Often, finding an appropriate nursing home for a loved one is only half of the battle. Once you have found an assisted care facility or nursing home that fits your needs and price point, more interpersonal problems start to appear. For example, it is not unusual for a...
Reducing inheritance conflict among siblings
Fights over inheritance have the potential to tear families apart. However, having a solid Washington estate plan in place may help you prevent these conflicts before they arise. Often, inheritance fights arise because adult children feel shortchanged or as if someone...
Is it time to review your estate plan?
After creating your estate plan, you may let it sit for a few years untouched. But you should not leave it as-is indefinitely. Your estate plan must accurately reflect your life at the time of your death. As such, it is important to keep it updated. But how do you...
Will you require long-term care?
Everyone ages. It is a fact of life that you cannot prevent. However, every person does not age the same. It is difficult to know if you will need long-term care when you get older. According to the U.S. Department of Health, the needs of each person will vary...
Is it time to review your estate plan?
Your estate plan consists of a large part of end-of-life planning. But you are not done with it after you finish writing it. In fact, you should frequently revisit your estate plan to ensure that it still matches your current life situations and desires. But when...
What are some responsibilities of a personal representative?
Upon your death, your personal representative files your will with the probate court so that your assets transfer to your intended beneficiaries. If you create a valid will, Washington State law requires it to go through the probate process within 40 days after your...
Should you tell your family about your will?
As a Washington resident, you have invested time and effort into your estate during your life. You have spent time crafting a good estate plan that will ensure proper handling of your estate after your death. But what about your living relatives? Should you talk to...
Who inherits your estate if you don’t have a will?
If you die in Washington without having first made a will, Washington law determines who inherits what portion of your estate. Called intestacy, Sections 11.02.070 and 11.04.250 of the Revised Washington Code distributes your estate by law, regardless of what...
Understanding estate tax guidelines
Past posts on this blog highlighted the need to have a well-developed plan to settle your liabilities before or upon your death. Doing so ensures that your personal wealth remains available to pass on to your beneficiaries. Yet many of the prospective clients that...
Why would you contest a will?
When a loved one's will goes through probate, you may find its instructions inconsistent with what you previously believed it contained. In fact, the document may sound so incorrect that you wonder if it is real. The probate process allows the debts and distributions...