Junction 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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Gary L Barnett

General Practice

Status: Deceased Licensed: 49 Years

CONTACT

225 E 400 S, Circleville, UT 84723

Von J Christiansen

Government, Dispute Resolution, Family Law, Employee Rights

Status: In Good Standing Licensed: 26 Years

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2270 S Sheriff Dale Nelson Drive, Beaver, UT 84713

Leo G Kanell

General Practice

Status: In Good Standing Licensed: 45 Years

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2270 S 525 W, Beaver, UT 84713

Murray Herbert Falk

General Practice

Status: Inactive Licensed: 43 Years

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475 E 100 N, Monroe, UT 84754

Michael C Mathie

General Practice

Status: In Good Standing Licensed: 15 Years

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45 South 200 East, Monroe, UT 84754

Jeffery P Gleave

General Practice

Status: In Good Standing Licensed: 31 Years

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205 Mountain View Ln, Monroe, UT 84754

Lloyd D. Rickenbach

General Practice

Status: In Good Standing Licensed: 22 Years

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117 Rickenbach Road, Koosharem, UT 84744

Barry L Huntington

General Practice

Status: In Good Standing Licensed: 21 Years

CONTACT

55 S. Main Street, Panguitch, UT 84759

Michael R Labrum

Family Law, Criminal, Contract, Personal Injury

Status: In Good Standing Licensed: 50 Years

CONTACT

30 E 200 N, Richfield, UT 84701

Richard K Chamberlain

General Practice

Status: In Good Standing Licensed: 45 Years

CONTACT

225 N 100 E, Richfield, UT 84701

800-923-0641

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LEGAL TERMS

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

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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Junction Trusts Lawyer, Utah

Sponsored Law Firm

Hepworth & Associates

SPONSORED LAWYERS

Gary L Barnett

Von J Christiansen

Leo G Kanell

Murray Herbert Falk

Michael C Mathie

Jeffery P Gleave

Lloyd D. Rickenbach

Barry L Huntington

Michael R Labrum

Richard K Chamberlain

TIPS

LEGAL TERMS

CONTINGENT BENEFICIARY

INVENTORY

AB TRUST

TRUST CORPUS

ABATEMENT

EXEMPTION TRUST

SWEARING MATCH

QDOT TRUST

HEIR AT LAW

SAMPLE LEGAL CASES

Rawlings v. Rawlings

Rawlings v. Rawlings

Allred v. Allred

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