Author Archives: cms@site-mail.com
Revocable Trust vs. Irrevocable Trust: An Overview
A revocable trust and living trust are two distinct terms that basically define a similar function: and that is a trust which has terms that can be altered at any time. Whereas an irrevocable trust can be best described as one which you cannot change once it has been created. If you’re unfamiliar with the subject, a trust… Read More »
Estate Plan Review: COVID-19 Could Change Everything
Moulton Law Offices is an estate planning practice based out of Spokane, WA – with a secondary office in Kennewick, WA. We want to let our valued clients know that we are accepting appointments, mainly through virtual means so we can continue to serve you during these challenging times. We would prefer that you… Read More »
4 Reasons Why Estate Planning Is So Important
It’s All About Protecting Your Loved Ones It seems as though most folks these days are busy planning their next vacation, which car they want to purchase next, or even where they’ll be eating dinner tonight, at least more than they seem care about their estate plans —but we would caution you against putting… Read More »
Number of Coronavirus Cases Rising in Some Senior Living Communities
With an increasing number of Coronavirus cases springing up across the country, we want to re-iterate the importance of helping your elderly family members stay safe if they are living within senior living communities. Senior living facilities in many states are now reporting upticks in coronavirus cases. As we all know at this point,… Read More »
Ready to Retire? Consider These 3 Retirement Tips
To protect yourself from some of life’s unexpected surprises, we’ve detailed several retirement tips you can use ahead of your decision to stop working. Starting at 10 years prior to your last day of work, five years before, and then one year prior to your retirement date. Some of the biggest threats to your… Read More »
3 Things to Know About Powers of Attorney
Powers of attorney are just a single component of a well-designed estate planning package. Within such a package, you will usually find a living trust, wills, financial durable powers of attorney, as well as healthcare directives. Powers of attorney can be thought of as a piece of legal documentation, which states that, for example,… Read More »
NOW is the time to consider your estate planning options.
While COVID-19 has disrupted many individuals and businesses it has created an opportunity for those performing estate planning. If you have any questions regarding how COVID-19 has impacted the value of your business or how to improve your estate planning efforts we are happy to discuss these issues if you’d like to give us… Read More »
Considering a Medicaid Asset Protection Trust?
Medicaid Asset Protection Trusts: The Basics When you transfer part of your assets to a Medicaid Asset Protection Trust, you can qualify for Medicaid assistance without losing any of the property or income you’ve likely spent years acquiring. To keep your assets from being counted as a potential penalty against you when you apply… Read More »
4 Ways To Upgrade Your Estate Plan
Everyone has heard stories of famous people who died without a decent estate plan in place. This has been a hot topic in recent years with Prince and Aretha Franklin acting as the unfortunate faces of the phenomenon. But it’s not only freewheeling entertainers. Abraham Lincoln – a lawyer by trade – didn’t create… Read More »
Business Owners Should Always Create an Estate Plan
What happens if you die without leaving a will or estate plan? We can tell you it is probably the last thing you’d ever want. This is because the government is going to decide who receives ownership of your business, rather than choosing a successor yourself. Each state has its own regulations about how… Read More »