When making an estate plan, most people automatically think about tangible assets like homes, jewelry, artwork and family heirlooms. When it comes to non-tangible assets, plans surrounding the distribution of these assets to loved ones generally assumes some...
As the parent of a child with special needs, your financial responsibility will likely continue after you are gone. Fortunately, government programs and long-term care planning options can help you provide for your child for his or her entire life. Here are three...
If you have a disabled adult child, you may benefit from including a special needs trust in your overall estate plan. Disbursements from this type of trust cover supplemental expenses while preserving your son’s or daughter’s eligibility for needs-based government...
As you set up arrangements to care for your family in Washington after your death, you may wish to include your pets in these considerations. Including your pets in your will is one way to go about this, but is it feasible? The short answer to the question is yes,...
Estate planning can seem complex, and many people dread the process. However, having a comprehensive estate plan in place can ensure that your living heirs get your assets in a timely manner. Failing to properly estate plan can mean that your assets end up in probate...
Long-term care for your loved ones should not have to be a burden to you or them. Insurance companies these days reconcile with the fact that cheap policies sold years ago demand pay from them today. In order to preserve their bottom line profits, they can work toward...
Washington residents like you can use your estate plan in many ways. If you own a business, a large portion of this plan will likely end up dedicated to the maintenance of the company. There are many categories for you to cover. They are all focused on successful...
As your parent ages, you may have concerns about whether he or she can continue to live independently. This is especially true if you notice signs of forgetfulness, memory loss and confusion. Understand the early signs of Alzheimer's disease and other forms of...
Washington residents like you put time, effort and heart into your estate. You want to preserve it for your loved ones. You want to ensure it passes hands in a smooth and easy way. One of the best ways to guarantee this is by having a good estate personal...
A personal representative has the obligation of finalizing an estate. If you take on this role for a family member or friend, then it is up to you to understand exactly what duties you have, which include how you must handle any outstanding debts. The Washington Times...
