There are some forms of income that obviously need to be discussed with your trust lawyer in Lehi, UT. When putting together your plan, you’ll want to consider your current employment, retirement plans, bank accounts, and possibly your own business. As you work through the estate planning process, it will be clear that these are all things that need to be considered.
But, there are other, less obvious types of income that you will also need to take into consideration. Working with a Lehi trust lawyer, you can determine how these different forms of income will be treated when it comes to taxes, inheritance, and other applicable Utah and federal laws.