washington probate law

6 Reasons to Establish a Trust as Part of Your Estate Plan

6 Reasons to Establish a Trust as Part of Your Estate Plan

Estate planning should be considered one of the most essential parts of your financial plan. Setting up an estate plan simplifies the transition of your assets to the people you wish them to go to, and in the way you want them to be disbursed.  There are several aspects of an estate plan, though, and…

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What You Need to Know About a Durable Power of Attorney in 2017

What You Need to Know About a Durable Power of Attorney in 2018

There are several different types of Powers of Attorney (POA).  Regardless of the kind of Power of Attorney we are talking about, you are essentially enabling someone else to act on your behalf.  Often, you will sign a POA for legal representation, or for other situations in which you might want someone to be able…

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How Do I Appoint a Guardian For My Child If I Die?

How Do I Appoint a Guardian For My Child If I Die?

“My greatest fear, someone I don’t know raising my child… What if something happens to me, who is going to take care of my child?” Who Would Raise Your Children If Something Happened to You? Honestly, no one wants to think about this question. It’s an implicit reminder that we are indeed mortal, and, in…

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An Estate Plan includes A Will and Living Trust

Wills & Living Trusts – Which is Better?

  It’s not a stretch to say that given an chance, most people won’t be able to describe the difference between a Will and a Trust.  Both are potentially beneficial planning devices and serve distinctly helpful purposes for an estate.  And both Wills and Trusts are common approaches to end of life planning.  So what…

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Why You Need to Update Your Estate Plan After These Life Events

Too many estate plans are created and then quickly forgotten, put on a shelf, and never looked at again. While we do recommend that you review and update your estate plan at least every three years, no matter what happens in your life, your plan must be updated immediately in the event of any of…

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The Value of Proper Protection Planning

Establishing an effective planning process with your estate lawyer is very important.  Most estate lawyers will say, “Without proper planning…[fill in the blank].”  But they don’t walk you through what that means or how you will know if you’ve actually set up a proper plan.  They focus on what happens without the plan and leave…

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