Senator Curt Bramble provides a legislative update to the Utah Estate Planning Council on April 1, 2015, shortly after the close of a historic legislative session. Of particular note to estate planners, He successfully opposed a bill intended to gut Utah’s asset protection trust statute. Senator Bramble also fielded questions, and commented on the ongoing project to relocate the state prison. The caption is fictional.
William W. Olsen presents on business valuations at the Utah Valley Estate Planning Council on September 3, 2014. The caption is fictional. The presentation focused on IRS preferences for the treatment of lack of marketability and lack of control discounts in valuations. For example, which should be applied first. These discounts have a crucial bearing on buy-sell agreements, gift tax calculations, and other business transactions.