Washington State and the Coronavirus: Putting the Proper Estate Planning Documents In Place As the number of coronavirus cases in Washington State peaks, an anxious nation watches to see how we will respond. A March 20, 2020 New York Times news report detailed the struggles our area is currently facing. This includes difficult decisions doctors will likely have to make in dealing with critically ill patients. Those… Read More
The Struggle to Pay College Costs Is Raising Guardianship Issues According to a July 30, 2019 news report by the Washington Post, some parents are resorting to drastic measures in order to meet skyrocketing college costs. They are arranging for others to take custody of their children through guardianship proceedings to qualify for financial aid. This is particularly relevant in Washington State, which recently… Read More
Aretha Franklin’s Estate Raises Issues With Handwritten Wills A hearing is scheduled for June of 2019 to determine if handwritten wills found in Aretha Franklin’s estate are valid. Aretha Franklin died in August of 2018 but her estate is still being contested in court. Franklin is one of a handful of famous musicians who have died in recent years without a valid will… Read More
Washington State May Be the First to Offer Publicly Funded Long-Term Care Insurance Long-term care planning can help ensure you get the level and quality of care you need in the event of a chronic condition. As well as, an unexpected injury, or a sudden illness that leaves you unable to provide for yourself. While long-term care insurance, purchased privately or through an employer, can help offset some… Read More
Who Is Covered? – Special Needs Trust One of the more unique legal documents that’s drawn up periodically is the special needs trust. This type of financial trust is set up for a person who has a disability. Which can be physical or mental in nature, or both. While those setting up a trust are usually family members; such as parents. Sometimes a… Read More
Why Family Meetings Are Important As we get older, it becomes increasingly important to organize our lives so that if something happens to us, our adult children or other loved ones will know what to do. An unexpected accident or hospitalization can leave family members scrambling for information about financial or household issues. For example, someone may need to know… Read More
Updating Wills Congratulations, you have a will in place! If you already have a legal will in place, then you have taken an important step in protecting your family! No one likes to think about their own death, but having a will in place, or a living trust, will help ensure your assets are quickly transferred to… Read More