Year: 2018

Is Do It Yourself Estate Planning a Good Idea?

November 28, 2018

This morning, a fairly recent New York Times article on the topic of “do it yourself” Wills popped up on my computer.  This is a subject near and dear to my heart (for a variety of reasons), so I decided to spend some time reading and considering the content of the online article.  What follows are […]

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Qualtrics, the 8 billion dollar startup?

November 16, 2018

SAP to buy startup Qualtrics for $8 billion.  That is global news and something that has almost rattled the Silicon Slopes here in Utah.  Let’s focus on the headline mentioning that German tech giant SAP is paying $8 billion (yes, that’s billion with a “B”) for a “startup” company.  Doesn’t that seem like something of […]

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How to work with an attorney (Huffington Post article)–part 3

October 16, 2018

The money stuff matters when you are working with an attorney. So make sure you understand from the beginning how you will be billed.

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How to work with an attorney (Huffington Post article)–part 2

August 27, 2018

In the last post, we started discussing the Huffington Post article titled “My Lawyer, My Friend” and this post is a continuation of that discussion.  The premise of the article is that there are important considerations which, if understood and followed by a client, will greatly increase the likelihood that a client dealing with an attorney […]

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How to work with an attorney (Huffington Post article)–part 1

August 13, 2018

Since Abraham Lincoln was an attorney before and far longer than he was President of the United States, it is fitting that we reference Mr. Lincoln in the context of the “good” attorneys.  He was certainly good in the context of his skills, knowledge and legal qualifications.  So, when people are being overly critical of […]

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Supreme Court provides mechanism for states to collect sales tax from online retailers

June 22, 2018

This court decision will be applauded by local businesses and likely mourned by many online retailers.  Either way, it represents the Supreme Court overstepping its bounds.  The Court is supposed to interpret and uphold the Constitution and statutory laws, not make their own laws based on “economic reality.” Do I support local businesses? You bet.  […]

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Biggest threat to your estate could be those closest to you (CNBC article)

June 15, 2018

Family conflicts could be the biggest problem with your estate plan.  Contrary to popular belief, this is more likely if you fall into the less-than-wealthy category.  Fewer assets to go around often results in more strife among heirs. Tax considerations (estate tax mostly) have traditionally dominated the focus of estate planning.  Today, with the current […]

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Asset or equity sale? How about a little of both via Section 338(h)(10) election?

June 11, 2018

In a business sale transaction, the buyer typically desires to buy assets and the seller usually wants to sell equity.  Section 338(h)(10) of the tax code provides a win/win opportunity to both parties (when applicable). There are tax and legal reasons for the customary situation where the seller of a business wants to structure the same […]

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How to choose the right estate planning attorney (thebalance.com article)

June 4, 2018

Since there is no shortage of attorneys, you need the correct approach in choosing your estate planning attorney. Expertise, experience and a good fit (both ways) are important considerations when someone is trying to determine who to retain for estate planning legal work.  A recent online article titled “How to Interview a Prospective Estate Planning […]

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Most U.S. Adults Have Done Zero Estate Planning, New Survey Reveals (Huffington Post article)

May 29, 2018

“…if you don’t have a will, the state has one for you…”  The majority of American adults have done nothing when it comes to estate planning.  Why?  Well, there are many reasons, to be sure.  And the reasons vary person to person.  This Huffington Post article discusses some of the most common themes as to […]

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