Family and Asset Protection in Salt Lake City

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Family and Asset Protection in Salt Lake City
By - https//www.olsonharnish.com/
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• An estate planning lawyer who wants to be
  involved in asset protection planning must have a
  working knowledge of taxation, business entities,
  and general concepts of bankruptcy and
  creditor/debtor laws. In addition, it is
  essential to be familiar with the applicable
  fraudulent transfer/conveyance laws that apply to
  any proposed planning, whether it is under the
  UFTA/UFCA. Olson Harnish Law Estate Planning
  lawyer in Salt Lake City takes the time to create
  the right plan for you and your family because
  they have years of experience in tax and business
  law. They can ensure that your business equity is
  properly included in the estate plan.

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• An estate plan serves three main purposes it
  protects your assets for future generations,
  allows you to determine who gets your belongings,
  and gives you the ability to make your own
  decisions. Individuals in high-risk occupations,
  such as doctors or real estate developers, and
  wealthy people who realize that they are targets
  of creditors because of their net worth are the
  most likely to establish asset protection trusts.
  Asset protection trusts may also be a substitute
  for a prenuptial arrangement. While many wait
  until their older years to start asset
  protection, it is best to get started early and
  update your estate plan as your circumstances
  change. To ensure your estate plan is current,
  it's important to revisit your lawyer and plan
  throughout your life. Unfortunately, over 71 of
  Americans don't have an updated will, but you can
  change that by contacting our lawyer today.

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• An asset protection lawyer may be used to reduce
  or eliminate state income taxes in certain
  circumstances. In addition, an asset protection
  trust can be used to take assets out of a
  grantor's estate while still potentially allowing
  them to reap the benefits from the trust assets.
  Olson Harnish asset protection lawyer can work
  with simple or complex cases. For example, many
  families include their cars, properties, cash,
  trusts, and wills into the plan. Although 53 of
  Americans believe it is difficult to find a
  lawyer who can help set up an estate plan, Olson
  Harnish Law makes the process easy with their
  extensive knowledge in the industry.

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• Olson Harnish Law office is conveniently located
  in Salt Lake City. Estate planning and asset
  protection is a continuous deliberate process, so
  get comfortable with your lawyer. They are
  experts in this industry and other related
  practices, such as tax law. To schedule an
  appointment to protect your assets, visit their
  website to request an appointment
  https//bit.ly/3qCdJj5. Call 385-287-1700 for
  more information.