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from Our Office
Featured:
The Leaky Will
Learn about the pitfalls of naming beneficiaries on employee benefits and accounts in estate planning. Discover the benefits of a joint revocable living trust, offering control, flexibility, and protection for your family’s future. Avoid probate, simplify administration, and ensure your assets align with your overall estate plan, bringing peace of mind. A joint revocable living trust to ensure control, protection, and peace of mind for your family’s future.
Securing Your Child’s Future: The Conservatorship Avoidance Trust
Jensen Law Office, PLLC 1833 N 105th St., Suite 301 Seattle, WA 98133 Securing Your Child's Future: The Conservatorship Avoidance Trust Planning for the future security of your children is one of the most important tasks you can undertake as a parent. The thought of leaving your child's...
General Knowledge:
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Estate Planning:
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...
Estate Administration:
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Recent Articles From Our Office:
Your Rights as a Beneficiary: Key Questions Answered
Your Rights as a Beneficiary: Key Questions Answered When Will I Receive My Inheritance? Question: What is the typical timeline for the distribution of inheritance in Washington? Answer: The distribution of inheritance can vary, often taking several months to over a year, depending on the...
Preserving Family Legacy Through Communication
Transforming Estate Planning Through Communication Part 2: Preserving Family Legacy Through Communication Welcome to the second installment of our series, where we focus on the indispensable role of communication in preserving a family's legacy through estate planning. Effective dialogue within...
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...
The Importance of Communication in Estate Planning
Transforming Estate Planning Through Communication Part 1: The Importance of Communication in Estate Planning Welcome to the first installment of our enlightening series focused on the pivotal role of communication in estate planning. Here, we delve into why effective communication is...
Rethinking Disinheritance: Constructive Alternatives to Strengthen Family Bonds
Disinheritance in Washington: Legal Insights and Family Dynamics Disinheritance is a word that echoes with a sense of finality and exclusion. It’s a decision that can significantly affect both family dynamics and legal processes, a choice that is never made lightly. This article examines the...
Fairness vs. Equality: Having the Right Balance
Fairness vs. Equality: Having the Right Balance Fairness and equality stand at the heart of decisions about whom to give to and what to distribute in estate plans. While distributing assets equally among beneficiaries may seem straightforward, adjusting them to address individual needs introduces...
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