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  • Wealth Transfers

    You have worked hard to accumulate your wealth, and you should be the one who decides how it is passed on. Protection and transfer of your wealth can be complex. It requires careful planning and a thorough understanding of complex laws. At Carr Law Utah, we begin building your wealth transfer strategy around a few key documents. Wills, trusts, and powers of attorney are three important places to start. Feel free to call us today and we will start planning for your future right away.

     There are many wealth transfer strategies. Below are just a few.  

    • -Simple Gifts
    • -Revocable Living Trust and Irrevocable Trusts
    • -Irrevocable Life Insurance Trusts
    • -Grantor Retained Annuity Trusts
    • -Income Tax Payments
    • -Dynasty Trusts
    • -Discounting Appreciated Assets
    • -Qualified Personal Residence Trusts
    • -Defective Grantor Trusts
    • -Roth IRA Conversions
    • -Annual (tax-free) Gifts
    • -Private (Family ) Foundation
    • -Charitable Trust
    • -Family Limited Partnership (FLP) or Limited Liability Company (LLC)
    • -Qualified Personal Residence Trust
    • -Blind Trust
    • -Special Needs Trust

     

    Call Carr Law at (801) 810-7002 in Salt Lake City or (435) 243-7002 in Tooele for a free initial consultation. Additionally, you can email Ken Carr directly at Ken@carrlawutah.com.