Paul M. King is a Managing Member of Hoole & King, L.C., having co-founded the firm in 1994. He was first admitted to practice law in October, 1989. His practice includes many types of business and real estate transactions, advising clients on business organization, tax and estate planning issues, and litigation involving these types of matters.
His real estate practice has involved many aspects of both commercial and residential real property transactions, from the closing of single-home residential transactions, to complex commercial transactions, development and litigation. He has also advised clients on administrative issues of regulatory compliance, involving both state and federal legislation, including RESPA compliance. He has represented borrowers and both private and institutional lenders, and has closed loans and transactions involving commercial property, residential and commercial condominiums and government-guaranteed loans and bond financing for large apartment projects. He has represented borrowers, lenders and lien holders in foreclosure actions. In addition to acting as a licensed title insurance agent for over 10 years, closing many residential and commercial transactions, he has represented both plaintiff and defendant clients concerning title insurance company claims and agent defalcation.
Mr. King is the past chair of the Real Property Section of the Utah State Bar Association (2003-2004), having served as an officer of that section for 4 years. He is a licensed realtor and a certified instructor with the Utah State Commerce Department, Division of Real Estate for realtor education. He has designed and taught classes qualified by the Utah Division of Real Estate for realtor continuing education involving various matters of tax planning, asset protection and estate planning as they relate to real property, including the following courses:
- Using Qualified Retirement Funds for Self Directed Real Estate Investment
- Estate Planning and Its Treatment of Real Estate; and
- Tax and Legal Aspects of Managing a Real Estate Practice.
Mr. King has also has served on the Real Estate Appraiser Licensing and Certification Board in the Division of Real Estate since being appointed there by Governor Leavitt in 2001. That experience has made him very familiar with the regulatory and legal issues involving real estate valuation and appraisers.
Mr. King was elected as an officer in the Business Law Section of the Utah State Bar Association in 2004. Mr. King is a member of the American Bar Association, Section on Real Property, Probate and Trust, and sits on the committees on asset protection and international estate planning within that section . His practice involves advising individuals and companies with respect to business organization and tax planning. He advises clients with respect to the purchase and sale of business interests, and the merger and acquisition of privately held companies. In addition, he has experience advising clients with respect to asset protection and business succession planning.
Mr. King’s estate planning practice involves appearance before probate courts where probate is necessary, and estate planning for various sizes and types of personal estates. His estate planning practice adopts a comprehensive approach, integrating all aspects of his business and real estate background for the benefit of the client.
Mr. King lives in Holladay, Utah with his wife, Pamela Nilson and their three children. He was a reserve Military Officer – Captain (ret.) – U.S. Army/Utah Army National Guard, serving from 1981 to 1991. He speaks Chinese ( Mandarin).