Category Archives: Probate & Estate Administration
What Happens If a Washington Probate Estate Runs Out of Money?
When a Washington resident dies, their probate estate is responsible for paying any debts or expenses left by the decedent. The personal representative (executor) of the estate must pay any valid creditor claims using the estate’s available assets. These payments take priority over any gifts or bequests made under the decedent’s will. But what… Read More »
Could a Life Estate Deed Help You Keep Your House Out of Probate?
For many older and retired Spokane-area residents, their home is their most important asset. It is therefore understandable they wish to make plans for disposing of their residence after they die. While you can certainly bequeath your home as part of your last will and testament, that means putting your house through probate. Generally… Read More »
What Taxes Will You Owe After You Die?
We often get questions about the estate tax and whether that will claim a share of a person’s assets after they die. In reality, the federal estate tax applies to just a small handful of estates, so few Washington residents need to concern themselves with Federal estate tax. That said, there are other tax… Read More »
Tips for Avoiding Probate in Washington State
Going through the probate process in Washington State can be an expensive and time-consuming undertaking. The longer probate takes, the longer your beneficiaries will have to wait to receive the inheritance you left for them. However, not all estates in Washington have to go through the probate process and there are tips you can… Read More »
Trouble Understanding Probate? Ask a Kennewick Probate Lawyer
Settling an estate after losing someone close to you is probably the last thing on your mind. Understanding the Kennewick Probate process can be a complex, time-consuming, arduous experience – filled with legal jargon & confusing terminology – not to mention the undue stress it can place on you and your family. The mountain… Read More »
Avoid Probate in Washington State Using Trusts
When it comes to estate planning, the best way to avoid probate in Washington State is by setting up revocable and irrevocable living trusts. Trusts are powerful legal tools that can help protect your assets from being taken away in a probate process, while also providing for your family’s future financial security. Trust attorneys… Read More »
Tri-Cities Probate Attorneys
If you live in Kennewick, Richland, or Pasco – Tri-Cities Probate describes the legal process that encompasses the administration and distribution of a deceased person’s property and the payment of outstanding debts. The probate process guarantees that all assets are distributed in accordance with the deceased person’s wishes. If you found us today by… Read More »
Trust Administration in Kennewick, Yakima, & Spokane
Trust administration is the management of trust property by trustees that follows the trust document’s terms and is for the beneficiaries’ benefit after the settlor’s death. An attorney can help trustees with many required steps to implement effective administration. If you or a loved one has recently passed with a trust in place, the… Read More »
How Can I Find Reputable Probate Attorneys Near Me?
Going through the probate process can be frustrating and bewildering, especially in the wake of losing a loved one. It may be tempting to keep your head down and avoid the situation altogether, but trust us when we say that finding the best will and probate attorneys will be one of the best ways to go… Read More »
What is Probate, & How long does it take?
Probate is the legal process that occurs after an individual passes away. The decedent’s will is submitted to the Court, and according to the terms of the will, the heirs legally obtain their inheritance. This process is required to distribute the deceased person’s assets. Many misconceptions about probate exist, and many believe it is… Read More »