership
Joint property, also known as joint tenancy, is nothing but an estate planning pitfall. Although joint tenancy has been assailed for years by many estate planning experts, it remains- unfortunately-a very popular form of property ownership. Joint tenancy is a pitfall because you cannot control where such property passes after your death. In joint tenancy, […]
Probate, What Is It and How To Avoid It
You may have heard that probate is somehow bad and that you should avoid it, but you aren’t sure why or how to avoid it. This article provides an overview of probate, the reasons many people want to avoid it, and ways to avoid probate. Probate is the legal process of validating a will and […]
Utah Bankruptcy Terms
Learn Important Utah Personal Bankruptcy Information (Definitions) The following are common Utah bankruptcy terms used on this site regarding personal bankruptcy: Creditor The business or individual that is owed money by a debtor. Debtor Or Debtors The business or individual that owes money to the creditor. Automatic Stay This injunction stops the creditor from attempting […]
Process To File Bankruptcy In Utah: Chapter 7
Process To File Bankruptcy In Utah Step 1 – Making the Decision to File for Chapter 7 The first step in the process to file bankruptcy in Utah is to consult with an experienced bankruptcy lawyer to increase the advantages of filing for bankruptcy. While bankruptcy isn’t the best solution in every situation, when […]
File Bankruptcy Online in Utah
File Bankruptcy Online in Utah Simply and Conveniently We know that the issues causing you to consider bankruptcy are very difficult and stressful. That’s why we’ve developed a system that makes the process as simple and convenient as possible. You’ll notice the difference with our convenient fully complete online process, you can receive the help […]
Utah Bankruptcy Myths
Get Accurate Utah Bankruptcy Information Utah Debunking Bankruptcy Myths There are many misconceptions circulating about bankruptcy information that affect a person’s decision on whether they should declare bankruptcy. When considering bankruptcy, it is best to get accurate information on bankruptcy from a professional who has the legal expertise to answer all of your questions. We […]
Personal Bankruptcy Information in Utah
Utah Personal Bankruptcy Information (Definitions) Learn about Important… The following are common terms used on this site regarding personal bankruptcy information in Utah: Assets Any property that a business or individual owns. Automatic Stay This injunction stops the creditor from attempting to collect from the debtor. An automatic stay takes effect immediately after the debtor […]
Utah Bankruptcy Means Test
What Is the Bankruptcy Means Test? Utah Means test for Chapter 7 Bankruptcy The Utah Bankruptcy Means Test is an income test to determine if the debtor or debtors qualify to file chapter 7 bankruptcy.To determine whether a debtor is not abusing the bankruptcy system, the debtor must meet the Utah chapter 7 bankruptcy means […]
Utah Bankruptcy Exemptions
Importance of Utah Bankruptcy Exemptions When you file bankruptcy under Utah bankruptcy laws, you want to ensure that you keep all or as many of your assets as possible. Utah bankruptcy exemptions protect certain property that cannot be taken in bankruptcy. The assets that you get to keep under are called exempt property. Non-exempt assets are […]
Bankruptcy FAQs
Bankruptcy Frequently Asked Questions A decision to file for bankruptcy should only be made after determining that bankruptcy is the best way to deal with your financial problems. This article provides an overview of commonly asked questions, but it simply can not explain every aspect of the bankruptcy process. If you still have questions after reading it, […]
Life After Bankruptcy in Utah
Life After Bankruptcy In Utah Will I Be Able To Get A Loan After Bankruptcy In Utah? What is Life after bankruptcy in Utah like? One of the most common questions when contemplating whether to file bankruptcy is: will I be successful in getting a loan after bankruptcy? This is particularly true if you desire […]
Use Tax Refund to pay for Bankruptcy
Every year around tax season our clients ask us how bankruptcy will impact the tax refund they are expecting. Some of the questions posed include: Can I spend my tax refund before filing? Can I use my tax refund to pay for the costs of bankruptcy? Should I file bankruptcy before receiving my tax refund? […]