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August Newsletter
Jensen Estate Law
August Newsletter
When Incapacity Strikes: Protecting Your Interests
Incapacity means the inability to make or communicate decisions for yourself, whether due to illness, injury, disability, or cognitive decline. Incapacity can have serious consequences for your personal and financial affairs, especially if you do not have an estate plan in place. In this article, we will explain what constitutes incapacity under Washington law, what happens if you become incapacitated without an estate plan, and how you can prepare for the possibility of incapacity in advance.
A Beacon in the Dark: How Care Management Trusts Guide Your Healthcare Decisions
As you age, you may face the challenge of maintaining your independence and dignity while receiving adequate care. You may also want to stay at home and avoid going to a nursing home unless absolutely necessary. If you are looking for a way to address your personal care needs and preferences, you may want to consider creating or updating a care management trust.
Ethical Considerations After Death: Minimizing Disputes and Ensuring a Smooth Succession
When someone passes away, they leave behind more than just material possessions. They also leave behind a legacy of values, beliefs, and aspirations that reflect who they were and what they cared about. As a personal representative or trustee, you have the important and challenging task of administering their estate in accordance with their wishes and the law.
March 2024 Newsletter
Jensen Estate Law March Newsletter Exploring the Tax Trails of Irrevocable and Grantor TrustsUnravel the complexities of irrevocable trusts and their taxation system with this insightful article. We explore the unique facets of how irrevocable trusts are not taxed like regular trusts, diving deep into the world of grantor trusts and irrevocable grantor trusts. We shed light on the nuances...
February 2024 Newsletter
Jensen Estate Law February Newsletter Presidential Debates: A Forecast for Estate Tax Policy ChangesStay ahead of the curve in estate planning by understanding how presidential debates can signal changes in tax policy. This article provides a guide on what to watch for in the debates and how to interpret it from an estate planning perspective. The Unchanging Landscape of Estate Tax...
January 2024 Newsletter
Jensen Estate Law January Newsletter New Year, New Order: Putting Your 'House' in Perfect Shape Start 2024 with your financial affairs in pristine order. Our latest article walks you through how to kickstart your year by organizing vital documents, re-evaluating beneficiaries and fiduciaries, and setting the stage for smooth Tax Day preparations. We delve into the importance of open...
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