Articles
from Our Office
Featured:
Introducing the Washington Gift Trust for Your First Advanced Planning Strategy
Introducing the Washington Gift Trust for Your First Advanced Planning Strategy For Washington residents, estate planning involves unique tax considerations. Unlike federal guidelines, Washington State sets a much lower threshold for estate taxes, which can apply to estates far smaller than the...
Probate Solutions in Washington: The Power of Living Trusts
Probate Solutions in Washington: The Power of Living Trusts Estate planning often feels like a maze of legal jargon and complex processes. But fear not, Washington residents! There’s a way to ensure your assets pass smoothly to your loved ones without the headache of probate: the magic of living...
CTA Imposes New Small Business Reporting Requirements for 2024
CTA Imposes New Small Business Reporting Requirements for 2024 Small business owners will have one more item on their compliance to-do list when the Corporate Transparency Act (CTA) takes effect next year. The CTA,[1] enacted as part of the Anti-Money Laundering Act of 2020 (AMLA), places new...
General Knowledge:
Estate Planning 102: Expanding Your Knowledge on Estate Preservation
Discover the essentials of estate planning in Washington state. This informative FAQ simplifies trusts, amendments, restatements, and more. Learn about common trusts, caring for children’s future, and handling retirement accounts as beneficiaries. Get insights into trust duration and the distinctions between guardianship and conservatorship. Ensure your assets are safeguarded for the future.
The ABCs of Estate Planning and Administration: A Simple Dictionary
Navigate the complexities of estate planning with this informative article. Explore crucial terms like attorney-in-fact, beneficiaries, and probate. Understand the significance of wills, trusts, and powers of attorney in safeguarding your assets and healthcare decisions. Plan for the future and protect your loved ones’ interests. Expert advice waits for you to make informed choices.
Estate Planning 101: Common Questions Answered
This article provides essential insights into estate planning, addressing common questions for Washington state residents. Understand the distinctions between wills and trusts, the roles of fiduciaries, and the benefits of avoiding probate. Learn how to create a pet trust and ensure your pet’s well-being. Consult experienced estate planning attorneys for personalized guidance.
Estate Planning:
Nominating Guardians for Minor Children
Nominating Guardians for Minor Children Planning for your child's future is one of the most important steps you can take as a parent. While no one likes to think about the possibility of being unable to care for their child, having a legally designated guardian ensures that your child will be...
It’s All in the Family: Understanding Common Legal Terms That Describe Loved Ones
It’s All in the Family: Understanding Common Legal Terms That Describe Loved Ones While watching a movie or reading a book about wealthy individuals and their families, you may have come across terms such as “heir,” “descendant,” and “next of kin.” Though made-for-Hollywood storylines use these...
Proposed Changes to Washington State Estate Tax: What You Need to Know
Proposed Changes to Washington State Estate Tax: What You Need to Know Washington State is considering significant updates to its estate tax structure, with House Bill 2019 (HB 2019) and House Bill 1375 (HB 1375) currently under review. These proposed changes could impact estate planning...
Estate Administration:
It’s All in the Family: Understanding Common Legal Terms That Describe Loved Ones
It’s All in the Family: Understanding Common Legal Terms That Describe Loved Ones While watching a movie or reading a book about wealthy individuals and their families, you may have come across terms such as “heir,” “descendant,” and “next of kin.” Though made-for-Hollywood storylines use these...
The Probate Journey: Insights for Washington Residents
The Probate Journey: Insights for Washington Residents Probate is one of those words that you may have heard but not fully understood. You may know that it has something to do with estate planning, but what exactly is it and why does it matter? In this article, we will decode probate and explain...
Clearing the Fog: A Primer on Estate Administration in Washington
Clearing the Fog: A Primer on Estate Administration in Washington A simple guide to settling the affairs of a deceased person in Washington State. When someone you love dies, you may have to deal with their legal and financial affairs. This is called estate administration. It involves...
Recent Articles From Our Office:
Nominating Guardians for Minor Children
Nominating Guardians for Minor Children Planning for your child's future is one of the most important steps you can take as a parent. While no one likes to think about the possibility of being unable to care for their child, having a legally designated guardian ensures that your child will be...
It’s All in the Family: Understanding Common Legal Terms That Describe Loved Ones
It’s All in the Family: Understanding Common Legal Terms That Describe Loved Ones While watching a movie or reading a book about wealthy individuals and their families, you may have come across terms such as “heir,” “descendant,” and “next of kin.” Though made-for-Hollywood storylines use these...
Proposed Changes to Washington State Estate Tax: What You Need to Know
Proposed Changes to Washington State Estate Tax: What You Need to Know Washington State is considering significant updates to its estate tax structure, with House Bill 2019 (HB 2019) and House Bill 1375 (HB 1375) currently under review. These proposed changes could impact estate planning...
Rethinking Inheritance – Alternative Distribution Strategies
Rethinking Inheritance – Alternative Distribution Strategies For many families, leaving an inheritance is not just about passing on wealth—it’s about ensuring financial security, promoting responsible management, and preserving family values. While it may seem simplest to transfer assets...
Don’t Name a Minor Child as Direct Beneficiary!
Don’t Name a Minor Child as Direct Beneficiary! Naming a minor child as a direct beneficiary of an account or a Will can lead to several complications and challenges that may affect the child's financial future. Here are some key reasons why this practice is generally discouraged: Legal...
Introducing the Washington Gift Trust for Your First Advanced Planning Strategy
Introducing the Washington Gift Trust for Your First Advanced Planning Strategy For Washington residents, estate planning involves unique tax considerations. Unlike federal guidelines, Washington State sets a much lower threshold for estate taxes, which can apply to estates far smaller than the...
Phone
(206) 547-1412
Click to Email
Seattle Office & Mailing Address:
1833 N 105th St, Suite 301
Seattle, WA 98133
Redmond Office:
Thinkspace Redmond
8201 164th Ave NE, 2nd Floor
Redmond, WA 98052