The Importance of Insurance In Estate Planning
About 84% of Americans believe that it is important to have life insurance. But only 41% have any. That’s quite a disparity! Where do you fall in this equation? Do you have the life insurance that you need? We’re assuming here that you have already taken a big first step and are working on your estate planning….
5 Estate Planning Questions That Might Make You Uneasy
Before you begin estate planning, you need to figure out how you want your family taken care of if you are incpacitated or if you should die. Here are five estate planning questions that might make you uneasy, but are essential to planning your estate in life and after death. What Happens to Your Children…
5 Essential Estate Planning Forms You Need to Know About
Death. It is inevitable. No one likes considering their mortality but, the smartest among us prepare for it. Preparation helps the suffering of those you are leaving behind. Filing the proper estate planning forms, consolidating assets into a trust, and making sure your affairs are in order is the greatest gift you can give your…
What is a Meretricious Relationship?
What is a meretricious relationship? While many couples will split up between their first and second year, others will live together for years or even decades without marriage. If both parties can not agree or do not believe in the traditions of marriage, they might still be regarded under the law as in a meretricious…
Considerations Around Disinheriting a Child
While nearly 70% of millennials expect some kind of inheritance from family members, only about 40% end up getting one. Those whose family have decided on disinheriting a child could be in for a bigger surprise. Here is everything you need to understand about the process and the concept. Why Disinherit a Child? When you have a…
How Planning for Being Incapacitated Will Strengthen Your Whole Family & Estate Plan
When you think about it, planning your estate is not about dying. It’s about managing and protecting your assets, and who gets to control them, while you are living. If you become incapacitated, having an incapacity plan in with your overall estate plan ensures that your best interests are clear. It also ensures your family is…
Child Custody, Divorce, Parenting Plans and How They Impact Estate Planning In WA State
Estate planning is an important step for any adult person. Estate planning not only makes sure your requests are followed after your death, but it also ensures your family members have a plan for what to do with your assets. Unfortunately, some circumstances (that may also have led to a divorce in the first place)…
Aretha Franklin Did Not Leave a Will
Many of us were saddened by the news Aretha Franklin died and were surprised she did not leave a will. What did this mean for her estimated $80 million estate? Would it go to her sons or other family members? What about her lawyer, agent, and other people who helped her career? Is there such…
What Legal Documents Would I Need To Establish Child Custody If Their Parents Were to Die?
Most parents have a plan in place for seeing that their children are cared for if they die. What is often overlooked is what will happen to their children should they become temporarily incapable of caring for them and only need someone to step in and take over parental duties for a short time. Short…
What Guardianship Forms Do I Need To Protect My Children?
Anyone with a child should have an estate plan. A fundamental part of your estate planning is setting up the appropriate guardianship forms should something happen to you. Unfortunately, many people do not have an estate plan or guardianship plans because they either have not thought about it or they are unsure how to start….