Category Archives: Wills Trusts
Avoid Probate Using a Living Trust
Living trusts are a great way to avoid probate. Here’s what you need to know about how to avoid probate with a living trust. Living trusts are a way to make sure that your money goes where you want it to. Most individuals wish to leave as much of their wealth to their children… Read More »
Living Trusts – Beware of these 4 Myths
A living trust is one of the most frequently used types of trust. A trust is essentially a contract between the trustee, managing and distributing the assets outlined in the trust document, and the creator. There are several types of trusts available to individuals and couples alike. Living trusts can be divided into revocable… Read More »
Electronic Wills in Washington Legal Since January 1st, 2022
Governor Jay Inslee signed Senate Bill 5132 in 2021, which adopts the Uniform Electronic Wills Act (the “Act”). This means that electronic will become legal in Washington beginning on January 1st, 2022 . A “wet” ink signature was formerly required to execute a lawful Washington Will. The testator (the person creating the Will) was… Read More »
Trust Planning for Minors – 4 Mistakes to Avoid
Trusts are complicated legal instruments that require an attorney with a keen eye and foresight. If an estate planner fails to make specific considerations, they may endanger their reputation and the financial security of a beneficiary. To avoid being caught in this trap, here are some typical blunders to avoid when creating trusts for… Read More »
Who Can Contest a Will?
During the probate process you could encounter a family member trying to contest a will, but luckily not everyone can do so. For example, you can’t challenge your cousin’s will because you believe his estate would be better off in the hands of another relative. You also may not object to a will simply… Read More »
Types of Trusts Available in Washington State
Many people are familiar with the three major types of trusts available in Washington State, but you should be aware that there are several more variants to choose from based on the circumstances. People understand the term “trust” from television portrayals of prosperity or have heard the phrase “trust fund children” in popular culture… Read More »
Benefits of Hiring a Spokane Wills and Trust Attorney
The benefits of working with a dedicated wills and trust attorney are numerous. We’ve listed some of the most helpful aspects of hiring a lawyer to help you with the process. Who Needs a Will? A Last Will & Testament is a legal document establishing how you want your possessions to be distributed after… Read More »
Primary Advantages of Creating a Living Trust
A living trust saves your family time and money by avoiding probate — and it confers several additional benefits as well. The main benefit of a revocable living trust is that it saves your family time and money by avoiding probate after your death. But there are other advantages as well. Protection From Court… Read More »
Spokane Wills and Trusts Attorneys
How wills and trusts attorneys can help: Your Last Will & Testament is a legal document that details how you would like to distribute your assets when you pass away. Your will can also answer important questions, such as who you would select to be the guardian of your children. Are you Looking for… 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 »