Serving South King County and the Surrounding Areas.
When Washington residents think about estate planning options, many think the easiest step is to create a will. Often, this is the wise choice. However, there are alternatives that might be better for their situation. Knowing about them while assessing their assets...
Many Washington residents probably made New Year’s resolutions in recent weeks. And, for some, a resolution for 2024 might be to finally get their estate plan drafted and executed. That is a good goal to have – most people put off estate planning for far too long....
Starting estate planning early is a good idea. You are never too young to set up an estate plan. However, sometimes people set up their estate plans when they are single and not planning on getting married anytime soon. They may leave their property to parents,...
When Washington residents approach estate planning for the first time, they usually have a set of goals in mind for what they would like to achieve. For many people, the goal is simply to have a plan in place that ensures the seamless transition of assets to their...
When you hear the term estate plan, many thoughts likely run through your mind. For some, this is simply thinking that you are too young to even consider an estate plan. And for others, they might automatically think of a will and what assets and property are passed...
When you create a will, there are several elements that must be included. Also, depending on your assets you may decide to have a simple will, or a complex will. Elements of a will The person who is creating the will is called the testator. This person must be at...
Most of our readers in Washington probably see reports from time to time that claim that the majority of people in America do not have an estate plan. In reality, this is probably true. Estate planning just isn’t something that most people think about, for a variety...
It is natural for people to want to take care of their loved ones. An integral part of that is having an estate plan that details how the person – known as the testator – doles out their property after death. In most instances, a spouse or domestic partner will be in...
Despite the repeated entreaties for Washington State residents to take the initiative and create some type of estate plan, many either procrastinate or do not even take the matter seriously. This might be perceived as a problem with younger people, but it can be an...
A special needs trust is an estate planning tool that can manage assets and provide for the financial needs of a person with disabilities, while ensuring that they still are eligible for government programs like Medicaid and Social Security benefits. The person who...
