Family Limited Partnerships and Family Limited Liability Companies: These are entities that can be created to hold and administer assets for the family. Creditors or claimants of partners are unable to attach assets owned by these entities, but are limited to a "charging order" against the interest of the partner. Also, creditors or claimants of a limited liability company are limited to the assets of the company without recourse to the assets or income of the owners of the company. This makes limited liability companies ideal for the ownership of commercial or rental properties.

Corporate Veil Service: Corporations are designed to protect their shareholders, directors and officers from personal liability resulting from operations of the business. Courts, however, have permitted "piercing the corporate veil" in some cases, which has eroded that protection. Our "Corporate Veil Service" can help. It includes acting as the Utah registered agent, maintaining the corporate minute and stock book and stock ledger, preparation of Annual and Special Meetings of the Shareholders and Board of Directors, and annual "Corporate Activity" and "Corporate Action" Checklists. Our fee for this service is $395 per year.

Separate Spousal Trusts: When a married couple establishes separate trusts for each spouse, specific assets need to be selected for transfer into each trust. This provides an opportunity to protect certain family assets by transferring them into the trust of the spouse least likely to be sued.

Premarital Agreements: Prior to a entering into a second marriage, clients are encouraged to create a premarital agreement with their future spouse. Each party must fully disclose his or her assets. The agreement specifies what happens to the assets upon the death of either spouse or in the event of divorce.