McCullough Sparks Blog
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You may have heard about families or individuals in Utah who lost their wealth or their home due to a lawsuit or creditors. The effects of such situations can be devastating, and perhaps they’ve caused you to reflect on ways you can better protect your own assets. To protect your
Your primary residence is likely one of your most essential assets. The safety, sense of family togetherness, security, and community provided by your home makes it your most treasured belonging. Protecting your home provides significant peace of mind. Without asset protection, you could become the victim of a lawsuit or
Planning for a Crisis The world around us is constantly changing and evolving. During times like these, we want you to have peace of mind knowing, with certainty, that your assets are secure and your estate plan is set. To know if you are ready for a potential crisis you
What is a Utah Domestic Asset Protection Trust (UDAPT)? A UDAPT is an irrevocable trust that provides (1) asset protection, (2) control, (3) and access. Hundreds of years of laws previously stated that your creditor can get access assets in your trust to the extent that you can benefit