Category Archives: Wills Trusts
Can You Probate a Copy of a Will in Washington State?
Probate is a court administered process and there are a number of formalities you must observe when executing a will in Washington State. To be accepted, the will must be in writing and signed by you (as the “testator”) in the presence of at least two witnesses. The witnesses must also sign the will… Read More »
How Often Should You Update Your Will in Washington State?
A last will and testament is a legal document that enables you to dispose of your probate assets upon death, name a personal representative for your estate, and exercise other legal rights such as nominating a guardian to care for your minor children. Every Washington resident should have a will regardless of their current… Read More »
What is a Living Will in Washington?
Nobody wants to think about the end of life and it is easy to put it off, particularly for those who are young and healthy. However, careful planning can ensure that your final wishes are fulfilled and that you are treated with dignity. While living wills are an important part of any estate plan,… Read More »
Things to Know About Funding a Trust
At one time, trusts were only implemented by the very wealthy. Today, though, people of all asset values and income levels use trusts to ensure their assets are protected, maintain a level of privacy regarding how assets are distributed, and help loved ones avoid the probate process. Trusts have many advantages. Not only do… Read More »
Can a Trustee Ignore the Trust’s Instructions?
One of the key benefits of a living trust is that it allows you to leave binding instructions for your trustee on how you want your property distributed after your death. Although you can always amend, alter, or revoke a living trust at any point during your lifetime, once you pass away, the trust… Read More »
Making Sense of Living Wills in Washington State
Every individual deserves the right to dictate their healthcare, particularly when they cannot communicate their wishes. A living will, or as it’s officially termed in Washington State, a “health care directive,” provides a legally binding way to do this. Understanding this crucial document is fundamental for controlling your future healthcare decisions as you navigate… Read More »
Is Your Last Will & Testament a Scam?
Demystifying Probate, Privacy, and Protection with Moulton Law Offices Most adults have considered or established a Last Will & Testament, hoping to secure their family’s future and ensure their assets are distributed according to their wishes. However, many individuals unknowingly have misconceptions about a will’s functions and limitations. At Moulton Law Offices, located in… 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 »
Irrevocable Trusts Demystified: How They Work, Types, etc.
First – What is an Irrevocable Trust? An irrevocable trust is a kind of trust that ensures that the terms, once set, cannot be changed. While this makes them sound permanent and restrictive, irrevocable trusts can be advantageous. Compared to revocable trusts, where you can change or revoke any terms whenever you like, these… Read More »
What To Expect When a Trustee is NOT Paying Beneficiaries?
Today we want to address a more common situation than people might think. We’re talking about the worst nightmare of any beneficiary today: dealing with a trustee who refuses to do the right thing – the trustee is not paying beneficiaries. This might be a trustee who doesn’t want to pay out the trust fund… Read More »