Call Us: 801-802-9020

Estate Planning Basics

Unified Taxes

Unified taxes are a very important concept to understand when structuring your estate plan. The concept of unified taxes is really pretty easy, but most people don’t know how it works. Federal estate taxes and federal gift taxes are definitely two different taxes, but they are “unified.” […]

Children’s Trusts

The “Children’s Trust” used for estate planning is also known as a 2503(c) Trust.  In the latter half of the 20th Century, these irrevocable trusts were the workhorse of estate planners dealing with larger estates.  The object was to move assets out of the large estate, where they […]

Self-Settled Trusts

A self-settled trust is an irrevocable trust that is established by an individual (settlor) where the individual is also the beneficiary of the trust. Irrevocable trusts offer great asset protection because the assets are held and controlled by the trust, and therefore considered out of the reach […]

Asset Protection Trust

The term “asset protection trust” isn’t really a legal term, so when someone uses it, you always have to question what the person is talking about. It would have to be an irrevocable trust, because revocable trusts don’t offer any asset protection. Yes, that includes land trusts. […]

Page 1 of 5712345...102030...Last »

Social Networks



Legalees A+ BBB Business Review


We wish everyone in America had the means to obtain the knowledge that Attorney Lee Phillips is attempting to impart in the Accumulation and Preservation of Wealth course. We are thankful that there is a legal system that is designed to protect people’s assets, no matter how little or how much.
~ Ed, Dallas Texas