Bonanza Trusts Lawyer, Utah

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Michael Hepworth
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Hepworth & Associates
320 W 500 S Suite 200 Bountiful, UT 84010Â» view map
Estate
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Providing professional and compassionate representation in various estate cases. Hepworth & Associates are tough, strong and fair attorneys.

801-872-2222
1. Michael Hepworth Bountiful, UT
  Attorney at Law - UT, 2014
  Sturm College of Law J.D.
2. AboutHepworth & Associates
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Daniel S Sam

Commercial Real Estate, Estate Planning, Corporate

Status: In Good Standing Licensed: 33 Years

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319 West 100 South, Vernal, UT 84078

Whitney D Hammond

General Practice

Status: Deceased Licensed: 81 Years

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Vernal, UT 84078

Hugh W Colton

General Practice

Status: Deceased Licensed: 96 Years

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Vernal, UT 84078

Nicholas J Meagher

General Practice

Status: Deceased Licensed: 83 Years

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Vernal, UT 84078

Donna M. Trotter

Oil & Gas, Agriculture, Banking & Finance, Administrative Law

Status: In Good Standing

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2575 West Highway 40, Vernal, UT 84078

Kelly Meridith Sawyer

Oil & Gas

Status: Inactive Licensed: 12 Years

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Hc 69, Randlett, UT 84063

Michael David Harrington

Family Law, Adoption, Business & Trade, Administrative Law

Status: In Good Standing

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148 S Vernal Ave, Vernal, UT 84078

April E Bradley

General Practice

Status: In Good Standing

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148 S Vernal Avenue, Vernal, UT 84078

Gayle F Mckeachnie

Construction, State & Local Agencies, Wills & Probate, Estate, Water

Status: In Good Standing

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2575 W Hwy 40, Vernal, UT 84078

Gregory M Lamb

General Practice

Status: In Good Standing Licensed: 23 Years

CONTACT

920 East Highway 40, Vernal, UT 84078

800-923-0641

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LEGAL TERMS

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

CURATOR

See conservator.

SAMPLE LEGAL CASES

Rawlings v. Rawlings

... I. CONSTRUCTIVE TRUSTS ARE A REMEDY THAT MAY BE IMPOSED WHERE A PARTY HAS BEEN UNJUSTLY ENRICHED OR WHERE NECESSARY TO GIVE EFFECT TO AN ORAL EXPRESS TRUST. ... [28] Restatement (Second) of Trusts Â§ 2 cmt. b (1959). ...

Rawlings v. Rawlings

... However, we review a district court's decisions on questions of law, such as the legal requirements for the imposition of constructive trusts, for correctness. ... Confusingly, although the theories are conceptually quite different, they are both properly referred to as constructive trusts. ...

Allred v. Allred

... The documents named Richard as trustee of eight of the trusts and Richard's wife, Mary Lee Allred, as trustee of the trust for the benefit of Richard. ... In early 1983, the Parents signed another quitclaim deed conveying the remaining fifty-percent interest to the nine trusts. ...

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Bonanza Trusts Lawyer, Utah

Sponsored Law Firm

Hepworth & Associates

SPONSORED LAWYERS

Daniel S Sam

Whitney D Hammond

Hugh W Colton

Nicholas J Meagher

Donna M. Trotter

Kelly Meridith Sawyer

Michael David Harrington

April E Bradley

Gayle F Mckeachnie

Gregory M Lamb

TIPS

LEGAL TERMS

SPRINKLING TRUST

ALTERNATE BENEFICIARY

PETITION

PROPERTY CONTROL TRUST

GRANTOR

TESTAMENTARY TRUST

STATUTORY SHARE

AUGMENTED ESTATE

CURATOR

SAMPLE LEGAL CASES

Rawlings v. Rawlings

Rawlings v. Rawlings

Allred v. Allred

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