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Celebrating 25 Years of Excellence: Barney McKenna & Olmstead Law Firm

By Barney McKenna & Olmstead |

Dear Valued Clients, Barney McKenna & Olmstead is thrilled to commemorate our 25th anniversary of serving the legal needs of clients in Utah and Southern Nevada. We extend our deepest gratitude to each of you for your trust and support over the years. Founders’ Vision Realized The journey of Barney McKenna & Olmstead began… Read More »

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The Best Way to Receive an Inheritance

By Barney McKenna & Olmstead |

Getting an inheritance in trust may be the best way to get (or give) an inheritance.

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Second Marriages Later in Life

By Barney McKenna & Olmstead |

The best way to ensure that one’s assets are available for a surviving spouse but ultimately distributed to one’s children from a prior marriage is through the use of a trust.

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State to State Estate Planning

By Barney McKenna & Olmstead |

Relocating to a new state often creates issues affecting estate planning. Many people wonder if they need a new will or trust when they move from one state to another. Although a will or trust validly executed in one state should be valid in a different state, it is a good idea to have the estate planning documents reviewed. By addressing issues related to the relocation, an individual can avoid certain problems and maximize possible benefits.

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Estate Planning: No Contest Clause

By Barney McKenna & Olmstead |

In order to discourage disappointed heirs from disputing your estate plan, you can include a “no-contest” provision that automatically cancels an heir’s inheritance if he or she challenges the distribution of your assets in any way.

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Changing Your Will or Trust

By Barney McKenna & Olmstead |

Although no one wants to create problems between beneficiaries of the estate, even small handwritten changes can create great problems.

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Estate Planning: Owing More Than You Own

By Barney McKenna & Olmstead |

When formulating your estate plan, it is possible to add all your assets and debts and find that you owe more than you own. Don’t panic: here is some helpful advice.

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What is Probate?

By Barney McKenna & Olmstead |

Probate is one of the least understood of court processes. However, it is a procedure that can affect the family and heirs of every mature adult following his or her death.

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Preparing for the Storms of Life

By Barney McKenna & Olmstead |

Many people think an estate plan only involves drafting a document before you die. An equally important part of an estate plan should include what happens to you and your assets while you are living.

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President Biden: Expected Tax Changes

By Barney McKenna & Olmstead |

Within the next year, it is anticipated that President Biden and his administration will introduce legislation to change various tax laws that will have a significant impact on estate planning.