What to Know During the Guardianship Nomination Process
Do you know about the guardianship nomination process? If something happened to you and you were unable to take care of yourself or your children, who would step in? Ideally, it would be someone you chose. Nominating a guardian before something happens allows you to do just that. What Is a Guardian? Think back to…
Maximizing Tax Umbrellas for Estates
How can you maximize tax umbrellas? Estate tax can rip as much as 40% of your family’s assets from them, depending on the value of your estate and its location in the country. Right now is the time to protect your estate from federal and state taxes. If you take the time to create a well…
Planning Pitfalls: The Most Common Estate Planning Mistakes
Most people do not like to think about their eventual demise, and they certainly don’t like asking uneasy questions about estate planning. In fact, 6 in 10 adults in the United States do not have a will or living trust. And that is a problem, considering how many people want their assets to pass on to their…
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…
Setup a Family Estate Plan Today, Here’s How to Do It in Spokane, WA!
When you started having children, the last thing you probably thought about was setting up a Family Estate plan. We do not like to be forced to think about a time when we may not be able to take care of children. However, the sad reality is that for some, it does happen. Setting up…
Setting up a Durable Power of Attorney in Washington State
Setting up a Durable Power of Attorney in Washington State is pretty straightforward. In this article is a brief description of what a Durable Power of Attorney actually is, as well as some specific rules that you must follow to set up a durable power of attorney in Washington State. Durable Power of Attorney (POA)…
What to Expect From (and How to Prepare For) an Initial Estate Planning Meeting
Whether you have met with an estate planning attorney before or it is your first time, it is important to understand how working with an Estate Lawyer is different than meeting with a traditional lawyer. This article will explain what is involved with such a consultation, and it may even inspire you to meet with…
What Legal Documents Do I Need for my Estate Plan?
When setting up an estate plan, you may find yourself needing to find a lot of different documents. If you are using an estate planning attorney, you might find yourself asking, “What legal documents do I need?” And more to the point, “what do I need to prepare these documents?” To help you, we have…
Break Down Estate Planning By Using These Worksheets
Estate planning is not something you are probably thinking about… especially if you are decades out from retirement. It is one of those things we all know we should do but don’t think about until we are much older. Sometimes, sadly, we do not think about it until it is too late. However, regardless of…
Who Can Help Create a Durable Power of Attorney in WA State
Most of us do not like to think about it, but what happens if we are unable to make our own decisions regarding our health and finances? Who is going to make those decisions for us? Are the decisions being made what we would decide if we could? Having a durable power of attorney in…