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. […]
Developments in Utah Transfer on Death Deeds 2024
In 2024, a significant update to estate planning in Utah is the growing popularity and legal clarity around Transfer on Death Deeds (TOD Deeds). This legal tool, which allows property owners to pass real estate directly to a beneficiary upon their death, without going through probate, has significantly simplified basic estate planning in Utah.
Understanding Your Rights: Tenants Following the Landlord’s Foreclosure
In the wake of the U.S. foreclosure crisis, and as part of the Helping Families Save Their Homes Act of 2009, congress enacted the Protecting Tenants at Foreclosure Act (“PTFA”). This relatively unknown piece of legislation has significant importance to tenants of property that is foreclosed. Legislative history of the PTFA reveals that “for too […]
Court Denies Wells Fargo’s Attempt to Invalidate Lease
National lender Wells Fargo, N.A.’s (Wells Fargo) attempt to invalidate a residential lease following the foreclosure of a mortgage covering a Highland property was denied by the Fourth District Court in American Fork, Utah pursuant to the Protecting Tenants in Foreclosure Act of 2009. In 2008, the landlord of the subject property defaulted on his […]
