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Estate Planning News
Presiding Judges In Fifth Judicial District
St. George, UT---Judge Michael Westfall has been named presiding judge for the Fifth District Court effective July 1, 2006 through June 30, 2008. Judge Westfall replaces Judge James Shumate. Judge Eric A. Ludlow has been named associate presiding judge.
Judge Thomas M. Higbee has been named presiding judge for the Fifth District Juvenile Court effective July 1, 2006 through June 30, 2008. Judge Higbee replaces Judge Hans Chamberlain.
The presiding judge is responsible for the effective operation of their court. According to court Rule 3-104, presiding judges are responsible for implementation and enforcement of statutes, rules, policies, and directives of the Judicial Council as they pertain to the administration of the courts. The presiding judge is responsible for assigning cases and judges.
The Fifth Judicial District presiding judges and associated presiding judges are selected on a rotation basis. When the presiding judge is unavailable, the associate presiding judge assumes his or her responsibilities.
A Will, is sometimes called a "Last Will and Testament"
Used to transfer property you hold in your name to the person(s) and/or organization(s) you want to have it. A Will also typically names someone you select to be your Personal Representative (or "Executor") to carry out your instructions and names a Guardian if you have minor children. A Will only becomes effective upon your death, and after it is admitted to probate.
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Latest news about Financial & Estate Planning in Connecticut and nationwide:
Law Firm, Ironically, For The Unfair
In February, 2003, the California Attorney General sued a law firm, ironically, for the unfair business practices of targeting thousands of sm... Read more >
Definition:
A gift made by a will or a trust. A devise is made to a beneficiary under the terms of the will or trust.
Estate
Definition:
The total of all assets, all debts and other obligations of an individual. At the time of death the total amount of benefits (life insurance, annuity and retirement benefits) to be paid to beneficiaries are often also considered part of the estate for Federal Estate Tax purposes
Gain
Definition:
The difference between the Tax Basis (the amount originally paid for property with certain adjustments) and the amount received for the property when it was sold.
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