Our office remains open, and in response to COVID-19 we have expanded our options for remote consultations and virtual meetings. Please contact our office to discuss what meeting option best fits your situation.

Speak with one of our attorneys today.
Phone: 425-776-3191

Our Practice Areas

2019: A fresh year, a fresh estate plan

Residents in Washington State who have established estate plans in place might feel that they have done their work in this area and no longer need to be concerned about this part of their lives. While certainly, it is better to have a plan than to not have one at all, every estate plan is in need of review on occasion. The start of a new calendar year can be a great time to do just this.

Many life events may warrant some changes in a person's estate plans. As explained by Forbes, one of these is the relocation to a new state. A person who has an estate plan that was made when they lived in Texas or Florida, for example, should be updated after they move to Washington State as each state has its own laws that may lead to different estate planning decisions.

Fidelity Investments adds that after the death, marriage or divorce of a beneficiary, a will or trust should be updated as should it after a beneficiary gives birth to or adopts a new child. In addition, any changes in a trustee's or executor's ability to perform their duties may warrant new plans. A trustee or executor may die, become ill or experience some other situation that makes them no longer able to function as needed.

In addition to life changes and experiences, tax code changes also warrant a review of a will or a trust. In 2019, the Tax Cuts and Jobs Act will take effect making now an ideal time to update an estate plan.


No Comments

Leave a comment
Comment Information

Contact Our Firm

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Riach Gese Jacobs, PLLC
7331 196th Street, SW
P.O. Box 1067
Lynnwood, WA 98046

Phone: 425-329-7857
Phone: 425-776-3191
Fax: 425-775-0406
Lynnwood Law Office Map