Utah County, UT Estate Lawyers, page 5

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Michael Hepworth
About | Practice Areas
Hepworth & Associates
320 W 500 S Suite 200 Bountiful, UT 84010Â» view map
Estate
Things Get Better From Here

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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  Estate
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Angela Christine Hurt

Gift Taxation, Securities, Business & Trade, Business

Status: Inactive Licensed: 30 Years

CONTACT

701 East, Provo, UT 84602

Jarred Henline

Bankruptcy & Debt, Divorce & Family Law, Estate

Status: In Good Standing Licensed: 15 Years

CONTACT

770 E. Main Street, Lehi, UT 84043

Curtis Dee Harris

Immigration, Wills, Estate Planning

Status: In Good Standing Licensed: 16 Years

CONTACT

5314 N River Run Drive, Provo, UT 84604

B. Ray Anderson

Trusts, Estate

Status: Inactive Licensed: 59 Years

CONTACT

3214 N University Ave, Provo, UT 84604

Michael S Glassford

Divorce & Family Law, Estate, Entertainment

Status: In Good Standing Licensed: 11 Years

CONTACT

Provo, UT 84601

Ronald C Schoedel

Estate Planning, Trusts, Limited Liability Companies

Status: In Good Standing Licensed: 11 Years

CONTACT

610 W 1950 S, Lehi, UT 84043

Thomas J Scribner

Commercial Real Estate, Social Security, Estate Planning, Business & Trade

Status: In Good Standing Licensed: 38 Years

CONTACT

2696 N University Ave, Provo, UT 84604

Harvey D Gailey

Juvenile Law, Estate Planning, Family Law, Criminal

Status: In Good Standing Licensed: 14 Years

CONTACT

76 N. Merchant Street, American Fork, UT 84003

Kevin C Westwood

Bankruptcy, Elder Law, Family Law, Trusts

Status: In Good Standing

CONTACT

236 E 1400 South, Lehi, UT 84043

Daniel Ray Wilkinson

Insurance, Credit & Debt, Wills, Consumer Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

430 N 300 W, American Fork, UT 84003

800-923-0641

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LEGAL TERMS

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

DEED OF TRUST

See trust deed.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

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.

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

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Utah County, UT Estate Lawyers, page 5

Sponsored Law Firm

Hepworth & Associates

SPONSORED LAWYERS

Angela Christine Hurt

Jarred Henline

Curtis Dee Harris

B. Ray Anderson

Michael S Glassford

Ronald C Schoedel

Thomas J Scribner

Harvey D Gailey

Kevin C Westwood

Daniel Ray Wilkinson

TIPS

LEGAL TERMS

POUR-OVER WILL

OFFICER

PER CAPITA

DEED OF TRUST

TRUST DEED

FAMILY ALLOWANCE

LIFE BENEFICIARY

ALTERNATE BENEFICIARY

PER STIRPES

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