People will go to great lengths in order to reap the benefits of a big estate. This can include manipulating or tricking a grantor of a will or estate. Many cases of grantor manipulation and undue influence will leave behind red flags. It is important to keep an eye...
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Estate Planning
Consider a funeral trust in your estate plan
You have a lot on your plate when it comes to estate planning including inheritance decisions and powers of attorney. That all depends on your wishes and the needs of your family. One question may go by the wayside though: what do you want for your funeral? That may...
Should you have an advance directive?
When preparing your estate plan, it is highly likely that you have spent most of your focus on the things that you want taken care of after your death. Of course, this is the primary focus of an estate plan in general and is something you need to take care of. But you...
What should you tell your adult children about your estate?
You know how important it is to have an estate, but you may struggle to discuss your will and other estate planning documents with your adult children. How do you overcome this hurdle? CNBC provides tips for walking your loved ones through your estate plan. Learn how...
What powers should you give your power of attorney agent?
You want to take care of your affairs no matter your health. While you know you should have a power of attorney, you may not know the extent of the role's abilities. The American Bar Association answers various questions about power of attorney. Learn which powers to...
Planning for the potential of estate taxes
As you get more involved in the estate planning process in Washington, you inevitably start to notice opportunities to preserve assets for your beneficiaries. Plans to avoid probate to settle liabilities prior to your death fall among these. Yet one expense you may...
What is the difference between revocable and irrevocable trusts?
When starting or changing your estate plan, you may find you need a trust. It is a common convenience no matter the amount of money or property you have. You can use a trust to keep control of your assets during your lifetime or name a trustee to manage it for a...
Advance directives: what they are and why they are important
Creating a Washington will, naming beneficiaries and setting up trusts for a child’s education is often what people think about when setting up an estate plan. However, you can also make your wishes known if you experience an illness or catastrophic accident that...
