Recent Blog Posts
Spokane Special Needs Planning Attorneys Ready to Help
Consult with our Spokane Special Needs Planning Attorneys so we can help you or your family member remain eligible for government benefits. When beginning the process for choosing the correct supplemental needs trust, many folks find the process is much easier when you have an experienced and compassionate special needs planning attorney on your… Read More »
Testamentary Capacity in Washington State
Testamentary capacity is another way of describing the soundness of mind required of a “testator,” which is the term for a person who executes a Will. Testamentary capacity is a requirement to execute a valid will in the State of Washington. In Washington State, testamentary capacity can be considered met when the following occurs:… Read More »
2021 Estate Planning Survey on Preparedness / Current Trends
You’ve heard the saying before, “death and taxes are two certainties in this life,” and people plan for the latter one of these two eventualities. However, regarding the other one, a surprising percentage of people are remiss. 2021 Estate Planning Survey Results Caring.com has been conducting estate planning studies annually to get a feel… Read More »
How to Pay an Adult Beneficiary an Inheritance
Proper estate planning requires a bit more than just figuring out who receives your property when you pass away. It would likely be best if you could decide how and when these people would obtain their inheritances. In most states, you will have several options for leaving an inheritance to an adult beneficiary: They… Read More »
Kennewick Probate Attorneys – Moulton Law Offices
Probate describes the process of verifying if a will is legally valid, in addition to formally empowering the designated executors to be able to execute their duties according to the decedent’s final instructions. As experienced Kennewick probate attorneys, Moulton Law is committed to thorough and effective representation of our clients, particularly when it comes… Read More »
Power of Attorney in Washington State 2022
In Washington State, power of attorney gives important decision-making abilities to another party (which is commonly referred to as an “agent” or attorney-in-fact) to enable that person to act on his or her behalf. The purpose of a power of attorney is to allow this agent to act as though they were sitting in… Read More »
Understanding Your Rights as a Trust Beneficiary
People sometimes assume that a trust beneficiary doesn’t have any real rights and that a beneficiary will always be beholden to any decisions made by the trustee of the trust. However, trust beneficiaries usually have a few rights concerning the trust as well. The exact rights of a trust beneficiary will depend on the… Read More »
Reduce Your Washington State Estate Taxes for 2020
An estate tax is a tax on your assets when you pass away. The IRS has determined that for 2020, federal estate tax generally only applies to accrued assets beyond $11.58 million in value. Most existing estate tax rates range from around 18% to 40%. The cut-off for Washington State Estate Tax 2020 is… Read More »
Trust vs a Will – What’s better when it comes to COVID-19?
It’s important to note that each approach listed below is going to have different benefits depending on the scenario. Below we’ll go over the various benefits why you may want to end up going with a Trust vs a Will. 1. A Will may be created more quickly (and may cost less). Many wills… Read More »
‘Wrongful Life’ Claims & Lawsuits may be rising due to COVID-19
Many Americans are creating “end-of-life” guidelines. We have shown great progress these last few months in our battle against the coronavirus pandemic, however, as it has not yet been brought under control, there are many folks who may want to consider a review of their advanced healthcare directives. Recent wrongful life lawsuits bring about… Read More »