Wright Law Offices, PLLC

Wright Law Offices, PLLC Experienced, Professional Legal Services. http://www.wrightlawidaho.com Please visit our website to learn more about us, or call today for a consultation.

Wright Law Offices, PLLC is a law office committed to meeting the many and varied legal needs of employers, business owners and institutional clients. Serving clients in Idaho Falls, Idaho, and the surrounding areas, we are experienced business attorneys with a focus on:

• Business formation
• Contracts
• Business litigation
• Strategic planning
• Estate planning

Because we want to help you avoi

d problems before they occur, we frequently counsel clients, review materials and assist with statutory and regulatory compliance. A significant portion of our practice is also devoted to meeting our clients' estate planning needs. We pride ourselves on being the most reasonable and experienced legal services that you can find, and we would love the opportunity to work by your side.

How do you pay for long-term care needs? Seventy percent (70%) of seniors will need some form of long-term care. Yet Med...
06/01/2026

How do you pay for long-term care needs? Seventy percent (70%) of seniors will need some form of long-term care. Yet Medicare and your health insurance policy will not pay for those costs.
Many assume they must pay for long-term care (LTC) out of their own funds or purchase long-term care insurance. This insurance is a type of policy that will pay benefits when the insured is unable to perform certain activities of daily living (ADLs) such as eating, bathing, dressing, toileting, and transferring.
However, the “classic” LTC insurance product does not have a good reputation as an effective solution. There are options to prepare for long-term care as long as you plan ahead. Learn more on our website.

https://wrightlawidaho.com/is-long-term-care-insurance-the-best-answer-for-me/

The need for long term care can last for years. This is true even for residents of nursing homes, the most expensive lev...
05/25/2026

The need for long term care can last for years. This is true even for residents of nursing homes, the most expensive level of long-term care. According to one study, most nursing home patients will be there for at least a year. In fact, almost 25% will remain patients for more than three years.

Given this, it is cruelly ironic that the need for long term care too often arises suddenly. The lifestyle and independence to which seniors are accustomed can be changed forever without advance notice.
A stroke or a fall are two common ways in which long term needs arise suddenly. The CDC confirms that strokes are a leading cause of serious long-term disability. Seniors make up almost two-thirds of those hospitalized for a stroke.

A few basic steps, taken early enough, can significantly lighten the burden for caregivers and ensure the wishes of seniors are respected. Visit WrightLawIdaho.com to read more.


https://wrightlawidaho.com/when-the-need-for-long-term-care-arises-in-an-instant/

The statistics are intimidating. According to www.medicare.org, seventy percent (70%) of seniors will need some form of ...
05/18/2026

The statistics are intimidating. According to www.medicare.org, seventy percent (70%) of seniors will need some form of long-term care. Neither Medicare nor the Affordable Care Act will pay for these costs. Nor will the typical health insurance policy. Yet the costs for this care can reach, or even exceed, ten thousand dollars a month.
So many people, even professional advisors, misunderstand how to properly address this risk. Several years ago, I received a phone call from an attorney. He told me about a senior couple he represented. They had approximately $200,000 in assets when the husband suddenly fell chronically ill. He would need long term care. They were obviously worried about how they would pay for his care.
The first step is to learn more about long term care issues and options available to you. For more information, visit our blog or contact the Wright Law Offices today.


https://wrightlawidaho.com/the-risk-to-your-estate-we-must-start-talking-about/

For most of us, retirement is a goal we hope will allow us to enjoy the fruits of previous sacrifices. While preparation...
05/11/2026

For most of us, retirement is a goal we hope will allow us to enjoy the fruits of previous sacrifices. While preparation increases the likelihood that we can enjoy our golden years, there are many uncertainties that determine whether retirement is an opportunity or a burden.

Each of us would also like to leave a legacy to those who follow. We hope what remains at our passing will make others’ lives better. However, those same uncertainties can also impact what is available for us to leave behind.

No longer can your estate plan address only what happens upon your passing. It must work in lockstep with your retirement plan and account for end-of-life issues, including potential long-term care needs. Read our blog to learn more.


https://wrightlawidaho.com/the-critical-link-between-retirement-planning-and-estate-planning/

Previously I have written about the heartbreak I see in some seniors who feel as if they are nothing more than a source ...
05/04/2026

Previously I have written about the heartbreak I see in some seniors who feel as if they are nothing more than a source of money or assets to those who they leave behind when they pass. No estate can exceed the blessing of the lives and lessons we learn from those who came before us. Their values surely exceed their valuables.

One such post elicited a rather poignant response from one woman. Hers was a second marriage, and her current spouse was receding into the fog of dementia. As we discussed her circumstances, she said, “please let his children know I need help.”

More than 65 million people -- approximately 29% of the U.S. population -- are caregivers for a chronically ill, disabled or aged individual. Not surprisingly, the vast majority are unpaid family caregivers.

This heroic effort may be what families do for each other, but its costs are very real. There is help available though, so caregivers and those who need care are both getting the support they need.

Read our latest blog to learn more!


https://wrightlawidaho.com/the-worth-of-values-vs-valuables/

For the last several posts I have addressed critical steps for parents who desire to pass on the farm, ranch, or other b...
04/27/2026

For the last several posts I have addressed critical steps for parents who desire to pass on the farm, ranch, or other business to the next generation. Last post, I gave the example in which one child wants to own/operate the business, but the others are not interested. How do you divide the estate? One way is to let all the children have a share of the profits but only one child makes the business decisions.

What if the business does not produce enough profit to divide things this way? First, remember that a “fair” division of the profits is not necessarily the same as an “equal” division. That is a very personal decision specific to each family.

To learn more about the options available when passing on a family business, read our article.


https://wrightlawidaho.com/have-you-considered-these-options-to-pass-on-the-family-business/

At some point, every family business owner considers what will happen when they are no longer able to run their business...
04/20/2026

At some point, every family business owner considers what will happen when they are no longer able to run their business. Will they be able to retire when they are ready and successfully pass on the business?
For this to happen, family business owners must identify the specific result they want. Without a specific destination in mind, there is little chance a business owner will end up where they want to be.

Perhaps the biggest challenge is that most parents want to be fair to their children. However, when their children have different attitudes and interests about the business, it is very difficult for parents to define what is “fair”, let alone accomplish a fair result. Nevertheless, if the parents can identify and prioritize the results important to them, there are often multiple options available to achieve these results.

If you're interested in learning more about this, visit our blog!


https://wrightlawidaho.com/use-the-structure-of-your-family-business-to-help-your-estate-plan/

The strengths, skills and persistence that build a successful business are also skills that help prepare that business f...
04/13/2026

The strengths, skills and persistence that build a successful business are also skills that help prepare that business for a successful transition to the next generation. Unfortunately, many business owners do not see the importance of using those same skills to prepare for the transition. They assume the process, and the result they want, will occur even if they do not specifically work for it.
Just like running a business, obtaining the desired result requires applying the appropriate strategy. If you need advice or someone to walk you through making an effective strategy, visit our website and contact us today!


https://wrightlawidaho.com/family-business-estate-planning/

Last post I discussed the challenges facing families attempting to pass on the family farm, ranch, or other business. F...
04/06/2026

Last post I discussed the challenges facing families attempting to pass on the family farm, ranch, or other business. Family-owned businesses play a critical role in society. Those of us who reside in rural agricultural areas know this to be especially true.

However, a commonly cited statistic suggests that 70% of family-owned businesses do not survive the transition to the next generation. This is an incredible (and I think questionable) statistic. Why would this process result in the end of so many businesses? I am convinced that this result is entirely unnecessary.

Before discussing solutions, it is important to identify the obstacles. In my opinion, the obstacles may be different than what many family business owners think. When I discuss this issue with clients or potential clients, they typically identify concerns over complexity and cost. In reality, this thinking may simply be a symptom of the actual obstacle. This obstacle is the failure to “plan when you can.”

Continue to our blog to learn more.


https://wrightlawidaho.com/a-successful-start-to-pass-on-the-family-farm-ranch-or-business/

A substantial part of my practice is spent helping families prepare to pass on the family farm, ranch, or other business...
03/30/2026

A substantial part of my practice is spent helping families prepare to pass on the family farm, ranch, or other business. Given that this is usually the family’s largest asset, it is critical the process be done properly.

Unfortunately, most family businesses fail to transition to the next generation. However, the likelihood of success dramatically increases when the family prepares for the transition. As the second-generation owner of a firm started by my father more than 50 years ago, and because my daughter is also now part of the firm, I understand the importance of this issue personally and professionally.

An effective plan addresses these unknowns and sets the next generation up for success. Control of the operation is transferred as the first generation is ready to step away and the younger generation is properly trained.


https://wrightlawidaho.com/would-you-like-to-pass-on-the-family-farm-ranch-or-business/

Address

477 Shoup Avenue, Ste 109
Idaho Falls, ID
83402

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+12085234433

Website

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