The SECURE Act was signed into law on December 20, 2019, and significantly changes estate planning choices for retirement benefits. With the SECURE Act there are generally three categories of beneficiaries. This article will briefly address a category known as eligible designated beneficiaries which has 5 subcategories. These categories include: 1. The surviving spouse of…
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We did a make-up of two December Students of the Month last Thursday and they are left to right – Tanner Acor from Crimson Cliffs High School, Clay Denos, Club President, and Cole Warner from Snow Canyon High School.
by Maria Todd, PhD MHA, Director of Business Development at St George Surgical Center. Recently the St George Surgical Center (SGSC) invested in the NAVIO robotic-assisted surgical system for full and partial knee replacement surgery to add to its collection of state-of-the-art technology for use by staff surgeons. By now, you’ve probably read about the…
DetailsParents often consider transferring assets to their children during their life. They may believe that the transfer will avoid probate and make it easier for the children upon the parent’s death. Lifetime transfers are sometimes used as an estate planning tool in limited circumstances and may avoid probate; but, for most of the population these…
DetailsAs a tax attorney I often get asked about the difference between employees and independent contractors, why it matters, and how to choose the proper classification. Properly classifying employees and independent contractors impacts expenses now and, in the future, and has substantial ramifications for those classified as employees and those classified as independent contractors. Independent…
DetailsStudent of the Month recipients in November were recently honored by the St. George Exchange Club and State Bank of Southern Utah. The St. George Exchange Club sponsors the Student of the Month Program, which honors one student from the area high schools each month. This program recognizes the students’ accomplishments in academics, service and leadership…
DetailsSt. George, UT, November 2019 – The law firm Snow Jensen & Reece (SJ&R), one of southern Utah’s leading law firms, announces the addition of associate attorney, Victoria Carlton who will work primarily in the St. George office. Ms. Carlton is experienced in civil litigation, real estate development, and municipal and land use planning. Ms. Carlton earned her Juris Doctor from…
DetailsWhat is a pot trust? A pot trust is a trust for children, who are still depending on their parents who passed away before the children reach adulthood. The purpose of a pot trust is so the trustee can determine the financial needs of the children who still haven’t made it to adulthood. Essentially the…
DetailsMany people have a misconception about estate planning. For example, many will avoid doing their estate planning because they believe their assets “aren’t worth much” and think estate planning would be a waste of time and money. The reality is that estate planning is necessary for everyone — no matter the value of their assets. …
DetailsSt. George, UT, October 2019 — Student of the Month recipients were recently honored by the St. George Exchange Club and State Bank of Southern Utah. The St. George Exchange Club sponsors the Student of the Month Program, which honors one student from the area high schools each month. This program recognizes the students’ accomplishments in academics, service and…
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