Recent Blog Posts
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 »
Explore the Costs of Estate Planning in Washington State
When considering one’s future, estate planning is a crucial aspect that ensures your assets, properties, and, most importantly, your loved ones are well-cared for when you’re no longer there. Today, we delve into the cost of estate planning in Washington state , offering a comprehensive guide to help you prepare for this essential step…. 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 »
Unique Challenges for LGBTQ Estate Planning
Planning for the future is crucial for everyone, with estate planning playing a significant role in ensuring a secure future. For LGBTQ+ couples, however, unique complexities can arise from legal, domestic, and societal issues. Addressing these complexities professionally, such as with the assistance of an estate planning attorney like Moulton Law Offices, may prove… 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 »
Asset Protection Trusts in Washington State
In an era of financial uncertainties, protecting your hard-earned wealth is paramount. Whether you’re an entrepreneur or a high-net-worth individual, safeguarding your assets from potential creditors, lawsuits, or bankruptcies is a cornerstone of sound financial planning. This article takes a deep dive into asset protection trusts, comparing the pros and cons of revocable living… Read More »
Estate Planning for Business Owners – 11 Steps to Success
As a business owner, you’ve likely dedicated years of hard work to building a successful company. Ensuring that your business continues to thrive after you’re gone is an essential part of estate planning. At Moulton Law Offices in Spokane, Washington, we understand the complexities of creating an estate plan for business owners and are… 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 »
Power of Attorney: a Comprehensive Guide
A power of attorney (POA) is a crucial estate planning tool that allows you to appoint a trusted individual to make decisions on your behalf if you cannot do so yourself. There are different types of POA, each with its specific purpose and scope. In this article, we will explore the various types of… Read More »