Estate Planning

Many Washington residents include irrevocable trusts in their estate plans, and the beneficiaries of these trusts are usually their children or grandchildren. When assets are placed into irrevocable trusts, they are no longer owned by the grantor. This means they are...

Celebrities often make the same mistakes that other people do when planning their estates in Washington. Because these individuals often have high net worths, the consequences can be much worse. Luckily, you can learn from some of them like Prince, Michael Jackson and...

People in Washington and around the country should know about the importance of estate planning. Failing to create or update an estate could create significant problems for your loved ones and for yourself. In addition, poor estate planning can also create issues....

Estate planning in Washington should be started by all new parents. You can wait until a child is born or plan beforehand. What brings unexpected difficulties is never attempting to plan for your child's future. An estate plan for your children doesn't require money...

One of the proudest accomplishments of many Washington residents is operating a successful family business. Many entrepreneurs have built businesses over the years that they wish to leave to the family in hopes the tradition will continue as a family legacy. However,...

Many parents draft their estate plans with a hopeful vision of the future after they are gone. Few parents imagine their children fighting among themselves over nuances in the will or beneficiary payouts. However, these painful arguments have caused more than a few...

Your friends and relatives are becoming fewer and fewer. Aging and death does that. And these situations make you ponder about what to do with your estate. Maybe you have gotten a late start on estate planning, but it is a start, nonetheless. While making those first...

After months of thought and discussion, you have begun the first steps toward creating an estate plan. Good for you. A solid and effective estate plan protects you, your legacy and your family. You want to be the one to decide what happens to your assets. Without a...