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Estate Planning News
Presiding Judges In Fifth Judicial District
St. George, UT---Judge Michael Westfall has been named presiding judge for the Fifth District Court effective July 1, 2006 through June 30, 2008. Judge Westfall replaces Judge James Shumate. Judge Eric A. Ludlow has been named associate presiding judge.
Judge Thomas M. Higbee has been named presiding judge for the Fifth District Juvenile Court effective July 1, 2006 through June 30, 2008. Judge Higbee replaces Judge Hans Chamberlain.
The presiding judge is responsible for the effective operation of their court. According to court Rule 3-104, presiding judges are responsible for implementation and enforcement of statutes, rules, policies, and directives of the Judicial Council as they pertain to the administration of the courts. The presiding judge is responsible for assigning cases and judges.
The Fifth Judicial District presiding judges and associated presiding judges are selected on a rotation basis. When the presiding judge is unavailable, the associate presiding judge assumes his or her responsibilities.
A "Family Limited Partnership" can be used to own and manage your property
In a similar manner to a Trust, but allowing additional tax planning techniques to be employed. Family Limited Partnerships are typically used for those who have large estates and thus have a need for specialized estate planning in order to minimize federal and state estate/death/inheritance taxes as well as provide elements of asset protection.
Newsroom
Latest news about Financial & Estate Planning in Miami and nationwide:
Law Firm, Ironically, For The Unfair
In February, 2003, the California Attorney General sued a law firm, ironically, for the unfair business practices of targeting thousands of sm... Read more >
Violation Of A Technical Rule
Businesses in California are facing, among other things, 100-400% increases in workers' compensation premiums, increasing employer mandates, a... Read more >
Definition:
An authorization to proceed by a person who has been given and understands all of the relevant facts.
Devise
Definition:
A gift made by a will or a trust. A devise is made to a beneficiary under the terms of the will or trust.
Fiduciary
Definition:
A person in whom one places great confidence in and upon whom one relies for his or her integrity, trust, and good faith. A fiduciary has the legal duty to act in the best interest and benefit of another and therefore is held to the very highest legal standards. A trustee is a fiduciary.
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