Author Archives: Matthew Luedke
Guide to Washington State Estate Planning
You may have heard the phrase, “Nothing is certain except death and taxes”. We should probably plan for both right? Estate planning doesn’t have to be a boring topic, and much of it can be pretty interesting once you start to understand the benefits. You have nothing to lose but many benefits to be gained… Read More »
Disinheriting a Child in Washington State
Are you considering having to Disinherit a Child in Washington State? Parents have many different reasons for wanting to disinherit one of their children. Whatever the reason, it is important to consider a few things when disinheriting a child. Although it is always a painful decision, some parents feel like they have no other… Read More »
Washington State Estate Tax Guide for 2021 – Moulton Law
So, do we have a Washington State Estate Tax or Inheritance Taxes? Washington definitely does have an Estate Tax, however it does not collect an Inheritance Tax. Amidst the general election in Nov 1981, voters overturned our inheritance tax and passed the estate tax. This switch from the inheritance tax to an estate tax… Read More »
Long-Term Care Planning Advice
Long-Term Care Planning Advice for Seniors can be hard to come by these days! Did you know that if you’re Single – the odds are 50% greater that you will need long-term care by age 65? Married, those odds jump up to 75% that you or your spouse will need long-term care. Long-term care… Read More »
Donor-Advised Funds 101
Donor-Advised Funds 101: Giving USA 2017 recently reported that charitable giving continued to rise last year, with an estimated $390 billion donated to charitable causes. The report found that total giving in the U.S. reached record levels for the third year in a row. This increase and the overall size of charitable contributions reveals how… Read More »
Long-Term Care Insurance 101
Welcome to Long-Term Care Insurance 101! Statistically, most people who are age 65 and older will need some form of long-term care insurance at some point in their lives. That care could be anything from in-home care to a long-term stay in a skilled nursing home. The costs for this continue to rise. The… Read More »
Living Probate? What is that?
We’re often asked “What is living probate?” Too many people regard estate planning as little more than an after-death distribution plan for their assets. Whether they choose to transfer their wealth through probate with a will or avoid probate by other means, they believe that wealth transfer is all there is to estate planning…. Read More »
Inheritance Planning Insights
Inheritance Planning Insights that will help you determine what may be right for your family. Did you know baby boomer parents will leave an estimated $30 trillion to their offspring over the next 30 to 40 years? That is a lot of money. Hopefully those baby boomer parents will have their estate planning “ducks… Read More »
Baby Boomer Divorce
Although the Baby Boomer Divorce rate in the United States is declining slightly, the divorce rate among those age 50 and older is increasing. It seems that more people are divorcing later in life, after their children are reared and out on their own. It has been said that a divorce is worse than… Read More »
Life Insurance Assurance
Life insurance assurance is something almost everyone will need to consider at one time or another, in one form or another. This is because mortality is 100% on every actuarial chart. Like your estate plan, your insurance needs will vary, depending on what is appropriate for your unique circumstances at any given stage of… Read More »