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Liked on YouTube: Are Estate Planning costs tax deductible 801-676-5507 Utah Attorney explains
Are estate planning costs tax deductible http://slcestateplanning.com Well yes, they are; however, they are subject to the 2% deduction limit. Additionally, the method to deduct your estate planning expenses, the IRS mandates that estate planning costs and fees should be for the use of the following 3 factors - FIrst, they have to be for the production or collection of income - Second – they have to be for the express purposes of management, conservation or maintenance of property which is owned and controlled to actually produce income - or in the alternative, third, it must connect to the determination or collection or refund of any taxes. So long as you can meet these critera - you pass. The best source to review (if you really want to get into it, is IRS publication 529 - this goes over the 2% limit that I talk about and it also helps you understand how you can deduct estate planning costs from your taxes I hope you found this helpful - if you did, please subscribe to my channel. Please also like this video. If you have other questions, please let me know and I will produce more videos to answer your questions. Our phone: 801-676-5507 Our office: 8833 South Redwood Road, Suite C, West Jordan, Utah 84088 - come by and visit us anytime between 8am and 5pm M-F Remember, if you live in West Jordan, South Jordan, Bingham Canyon, Pepperwood, Cottonwood Heights, Salt Lake City, Sandy, Midvale, Riverton, Draper, Copperton, Magna, Alpine, Lehi, Tooele, North Salt Lake, Bountiful, Woods Cross, Lindon, Centerville, Orem, Park City, Farmington, Provo, Kaysville, Layton, Syracuse, Clearfield, Hill AFB, or Grantsville we are here to assist you with your estate plan. #UtahEstatePlanning #AscentLawFirm #MikeAnderson Are Estate Planning costs tax deductible Are Estate Planning costs tax deductible Are Estate Planning costs tax deductible
July 18, 2016 at 09:35PM

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Liked on YouTube: Are Estate Planning costs tax deductible...

Liked on YouTube: Are Estate Planning costs tax deductible 801-676-5507 Utah Attorney explains
Are estate planning costs tax deductible http://slcestateplanning.com Well yes, they are; however, they are subject to the 2% deduction limit. Additionally, the method to deduct your estate planning expenses, the IRS mandates that estate planning costs and fees should be for the use of the following 3 factors - FIrst, they have to be for the production or collection of income - Second – they have to be for the express purposes of management, conservation or maintenance of property which is owned and controlled to actually produce income - or in the alternative, third, it must connect to the determination or collection or refund of any taxes. So long as you can meet these critera - you pass. The best source to review (if you really want to get into it, is IRS publication 529 - this goes over the 2% limit that I talk about and it also helps you understand how you can deduct estate planning costs from your taxes I hope you found this helpful - if you did, please subscribe to my channel. Please also like this video. If you have other questions, please let me know and I will produce more videos to answer your questions. Our phone: 801-676-5507 Our office: 8833 South Redwood Road, Suite C, West Jordan, Utah 84088 - come by and visit us anytime between 8am and 5pm M-F Remember, if you live in West Jordan, South Jordan, Bingham Canyon, Pepperwood, Cottonwood Heights, Salt Lake City, Sandy, Midvale, Riverton, Draper, Copperton, Magna, Alpine, Lehi, Tooele, North Salt Lake, Bountiful, Woods Cross, Lindon, Centerville, Orem, Park City, Farmington, Provo, Kaysville, Layton, Syracuse, Clearfield, Hill AFB, or Grantsville we are here to assist you with your estate plan. #UtahEstatePlanning #AscentLawFirm #MikeAnderson Are Estate Planning costs tax deductible Are Estate Planning costs tax deductible Are Estate Planning costs tax deductible
July 18, 2016 at 09:35PM

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Liked on YouTube: Are estate planning costs tax deductible...

Liked on YouTube: Are estate planning costs tax deductible Holladay UT Lawyer 801-676-5507 Are estate planning costs t
Are estate planning costs tax deductible  http://Guardian-Law.com   Top reviewed Herriman UT Estate Planning Attorney outlines Are Estate Planning Costs Tax Deductible by the IRS?     Short answer is yes.  Further, the manner to deduct your estate planning fees, the IRS requires that estate planning costs should be for the use of the following three factors: First, they have to be for the production or collection of income – 2nd – they have to be for the written purposes of management, conservation or maintenance of property which is owned and controlled to produce income - or, 3rd, it must be connected to to the determination or collection or refund of any taxes.   So long as you can meet these critera - you pass.   The best source to review is IRS publication 529 – pub 529 tells you that you can’t go over the two percent limit that I explain in the video and it also helps you understand how you can deduct estate planning costs from your taxes now.   I hope you found this helpful - if you did,   Please like this video.  If you have other questions, please let me know and I will produce more videos to answer your questions.   Remember, if you live in West Jordan, South Jordan, Salt Lake City, Herriman, Sandy, Midvale, Riverton, Draper, Copperton, Magna, Alpine, Lehi, Tooele, North Salt Lake, Bountiful, Woods Cross, Lindon, Centerville, Orem, Bluffdale, Park City, Farmington, Provo, Kaysville, Layton, Syracuse, Clearfield, Hill AFB, or Grantsville we are here to assist you with your estate plan.   Call Me When you’re ready 801-676-7308   address : 8833 So. Redwood Road, WJ, Utah 84088   This show is for Grantsville UT businesses who need an Probate Attorney   Thanks …   Remember, if you live in West Jordan, Holladay, South Jordan, Bingham Canyon, Pepperwood, Cottonwood Heights, Salt Lake City, Sandy, Midvale, Riverton, Draper, Copperton, Magna, Alpine, Lehi, Tooele, North Salt Lake, Bountiful, Woods Cross, Lindon, Centerville, Orem, Park City, Farmington, Provo, Kaysville, Layton, Syracuse, Clearfield, Hill AFB, or Grantsville we are here to assist you with your estate plan.   #UtahEstatePlanning #AscentLawFirm #MikeAnderson   Are Estate Planning costs tax deductible Are Estate Planning costs tax deductible Are Estate Planning costs tax deductible
July 18, 2016 at 09:29PM

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Liked on YouTube: wills trusts estate planning attorney Utah...

Liked on YouTube: wills trusts estate planning attorney Utah 801-676-5507 Probate Lawyer Mike Anderson
wills trusts estate planning attorney Utah http://slcestateplanning.com So many people have asked me about wills trusts estate planning in the state of Utah that I needed to make this video and explain a little bit about the topic. The actual question was: how often do I need to update my estate plan? If you already have done your estate planning and you have a will and a trust, a durable power of attorney and your health care directive, congratulations! That is great! Now, just because you’ve done that, doesn’t mean that those documents won’t need to be updated at some point. A little bit ago an older client came in who hadn’t updated his estate plan since 1982? Imagine that! You should also consider that the average will that is probated in the United States is about 30 years old. So what should you do to make sure that your will and trust and overall estate plan doesn’t get outdated? You should probably meet with your estate planning lawyer at least once a year. Now, maybe that is overkill for some. The real standard should be whenever there is a major or life event that happens. For example – you have another child; or you won the lottery  – sorry, I couldn’t help that one; but if you start a business, close a business, have a child get married, you have a grandchild, you purchase a new property; get a boat, get a rental property; buy a beach house or cabin; when you retire, or when a family member dies – all of these are life events that can affect your estate plan. Look – if you’re watching this video or reading this now, you probably realize that you need to speak with an estate planning attorney. We can help you – give us a call. Call me today for your free consultation 801-676-5507. Our office is located at 8833 South Redwood Road, Suite C, West Jordan, Utah 84088. We focus our practice on those who live in South Jordan, Salt Lake City, Pepperwood, Cottonwood Heights, Highland, Holladay, Sandy, Midvale, Riverton, Draper, Magna, Alpine, Herriman, Bluffdale, Lehi, Tooele, North Salt Lake, Bountiful, Woods Cross, Orem, Park City, Farmington, Provo, Camp Williams, or Grantsville. But you should know that we have done probate and estate cases for people all over the United States and if you have a question, we offer a no-obligation free initial consultation, so feel free to give us a call - I hope to hear from you soon. Be sure to subscribe to my channel. Please like this video. Thanks! wills trusts estate planning attorney Utah wills trusts estate planning attorney Utah wills trusts estate planning attorney Utah #MichaelAnderson #AttorneyMikeAnderson #AscentLawFirm #SLCEstatePlanning #EstatePlan #Probate #LivingTrust
July 18, 2016 at 09:27PM

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Liked on YouTube: wills trusts estate planning attorney Utah...

Liked on YouTube: wills trusts estate planning attorney Utah 801-676-5507 Probate Lawyer Mike Anderson
wills trusts estate planning attorney Utah http://slcestateplanning.com So many people have asked me about wills trusts estate planning in the state of Utah that I needed to make this video and explain a little bit about the topic. The actual question was: how often do I need to update my estate plan? If you already have done your estate planning and you have a will and a trust, a durable power of attorney and your health care directive, congratulations! That is great! Now, just because you’ve done that, doesn’t mean that those documents won’t need to be updated at some point. A little bit ago an older client came in who hadn’t updated his estate plan since 1982? Imagine that! You should also consider that the average will that is probated in the United States is about 30 years old. So what should you do to make sure that your will and trust and overall estate plan doesn’t get outdated? You should probably meet with your estate planning lawyer at least once a year. Now, maybe that is overkill for some. The real standard should be whenever there is a major or life event that happens. For example – you have another child; or you won the lottery  – sorry, I couldn’t help that one; but if you start a business, close a business, have a child get married, you have a grandchild, you purchase a new property; get a boat, get a rental property; buy a beach house or cabin; when you retire, or when a family member dies – all of these are life events that can affect your estate plan. Look – if you’re watching this video or reading this now, you probably realize that you need to speak with an estate planning attorney. We can help you – give us a call. Call me today for your free consultation 801-676-5507. Our office is located at 8833 South Redwood Road, Suite C, West Jordan, Utah 84088. We focus our practice on those who live in South Jordan, Salt Lake City, Pepperwood, Cottonwood Heights, Highland, Holladay, Sandy, Midvale, Riverton, Draper, Magna, Alpine, Herriman, Bluffdale, Lehi, Tooele, North Salt Lake, Bountiful, Woods Cross, Orem, Park City, Farmington, Provo, Camp Williams, or Grantsville. But you should know that we have done probate and estate cases for people all over the United States and if you have a question, we offer a no-obligation free initial consultation, so feel free to give us a call - I hope to hear from you soon. Be sure to subscribe to my channel. Please like this video. Thanks! wills trusts estate planning attorney Utah wills trusts estate planning attorney Utah wills trusts estate planning attorney Utah #MichaelAnderson #AttorneyMikeAnderson #AscentLawFirm #SLCEstatePlanning #EstatePlan #Probate #LivingTrust
July 18, 2016 at 09:27PM

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Liked on YouTube: wills trusts estate planning attorney Utah...

Liked on YouTube: wills trusts estate planning attorney Utah 801-676-5507 Probate Lawyer Mike Anderson
wills trusts estate planning attorney Utah http://slcestateplanning.com So many people have asked me about wills trusts estate planning in the state of Utah that I needed to make this video and explain a little bit about the topic. The actual question was: how often do I need to update my estate plan? If you already have done your estate planning and you have a will and a trust, a durable power of attorney and your health care directive, congratulations! That is great! Now, just because you’ve done that, doesn’t mean that those documents won’t need to be updated at some point. A little bit ago an older client came in who hadn’t updated his estate plan since 1982? Imagine that! You should also consider that the average will that is probated in the United States is about 30 years old. So what should you do to make sure that your will and trust and overall estate plan doesn’t get outdated? You should probably meet with your estate planning lawyer at least once a year. Now, maybe that is overkill for some. The real standard should be whenever there is a major or life event that happens. For example – you have another child; or you won the lottery  – sorry, I couldn’t help that one; but if you start a business, close a business, have a child get married, you have a grandchild, you purchase a new property; get a boat, get a rental property; buy a beach house or cabin; when you retire, or when a family member dies – all of these are life events that can affect your estate plan. Look – if you’re watching this video or reading this now, you probably realize that you need to speak with an estate planning attorney. We can help you – give us a call. Call me today for your free consultation 801-676-5507. Our office is located at 8833 South Redwood Road, Suite C, West Jordan, Utah 84088. We focus our practice on those who live in South Jordan, Salt Lake City, Pepperwood, Cottonwood Heights, Highland, Holladay, Sandy, Midvale, Riverton, Draper, Magna, Alpine, Herriman, Bluffdale, Lehi, Tooele, North Salt Lake, Bountiful, Woods Cross, Orem, Park City, Farmington, Provo, Camp Williams, or Grantsville. But you should know that we have done probate and estate cases for people all over the United States and if you have a question, we offer a no-obligation free initial consultation, so feel free to give us a call - I hope to hear from you soon. Be sure to subscribe to my channel. Please like this video. Thanks! wills trusts estate planning attorney Utah wills trusts estate planning attorney Utah wills trusts estate planning attorney Utah #MichaelAnderson #AttorneyMikeAnderson #AscentLawFirm #SLCEstatePlanning #EstatePlan #Probate #LivingTrust
July 18, 2016 at 09:27PM

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Liked on YouTube: wills trusts estate planning attorney Utah...

Liked on YouTube: wills trusts estate planning attorney Utah 801-676-5507 Probate Lawyer Mike Anderson
wills trusts estate planning attorney Utah http://slcestateplanning.com So many people have asked me about wills trusts estate planning in the state of Utah that I needed to make this video and explain a little bit about the topic. The actual question was: how often do I need to update my estate plan? If you already have done your estate planning and you have a will and a trust, a durable power of attorney and your health care directive, congratulations! That is great! Now, just because you’ve done that, doesn’t mean that those documents won’t need to be updated at some point. A little bit ago an older client came in who hadn’t updated his estate plan since 1982? Imagine that! You should also consider that the average will that is probated in the United States is about 30 years old. So what should you do to make sure that your will and trust and overall estate plan doesn’t get outdated? You should probably meet with your estate planning lawyer at least once a year. Now, maybe that is overkill for some. The real standard should be whenever there is a major or life event that happens. For example – you have another child; or you won the lottery  – sorry, I couldn’t help that one; but if you start a business, close a business, have a child get married, you have a grandchild, you purchase a new property; get a boat, get a rental property; buy a beach house or cabin; when you retire, or when a family member dies – all of these are life events that can affect your estate plan. Look – if you’re watching this video or reading this now, you probably realize that you need to speak with an estate planning attorney. We can help you – give us a call. Call me today for your free consultation 801-676-5507. Our office is located at 8833 South Redwood Road, Suite C, West Jordan, Utah 84088. We focus our practice on those who live in South Jordan, Salt Lake City, Pepperwood, Cottonwood Heights, Highland, Holladay, Sandy, Midvale, Riverton, Draper, Magna, Alpine, Herriman, Bluffdale, Lehi, Tooele, North Salt Lake, Bountiful, Woods Cross, Orem, Park City, Farmington, Provo, Camp Williams, or Grantsville. But you should know that we have done probate and estate cases for people all over the United States and if you have a question, we offer a no-obligation free initial consultation, so feel free to give us a call - I hope to hear from you soon. Be sure to subscribe to my channel. Please like this video. Thanks! wills trusts estate planning attorney Utah wills trusts estate planning attorney Utah wills trusts estate planning attorney Utah #MichaelAnderson #AttorneyMikeAnderson #AscentLawFirm #SLCEstatePlanning #EstatePlan #Probate #LivingTrust
July 18, 2016 at 09:27PM

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Liked on YouTube: wills trusts estate planning attorney Utah...

Liked on YouTube: wills trusts estate planning attorney Utah 801-676-5507 Probate Lawyer Mike Anderson
wills trusts estate planning attorney Utah http://slcestateplanning.com So many people have asked me about wills trusts estate planning in the state of Utah that I needed to make this video and explain a little bit about the topic. The actual question was: how often do I need to update my estate plan? If you already have done your estate planning and you have a will and a trust, a durable power of attorney and your health care directive, congratulations! That is great! Now, just because you’ve done that, doesn’t mean that those documents won’t need to be updated at some point. A little bit ago an older client came in who hadn’t updated his estate plan since 1982? Imagine that! You should also consider that the average will that is probated in the United States is about 30 years old. So what should you do to make sure that your will and trust and overall estate plan doesn’t get outdated? You should probably meet with your estate planning lawyer at least once a year. Now, maybe that is overkill for some. The real standard should be whenever there is a major or life event that happens. For example – you have another child; or you won the lottery  – sorry, I couldn’t help that one; but if you start a business, close a business, have a child get married, you have a grandchild, you purchase a new property; get a boat, get a rental property; buy a beach house or cabin; when you retire, or when a family member dies – all of these are life events that can affect your estate plan. Look – if you’re watching this video or reading this now, you probably realize that you need to speak with an estate planning attorney. We can help you – give us a call. Call me today for your free consultation 801-676-5507. Our office is located at 8833 South Redwood Road, Suite C, West Jordan, Utah 84088. We focus our practice on those who live in South Jordan, Salt Lake City, Pepperwood, Cottonwood Heights, Highland, Holladay, Sandy, Midvale, Riverton, Draper, Magna, Alpine, Herriman, Bluffdale, Lehi, Tooele, North Salt Lake, Bountiful, Woods Cross, Orem, Park City, Farmington, Provo, Camp Williams, or Grantsville. But you should know that we have done probate and estate cases for people all over the United States and if you have a question, we offer a no-obligation free initial consultation, so feel free to give us a call - I hope to hear from you soon. Be sure to subscribe to my channel. Please like this video. Thanks! wills trusts estate planning attorney Utah wills trusts estate planning attorney Utah wills trusts estate planning attorney Utah #MichaelAnderson #AttorneyMikeAnderson #AscentLawFirm #SLCEstatePlanning #EstatePlan #Probate #LivingTrust
July 18, 2016 at 09:27PM

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Liked on YouTube: Bankruptcy Attorney Cottonwood Heights Utah (801) 676-5507 HOA Fees in Bankruptcy

Liked on YouTube: Bankruptcy Attorney Cottonwood Heights Utah (801) 676-5507 HOA Fees in Bankruptcy Bankruptcy Attorney Sandy Utah (801) 676-5507 HOA Fees in Bankruptcy…

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Liked on YouTube: Bankruptcy Attorney Cottonwood Heights Utah...

Liked on YouTube: Bankruptcy Attorney Cottonwood Heights Utah (801) 676-5507 HOA Fees in Bankruptcy
Bankruptcy Attorney Sandy Utah (801) 676-5507 HOA Fees in Bankruptcy   If you are looking to get out from underneath homes that are upside down in value file a Chapter 7 Bankruptcy. However, bankruptcy deals only with the debt, not the title or deed. When you surrender your home in chapter 7 bankruptcy case, you discharge (or get rid of) any responsibility on the mortgage, but your name is still on the title to the house.   If you are on title – then you are still liable to pay HOA dues and assessments.   Even if you are surrendering your home in chapter 7 bankruptcy, you are still personally liable for HOA dues and assessment that come due after the bankruptcy filing date.   Since a bankruptcy does not remove your name from the title to the property, you are responsible for HOA dues and property upkeep.   Crazy huh?   It could be many months to many years before the lender forecloses. In the meantime, the HOA can pursue the owner of the property to get the HOA fees.  Yes, you can be sued.   I’ve been told by a mortgage broker it can take 2 years to qualify for a mortgage after bankruptcy.   The best idea is for you to continue to live in the house as long as possible.   In most Utah chapter 7 bankruptcies in which a home is surrendered, the lenders foreclose relatively quickly, it is usually quick.   That’s why you should meet with attorney Michael Anderson fast 801-676-5507   Address: 8833 South Redwood Road, Suite C, West Jordan, Utah 84088   Remember, if you live in West Jordan, South Jordan, Salt Lake City, Herriman, Sandy, Midvale, Riverton, Draper, Copperton, Magna, Alpine, Lehi, Tooele, North Salt Lake, Bountiful, Woods Cross, Lindon, Centerville, Orem, Bluffdale, Park City, Farmington, Provo, Kaysville, Layton, Syracuse, Clearfield, Hill AFB, or Grantsville we are here to assist you with your estate plan.   #MichaelAnderson #AscentLaw #UtahBankruptcy #Chapter7 #Chapter13
July 5, 2016 at 10:42PM

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