Prigmore Law

11/26/2024

https://www.prigmorelaw.com/fincen-reporting-requirements-for-small-business-owners/

07/09/2024

Step 1: Calling 911 is appropriate. Many, if not most deaths, occur after someone has reached an age that death seemed likely and requires little or no investigation. The police are trained to make this determination for you. In many deaths, there is a contributing factor other than old age. Life is...

05/29/2024

All of Estate Planning boils down to (1) recording what you want to happen to your property when you pass on and (2) taking care to meet all the requirements of state law to distribute that plan successfully. Many will tell you they have the answers, and some really believe they do, when they have [...

04/03/2024

If you have ever had a discussion about Wills, Trusts and general estate planning, you may have heard the word “probate” come up as something awful to be avoided at all costs. Probate refers to Probate Court where a Judge will review who survived the decedent, choose someone to manage the proper...

10/19/2023

Here's a tip on Wills and Trusts:

Shortcuts rarely turn out as intended. One popular shortcut is to add a child as a joint tenant on the deed to your home. This has two significant flaws:

Flaw 1- Your child now owns part of your home, so you need their permission to sell, and your child's creditors can force the sale of your home to collect your child's 50% share.

Flaw 2- If you had used a Will or Trust to pass on your home AFTER your death (instead of the deed shortcut) you would have allowed your children to skip all of the capital gains taxes that have accrued on the home since the date you purchased it.

Save your kids thousands with a free consultation about your estate today! 801-210-1058.

01/10/2023

Thought about doing a Will or Trust? Call today for a cost-free and pressure-free consultation.

09/23/2021

WRITING YOUR OWN WILL FOR FREE
In Utah, state law allows you to make your own will for free if you choose to.

In Utah, state law allows you to make your own will for free if you choose to. This is often referred to as a “holographic will”. Holographic wills don’t require witnesses. To make one, you simply hand write your wishes and sign the will. Adding a date will give the will priority over past wil...

09/02/2021

What is a Trust? Do I need one?

Most people have heard of a Will because it is so commonly portrayed in books and movies. All of the heirs are shown sitting with rapt attention while an attorney reads the Will and describes who will rewarded by the decedent. A Will normally states the decedent’s last wishes. Property is distribu...

08/26/2021

WHEN IS IT TOO LATE TO SIGN A WILL OR TRUST?

It goes without saying that you must take all steps necessary to complete a Will or Trust before you have died. Anything produced after that date cannot be recognized as valid wishes of the decedent. Anything produced while in a coma will have the same result. Though such questions seem ridiculous,....

08/13/2021

SHOULD I ADD MY CHILDREN TO THE DEED ON MY HOME?
The short answer, almost always, is: NO, please don’t! But there are exceptions.

Should I Add My Children to the Deed on My Home? The short answer, almost always, is NO, please don’t! But there are exceptions. As an attorney and a licensed Title Officer, I have seen many parents attempt an early deed transfer to avoid attorney fees, probate, medical liens and taxes. Unfortunat...