When you’re doing your estate planning, it’s only natural to want to leave your adult children the property where you’ve spent many family vacations. However, when it’s a timeshare property (generally at a hotel or resort), it’s crucial to consider it carefully. Let’s...
Trusts provide a way for people to pass assets down to their heirs without having to worry about them going through the probate process. There are many different types of trusts, so it’s imperative that you choose the one that suits the circumstances. One thing that...
Your last will and testament tells your personal representative how to handle your estate and lets your family members know what to expect as beneficiaries. You likely invested significant time and consideration into the creation of your will. Unfortunately, all it...
When preparing for end-of-life and long-term health care decisions, there are two main tools available: Medical powers of attorney and living wills. What if you have neither of those at a critical medical moment when you’re suddenly unable to speak for yourself? If...
The Long-Term Care Act was passed in 2019, which made Washington the first state in the nation to establish a public program centered on long-term care. Employees and employers need to find out all they can about this act because it goes into effect in January 2022....
While you’re going through the process of working on your estate planning, it’s a good idea to learn more about "testamentary capacity" and what it could mean for you in the future. Having the mental capacity to complete a task means that you are capable of...
Nobody ever gave you a thing you didn’t work for. You certainly weren’t born with any silver spoons in your mouth. But because you weren’t afraid of hard work, you persevered and managed to accrue a nice-sized estate to leave your heirs and beneficiaries. You worry,...
More couples than ever are choosing not to get married. In fact, the number of unmarried couples living together has nearly tripled in this country since the beginning of the 21st century. Many of these couples are older. Being in a committed relationship without a...
Whether your child has a mental illness, developmental issue or physical disability, you may currently be relying on government benefits to provide the specialized care he or she needs. Unfortunately, programs like Medicaid and Supplemental Security Income often put...
All adults should think about what their futures might hold. For some, this could include incapacitation. The problem is that nobody really knows if they will fall into that category. Because of this, it’s imperative that all adults have health care directives in...
