I have practiced in Utah County since 1986. From my business and law backgrounds, I entered a county that was in a deep recession. The building market had collapsed and small businesses were fighting to stay alive by collecting debts owed to them or trying to work out payments to those vendors they owed money to. There was fraud in the housing market and much litigation surrounding fake people buying expensive houses. For many, bankruptcy was the only answer. I developed my business and estate planning practice around these problems and was soon doing everything from collecting debts to drafting business plans, organizing and dissolving corporations, and representing businesses both as debtors and creditors in bankruptcy proceedings.
For the record, LLC’s had not even been invented yet. About 1991, Utah County started pulling out of its recession and slowly the economy improved, opening up new building and new business in the area. By 1995 the economy was strong and would remain so until 2005 when the economy overheated and then burst in 2008. Through it all I have been there working with many small businesses in the issues including financing options, public vs. private lenders, growth issues, and working with developers to obtain approvals for real estate developments. Since 2008 Utah County went through another tough economic recession and is now one of the fastest growing counties in the United States. I have been through the booms and busts. I get it. The economy in Utah County is back like it was in the late 1980’s. I see the same issues that I went through twenty years ago. I get it.
Likewise, I have been invovled in drafting wills and trusts and putting together estate plans for over thirty years. When I started trusts were just beginning to become popular as a planning toll. Untill 2011 many trusts were drafted for tax purposes more than passing things on to the kids. In that year the amount of money a single person could hold without gift and estate tax issues went to Five Million Dollars. That amount was recently raised to Twelve Million Dollars. One unintended consequence of this great change is that the many trusts drafted for tax purposes in the 80's, 90's and 00's need to be changed or the very terms that aided taxes will harm the ability to pass the estate to the next generation. I know the history and how to get things right, whether it is a new estate plan or editing an existing one.
Real Estate, Estate Planning, Business Law
1986, Utah and U.S. District Court, District of Utah
Brigham Young University - Provo, UT, J.D.