Tonaquint Networks Announces Gigabit Internet in St. George

St. George, UT, AUG 24, 2015  — Tonaquint Networks has announced construction of its fiber to-the-home gigabit network build out of St. George with plans to offer the network to all residential and business properties within the City.  Tonaquint Networks is the first fiber optic network in St. George to deliver a fiber-to-the-home data connection of 1 gigabit per second.  The average American broadband speed is 11.5 Megabits per second with gigabit service being about 100 times faster.  Construction will commence on selected neighborhoods within the City.

According to Matt Hamlin, Manager of Tonaquint Networks, each identified neighborhood selected for this technology is referred to as “fiberhoods”. Shadow Mountain has been selected by Tonaquint Networks as its first gigabit fiberhood in St. George with construction already underway.  To celebrate the announcement, Tonaquint Networks will host a celebration and ribbon cutting on Thursday, September 3, at 5:30PM at the Shadow Mountain St. George City Park, 305 North Stone Mountain Drive.  Utah’s Lt. Governor Spencer Cox and St. George Mayor Jon Pike will be the featured speakers.

According to Hamlin, “Tonaquint Networks is more than a typical broadband or television service provider. Gigabit technology provides Internet speeds not previously available to residential customers in St. George. You will be amazed at the speed of downloads and the digital quality for watching movies, live sporting events, video games and soon to be live television programming. We have had a great deal of interest and enthusiasm from St. George residents—even to the point of some offering to canvas neighborhoods and sign up potential customers!   We are also working with several major home builders who want to have gigabit technology available in their development to offer to new home buyers—this gives the builder a competitive edge.”

According to Hamlin, “Tonaquint Networks owns its own fiber infrastructure providing 100% redundancy with 24/7/365 local support.”  The Tonaquint Network team of network professionals has been doing business as a fiber optic carrier and provider in Southern Utah for more than 12 years providing data network services to governments, educational institution, and many large and small corporate customers with one of the fastest and most reliable data networks in the U.S.  Tonaquint Networks is a Kay H. Traveller Company.  For more information contact Matt Hamlin, Manager, Tonaquint Networks at (435) 772-8282 or go to http://www.tonaquintnetworks.com/


About Fiberhoods 1 Gigabit Internet Service
Your Internet service can now be 100 times faster providing a care free Internet experience. With gigabit speeds right to your home, you’ll never have to worry about movies buffering, slow song downloads, or multiple people dragging your Internet speed while using the same Internet connection in your home.
Fiber optics is a technology where laser-generated pulses of light are transmitted over hair-thin strands of glass fiber at the speed of light. Fiber is vastly superior to radio transmission over copper. Because traditional copper lines focus much of their available bandwidth on sending signals out, they’re extremely limited when it comes to uploading new information. Fiber optics, however, are capable of producing upload speeds that are just as fast as download speed. Uploading/downloading, image quality and phone clarity are all improved by the use of fiber optics. And when it comes to upload speeds, fiber optics cannot be matched.

About Tonaquint
Tonaquint has been building fiber and providing IP solutions in southern Utah for the past 10 years. Now Tonaquint is positioned to provide services directly to businesses throughout the region. With redundant fiber lines throughout St. George and the surrounding areas, Tonaquint is poised to provide your business the most secure and true business grade IP services in town, with the local support to match. Tonaquint is also a partner with Tonaquint Data Center, providing the most secure environment for resources to your business. Tonaquint is the only provider that can offer a true “Fiber to Customer” experience all over the region.

Why should you choose Tonaquint fiber?
Much faster upload speeds, Better image quality, Improved phone clarity, Enhanced Security, and we don’t use outdated phone technologies (copper wires). We only provide dedicated fiber optic services with flexible plans to fit your needs. With options to choose from in both residential and business applications, we provide a variety of speeds and installation options to best fit your unique situation.

My children are irresponsible and cannot handle money. What can I do to insure they will not waste their inheritance?

Phillip G. Gubler and Thomas J. Bayles, Attorneys at Law

My children are irresponsible and cannot handle money.  What can I do to insure they will not waste their inheritance?

You worked hard all your life, lived frugally, saved money and invested wisely.  As you start the estate planning process, you may have concerns related to your children’s ability to manage money.  You may worry that providing your children with a cash distribution will encourage them to stop working hard; the very thing you did to gain your wealth.  You may worry your child, who has a drug or alcohol addiction, will use his inheritance to fuel his addiction.  Obviously, these are legitimate concerns and should be considered in estate planning.

If you are concerned how your child might handle a cash distribution, you could consider testing them by making some distributions now.  You can gift up to $14,000 (2015) per year to whomever you would like with no gift tax consequence.  If you are married, you and your spouse can give $28,000 per person.  You could consider gifting your children with no restrictions on how they use the money and watch what happens.  Will your child spend the money, apply it towards debt or invest?

You could skip the step where you test your children and make a gift by paying down a debt, such as mortgage principal or student loan.  This will provide some relief of financial obligations without putting the cash in their hands.  Since mortgages and student loans are significantly higher than when you were young, this can be a tremendous help to your children.  You should always make sure there are no negative consequences or pre-payment penalties.

The distribution portion of your Trust can be linked to age and life events.  For instance, you can create your trust so your children receive a distribution when they reach certain ages, such as 35, 40, or 45.  You could direct the distribution to pay for college tuition, down payment on a home, or other major life events.  You can also construct your Trust to allow distribution when your child reaches a certain point in his sobriety, such as anniversary events at 5, 10 and 15 years.   

It is reasonable to worry how an inheritance will affect your children.  With  proper planning, you can put some of your concerns to rest.