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A trust is an entity separate from you that can own assets. You can transfer ownership of assets such as your real estate or a bank account to the trust and appoint a trustee to manage them. Both individuals and corporations can serve as trustee, though corporations...
When you get divorced, you may worry about how you will cope, how your life will change and what your life will look like after divorce finalization. However, one of your biggest concerns is likely how your children will react to this major change. In 2018, according...
It is highly likely that if you have any children with your ex-spouse that you will be parenting together with him or her after the divorce. In an ideal world, you and your ex-spouse would be able to work together in the best interest of the children despite your...
As the holiday season approaches, many parents in Utah look forward to having time off work that allows them to spend more time with their kids. Yet for many, their holiday parenting time is often impacted by a child custody agreement. Indeed, according to the...
Children with special needs require a different kind of responsibility from their parents. Even as a child with special needs reaches adulthood, you will need to provide continuing care and support. According to Forbes, parents should use estate planning as a tool to...
Ending a marriage after the age of 50 is a life-changing event for anyone, but especially for spouses who may not be up to speed on financial matters. Taking time to understand your current financial situation may help you bring a picture of life after divorce into...
When you divorce your spouse, there are many aspects of your life that undergo immediate changes. However, your estate plan is not one of them. Even if your divorce is amicable, you probably do not want your ex-spouse to receive the same benefits or have the...
As a resident of Utah, you are already ahead of the curve if you have an estate plan written. But you cannot just write an estate plan and have that be the end of it. Instead, you must update it often. But when should you update it? Are there certain times in your...
Utah law sets the age of majority at 18 years old. Child support typically takes affect up until the child is 18 years old and has graduated form high school. Child support does not usually cover higher education costs. However, Utah law provides several avenues for...
Whether you negotiated your divorce agreement or had a trial, the result is a divorce decree. Receiving a divorce decree means your divorce is final. However, it does not mean you are completely finished with the divorce.There may be action items in your divorce...