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…
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….
Tenancy By the Entirety: Transfer Property to Your Partner
First Thing to note – Tenancy by the Entirety is not recognized in Washington State or Idaho. Instead, Washington & Idaho recognize Joint Tenancy which is close to the concept of Tenancy by the Entirety. In this article, we will discuss how to transfer property to your partner if you live in a state that recognizes…
How You Can and Should Educate Your Family About Your Estate Planning Forms
Having an estate plan in order is the best way to protect your family if you unexpectedly die or become disabled. Fundamentally, an estate plan is a collection of necessary forms and instructions for people to use and follow when they eventually become necessary (and they will someday). Once you have estate plan established, and…
Does Tenancy By the Entirety Matter Where I Live? (Spokane, WA)
When purchasing a home or property, most people do not know that there are several forms of ownership. Regarding inheritance and passing on property, each form has its own way of affecting your property when you die. It’s a bit complicated, but if you are planning on leaving your children property, you should have a…