Estate/Gift/GST Tax
The impact of the federal estate, gift and generation-skipping tax must be evaluated with every estate plan. Due to the ever-changing tax law, seasoned professionals are needed. Here is a brief explanation of each tax: Estate Tax: Tax assessed by the federal government upon a person’s transfer of property at death. Gift Tax: A tax levied […]
Glossary of Probate Terms
Administrator: Term no longer is use for a person named in a Will to carry out settlement of the estate. Under the Utah Uniform Probate Code, the term is now “Personal Representative”. Alternate Valuation Date: A date exactly six months following a decedent’s date of death that the Personal Representative may choose to revalue for estate […]
Glossary of Estate Planning Terms
A/B Trust: A type of revocable living trust used by married couples. In this type of living trust, two trusts (trust A and trust B) are created at the death of the first spouse. By dividing the couple’s estate into two trusts at the first death, each spouse can pass the maximum amount of property allowed to […]
Fees For Estate Planning
Our aim is to give clients what they need. When it comes to something as complex and important as your estate plan, you get what you pay for. We have found that most clients’ estates have enough unique aspects that it is impossible to predict accurately at the outset how much time it will take to complete their work. […]
Non-Profit Organizations
Leaders of non-profit organizations prefer to focus on fulfilling the organization’s mission and resources. Guidance from legal counsel with special expertise in federal and state laws applicable to non-profit organizations enables leaders to sustain and expand the organization with assurance that they are in compliance with tax and legal requirements. From forming non-profit organizations to obtaining tax-exempt […]
Probate & Estate Settlement
Our attorneys work with families needing advice and assistance with estate settlement and estate and trust administration following a loved one’s death. We deal with the demands and details of estate administration so your family does not have to shoulder that burden during your time of grief. As experienced probate attorneys, we can open the […]
LLCs & Corporations
We help clients choose the entity suitable for their business or investment, design and structure the entity, and prepare its governing documents. We provide a full range of services through every phase of business development, from start-up issues to exit strategies. We represent companies from their infancy to their becoming established leaders in many diverse fields, […]
Business Break-Ups & Deadlocks
Business partnerships are like marriages − fun to get into, painful and expensive to get out of. Managed carefully, however, the pain of the dissolution of a business venture or partnership can be greatly reduced, and sometimes free the partners to pursue great opportunities elsewhere. At Armstrong Law Offices we help clients manage business break-ups. We have decades […]
Employee Benefits & Executive Compensation
Our employee benefits and executive compensation services cover a large spectrum of employee issues, including compensation, employee benefits, and incentive plans. We provide those services for clients of all sizes. The scope of our services extends beyond the tax aspects of compensation and benefits to include securities, corporate and other related legal issues. We consult and give advice with […]
Business & Finance Transactions
Regardless of the type of business transaction, having an attorney protecting your interests makes good business sense. In our view it’s cheaper to pay a good business attorney at the front end of a deal than to pay a litigation attorney to fight it out when the deal blows up.