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Kevin Michels

Personal Finance, Retirement, Investing
“Kevin Michels, Financial Planner with Medicus Wealth Planning, focuses on providing hourly financial planning to clients as well as on-going financial planning and investment management services. ”

Medicus Wealth Planning

Job Title:

Financial Planner


Kevin enjoys helping clients from all stages in life with sound financial planning. Kevin has especially found a niche in advising small business owners who’d like to create or improve upon their existing company retirement plan.

Kevin got his start in the financial planning industry by going to work for one of the largest discount brokerage and mutual fund companies in the world, Fidelity Investments. While at Fidelity, Kevin held his Series 7 and 63 Licenses which allowed him to work as a trader, completing transactions in stocks, mutual funds, and options.  After being promoted to a department that focused on helping clients with their company retirement plans, Kevin found what he had a passion for, helping small business owners and their employees successfully prepare for retirement.

Kevin left Fidelity to come work with David Luke as a partner in Medicus Wealth Planning. Having the opportunity to work with clients on a fee-only basis allows Kevin to give objective and sound financial planning advice that is never tainted by a hidden agenda.

Kevin graduated from Utah Valley University with a degree in Personal Financial Planning. Utah Valley University’s Financial Planning Program has been recognized on numerous occasions as a top 10 Financial Planning Program in the country.

Shortly after graduating with a degree in Personal Financial Planning, Kevin became a Certified Financial Planner™ (CFP®).

Kevin lives in Riverton, Utah with his wife Lauren, and their two children. Kevin spends much of his free time with his family outdoors, playing sports, and watching Jazz games. Kevin and Lauren enjoy living close to both of their families and spending time with them.


Personal Financial Planning, Utah Valley University

Assets Under Management:

$60 million

Fee Structure:


CRD Number:


All Articles
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May 2018
    Retirement Plans, IRAs, Retirement Savings
July 2018
    Insurance, Disability Insurance
April 2017
February 2017
    Retirement Savings, Investing, Retirement Living
March 2017
    Investing, Stocks

All Answers
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    Debt, Estate Planning, Real Estate, Taxes
Will selling a home in a trust to pay off a mortgage make it difficult to buy a new home?
100% of people found this answer helpful

Great question.  Generally, if you have lived in the home as your primary residence for at least 2 out of the last 5 years, when you sell the home you are entitled to a $500,000 exemption on the capital gain (if you file married filing jointly), and so in most cases all or the majority of the sale of the home is tax-free.  However, if the trust that the house is held in is a non-grantor trust or an irrevocable trust that has a separate tax id number and files it's own tax return then the exemption doesn't apply.

So, the taxation on the sale of your home will depend on a few factors:

1) Do you qualify for the home exemption

2) What is the capital gain (sale price of the home - cost basis)

Once you sell the home and pay off your in-laws mortgage your ability to get a new mortgage to buy another home will depend on your debt-to-income ratio and a few other factors lenders look at.  

August 2018
    Debt, Real Estate, Stocks, Insurance
Can a gift of equity be given by a non-family member?
July 2018
    Financial Planning
How would a company recognize revenue from promotional toys sold at a local restaurant for an upcoming movie?
April 2018
    Asset Allocation, Stocks
Do the dividends earned from a single stock outweigh the opportunity to diversify?
May 2017
    Financial Planning, Stocks
Under what condition would a "buy to open" call option expire worthless?
43% of people found this answer helpful
May 2017