There are many problems with a business owner using a company account for personal reasons. One thing the IRS loves to audit is an owner who uses...

How do I structure a business partnership agreement for this situation?

I agree completely with Ms. Martin's reply to you. I have also found that clients contemplating going into business together are well-served by...

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Revocable Trusts, also known as Grantor Trusts, are not required to file a separate tax return while the grantor is living. Nor does the trust need...

Only my name was used to purchase current home. getting divorced, can I deed her the house and retain liability of mortgage

I would be very cautious. In standard mortgage contracts there are provisions that allow the lender to accelerate the loan/call for immediate...

Can I contest a will that was made in 2008 I believe my father had mental health issues at the time he made the will

Under Utah law, a will needs to be probated within three years of the decedent's death. You did not mention the date of your father's passing but...

Do you need any type of license/certificate/tax Id to buy from a liquidation and resell some items on Instagram through paypal?

Before selling anything on a website, it is wise to do the following. First, read the Terms of Use of the site and make sure you agree to them and...

What kind of legal contracts and documents do I need to add business partners on a Utah Based S-Corp?

A sole shareholder of an s-corp, of course, owns 100% of the stock of the company. If the owner wants to bring in other individuals, he or she will...

So so do I need to have beneficiary papers filled out

As a hard rule, it is not a good idea to have an individual suffering from dementia sign legal documents. A person must have mental capacity or the...

Can a house that's been quick deeded to someone sold before the person who quick deeded it passes?

Sounds like there are a lot of issues at stake and people involved. If your mother has mental capacity, she can and should make decisions about her...

How can my friend void a contract for payment for cookware sold to him by a door to door sales person? He is illiterate!

Under Utah law, certain people are deemed to lack the capacity to enter a contract, including legal minors and mentally incapacitated persons. If a...