In our firm, we often encounter clients who overlook a critical aspect of their estate planning: the designation of minors as beneficiaries. While it may seem intuitive to name children as heirs to one's assets, Washington state law presents significant hurdles to...
As an attorney practicing in Seattle, I often encounter questions about inheritance laws, particularly regarding minors. In Washington State, the issue of minors inheriting property is governed by specific legal provisions aimed at protecting the interests of minors...
Estate planning is a crucial process that allows individuals to safeguard their assets, dictate the distribution of their wealth, and ensure the smooth transition of their affairs after death. Two primary instruments in this realm are wills and revocable living...
Estate planning is often mistakenly perceived as a complex and exclusive process reserved for the wealthy or elderly. In reality, estate planning is a crucial component of responsible financial management that benefits individuals of all ages and income levels....
In the age of digital advancements and legal intricacies, the idea of a handwritten will might seem like a relic of the past. However, the allure of expressing one's final wishes in one's own handwriting holds a certain sentimental appeal. But is crafting a...
In our day to day lives, we often find ourselves preoccupied with focusing on the present—juggling responsibilities, pursuing passions, and navigating the twists and turns of our daily existence. Yet, amidst the hustle and bustle, it's essential to pause and consider...
A revocable living trust is a legal document that allows you (the grantor) to transfer your assets into a trust during your lifetime. The trust assets are managed by a trustee of your choosing and, upon your death, the assets are distributed to the beneficiaries you...
Leaving an inheritance to minors in Washington State requires careful consideration and planning to ensure that their best interests are protected. Here's a brief guide on how to handle this situation, focusing on some key aspects and considerations: 1. Create a Will...
When you sign your Revocable Living Trust with our office, we ensure it is funded with your assets. But what happens afterwards? What if you acquire real estate we sign your estate plan, how do you ensure it is protected by your trust? And what happens if you don't...
If you were named Personal Representative in someone's will, and you try to gain access to their assets, you may find that you are told that you need to open probate to obtain letters testamentary before you will be granted access to those assets. In Washington State,...
