You may already understand the importance of having a power of attorney (POA). It is invaluable to have a person you trust to make decisions on your behalf if you become incapacitated. But if one is good, is two better? The pros and cons A POA is a legal document that...
Month: August 2024
What’s the purpose of an irrevocable trust in estate planning?
Creating an estate plan is a way that you can let your loved ones know your wishes about how various concerns should be handled after you die, including your finances and assets. Some people opt to outline their plan for assets in a will, and others choose to use a...
What is an executor of the estate?
When making a will, the testator has several important considerations to make. The first consideration is often deciding who will inherit assets from the estate. The second consideration is typically naming someone to help administer the distribution of the estate....
How do healthcare directives work in Washington?
If you have particular preferences for your medical care in case you become incapacitated, you can set out your wishes using healthcare directives. These legal documents provide a way to communicate your healthcare decisions to family members and medical professionals...