Author Archives: cms@site-mail.com
Making Sense of Living Wills in Washington State
Every individual deserves the right to dictate their healthcare, particularly when they cannot communicate their wishes. A living will, or as it’s officially termed in Washington State, a “health care directive,” provides a legally binding way to do this. Understanding this crucial document is fundamental for controlling your future healthcare decisions as you navigate… Read More »
What is a Credit Shelter Trust? Do I need One?
Simply put, a Credit Shelter Trust , also called a bypass trust or exemption trust, is a valuable tool used in estate planning in Washington State. Its primary function is to help mitigate the federal & state estate taxes that can often significantly burden a deceased person’s estate. In this article, we will dive… Read More »
A 5-Minute Guide to Estate Planning in Yakima
Estate planning is a critical process that many individuals often overlook. Not only does it involve planning for your future, but it also ensures that your loved ones are taken care of after your passing. Moulton Law Offices, a reputable law firm, understands the importance of providing professional estate planning services in Yakima, WA…. Read More »
New WA Long-Term Care Insurance Tax
In today’s ever-evolving landscape of health care and insurance policy, it’s vital to stay informed of any changes that could affect our financial futures. One such change is Washington State’s new Long-Term Care Insurance Tax, slated to take effect in July 2023. This article aims to provide a comprehensive understanding of this controversial tax,… Read More »
Is it Wise to Do Your Own “DIY Living Trust”?
In the internet age, doing things yourself, or the “DIY approach,” has become more popular. There’s no denying the appeal: it’s often cheaper, convenient, and can provide a sense of satisfaction. However, it’s crucial to understand the potential risks involved when it comes to significant financial and legal matters such as a DIY Living… Read More »
Understanding Medicaid & Trust Eligibility in Washington
Learn about Medicaid and trust eligibility in Washington State to help secure your future. Our easy-to-understand guide makes navigating these complex topics a breeze for seniors. We will discuss how to qualify for Medicaid, how income and assets affect eligibility, the differences between a trust and a will, and much more. With this knowledge… Read More »
Growing Popularity of Pet Trusts: Including Furry Family Members in Your Estate Plan
Over the last few years, the popularity of pet trusts has been on the rise. As more and more people consider their pets part of the family, it has become increasingly important for pet owners to ensure that their furry friends are cared for in the event of their passing. This article will discuss… Read More »
Obtaining Elder Guardianship of a Parent
As our senior population ages, it’s not uncommon for a family member to experience mental and physical decline that can impede their ability to make informed decisions. Alzheimer’s disease, stroke, or other related conditions, such as mental disorders, might be the culprit behind this loss of clarity in judgment. When an elderly parent cannot… Read More »
Trouble Understanding Probate? Ask a Kennewick Probate Lawyer
Settling an estate after losing someone close to you is probably the last thing on your mind. Understanding the Kennewick Probate process can be a complex, time-consuming, arduous experience – filled with legal jargon & confusing terminology – not to mention the undue stress it can place on you and your family. The mountain… Read More »
Helping Parents with Medicare & Medicaid
By understanding both programs and discussing them with your parents, you’ll be helping your parents make informed decisions about their healthcare coverage. This may provide them with greater peace of mind when it comes to their health and wellbeing. Knowing the specific difference between Medicare and Medicaid can be confusing. However, Moulton Law is… Read More »