Asset Protection Using a Trust
Revocable Living Trusts: Asset Protection Broadly speaking, when asset protection is the goal, a revocable living trust may not be the appropriate choice for this exact purpose. A settlor, or...
Matthew M. Luedke 🏆 2019 Rising Star for Estate Planning and Probate
Please help us congratulate our own Matthew M. Luedke on being selected as a Super Lawyers 2019 Rising Star for Estate Planning and Probate! Rising Stars is a designation of...
Making Changes to Your Will
Occasionally, it’s a good idea to take time to assess your current estate plan, so that you can make necessary modifications which will help guarantee that your strategy is kept...
Navigating the Costs of Long-Term Care / Elder Law
There are a few things you probably wouldn’t want to haggle with someone about but, contrary to what you might guess, it appears that long term care is not one...
Avoid Family Arguments (Pt 3) – Lack of Communication / Wrong Executor
Lack of Communication In some cases, even possessing your Last Will and Testament won’t be enough to prevent sibling fights from taking place. For example, a parent might determine to...
What are Special Needs Trusts?
You can consider a trust as “formed” whenever a piece of property (finances, real estate, or other tangible items) becomes managed by another person for someone else’s benefit. An individual...
Avoid Family Arguments (Pt 1) Power of Attorney & Healthcare Directives
Most folks probably think that family feuds only transpire when we’re in our youth, and for most people this is probably true, but for some siblings this kind of rivalry...
What Exactly Is a “Self-Proving Will”?
A self-proving will is one that, in addition to being properly signed by you and properly witnessed, also includes what’s called a “self-proving affidavit”. This is a statement that’s attached...
Understanding Irrevocable Trusts in Washington State
Revocable vs. Irrevocable Trusts There are many different types of living trusts, but they all fall into two main categories: revocable and irrevocable. Here’s the difference: The terms of a...
Memorandum of Trust Definition
One of the primary benefits of having a Revocable Living Trust is the privacy offered by this estate planning method. Unlike a Will, which becomes a matter of public record...