Estate Planning

Salt Lake City, Utah, Wills and Trusts Attorneys

At Parsons Behle & Latimer, we believe that estate planning is one of the most important things you can do to protect your family's success. Our estate planning attorneys routinely represent U.S. and international clients in personal income, gift and estate tax planning, and Medicaid eligibility planning. We also provide comprehensive representation in probate and elder care.

Wills • Trusts • Probate • Elder law • Contested wills

Contact: Kent Alderman, 801-536-6715, KAlderman@parsonsbehle.com or Matt Cook, 801-536-6819, MCook@parsonsbehle.com or Randy Grimshaw, 801.536.6779, RGrimshaw@parsonsbehle.com.

Elder Law

Elder Law is becoming an increasingly important part of estate planning practice as the elderly become a larger portion of the overall U.S. population. We regularly assist clients in Utah, Nevada and other states with the challenges of caring for elderly or incapacitated family members. We offer a wide variety of elder law-related services, including:

• Powers of attorney and substituted decision making
• Guardianship services
• Conservatorship services
• End of life planning
• Insurance and governmental benefits advice
• Retirement benefits planning
• Elder abuse and elder fraud investigation and litigation
• Health care directives
• Housing reverse mortgages, life care contracts, long term care arrangements
• Age discrimination
• Medicaid planning, including long-term care planning, asset protection and medical assistance eligibility
• Supplemental Needs Trusts/Special Needs Trusts
• Competency and mental capacity determinations
• Legislation and lobbying on elder care issues
• Disability planning

Attorneys focused on this area:

• Alderman, Kent B.
• Grimshaw, Randy M.
• Miller, Maxwell A.
• Lehman, Mark E.

Probate and Trusts

An important area of estate planning for many families involves the administration of estates and trusts. In some cases, the tax issues that arise during estate or trust administration can demand significant knowledge of tax law from the estate planning advisor. The estate planning/elder law group can assist clients in administering trusts and probating estates, from the most simple estates and trusts to the most complex ones.

Estate administration services include:

• Preparation and filing of federal and state estate tax, income tax, gift tax and generation skipping transfer tax returns
• Estate administration
• Trust funding and administration
• Contested wills, probate, and trust litigation

Attorneys focused on this area:

• Alderman, Kent
• Cook, Matthew D.

Wealth Management

Estate planning for the transfer of wealth is a necessity of life for most families, and for families with significant assets, the tax implications of estate and wealth transfer planning can have a huge impact. Our wealth management services range from basic estate planning to planning for large estates, lifetime wealth transfers, asset protection and specialized planning for owners of closely held businesses, executives of publicly held corporations, international clients and other clients with highly specialized planning needs.

We assist clients with a wide variety of wealth transfer estate planning strategies, including:

• Inter Vivos Trusts (Living Trusts)
• Basic Wills and Testamentary Trusts
• Qualified Terminable Interest Marital Property Trusts
• Educational Trusts
• Crummey Trusts
• Life Insurance Trusts
• Grantor Retained Annuity Trusts
• Federal Estate Tax Planning
• Grantor Retained Unitrusts Trusts
• Charitable Remainder Trusts
• Planning for international or migratory clients
• Planning for highly compensated clients
• Planning for business owners, clients with stock or stock options on closely held corporations and other typical executive compensation issues
• Family Limited Partnerships and Limited Liability Companies

Attorneys focused on this area:

• Grimshaw, Randy
• Barusch, Lawrence
• Alderman, Kent
• Cook, Matthew D.

It is never too early or too late to begin protecting your family's success. Contact our offices to schedule a consultation with an attorney in our estate planning group today.