Joseph G. Ballstaedt801.365.1021joe@snjlegal.com In Utah, an owner can hold title to real estate in several different forms. Three forms of ownership are discussed below: 1) sole ownership; 2) joint tenancy with rights of survivorship; and 3) tenancy in common. Sole Ownership The simplest form of ownership in Utah is sole ownership by a single individual …
On December 20, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act). The SECURE Act, which is effective January 1, 2020. The Act is the most impactful legislation affecting retirement accounts in decades. The SECURE Act has several positive changes: It increases the required beginning date (RBD) for required …
THE SECURE ACT: How It Will Affect You and the Beneficiaries of Your Retirement Accounts Read More »
Joseph G. Ballstaedt801.365.1021joe@snjlegal.com It might be argued that the American Dream—the opportunity and right to pursue prosperity and financial success—is based upon the corporate structure. To avoid much of the personal liability associated with running a business, an individual can form a corporation or limited liability company that is separate from the individual and that bears …
How to Pierce Through the Corporate Veil to Hold Individuals Personally Liable Read More »
Joseph G. Ballstaedt801.365.1021joe@snjlegal.com If you are a business owner, you have agreed to accept and deal with various risks most nine-to-five employees avoid. By showing up for work for specific hours, employees are generally guaranteed to be paid. Business owners, on the other hand, don’t get paid unless a costumer walks in the door, places …
Five Ways to Protect Yourself from and Recover Unpaid Accounts Read More »
Joseph G. Ballstaedt801.365.1021joe@snjlegal.com Congratulations! You prevailed in a legal lawsuit! A judge awarded you a money judgment against an individual in Utah. This is good news, but if you stop here, the judgment is nothing more than a certificate of accomplishment. You can post it on your fridge and brag to all your friends that …
Wage Garnishments: Locating Employers of Utah Debtors Read More »
Obtaining a judgment is not an easy process. Nor is it cheap. What’s more, the process doesn’t end the moment the court awards you one. This is because while it’s the court’s job to determine whether the opposing party owes you the money you say it does, its responsibilities stop short of seeing that you actually …
Joseph G. Ballstaedt801.365.1021joe@snjlegal.com Quality legal help doesn’t come cheap. This means even winning comes with its costs when it comes to the courtroom. Fortunately, there’s still hope. In Utah, like in other jurisdictions, the winning party has the chance to convince the court to force the losing party to cover whatever costs were spent on …
