Write Your Will: 8 Things You Need to Get Ready
What things do you need to get ready before you write your will? The estate planning process allows you to decide what will happen to your assets once you are gone. You may also plan for how to manage your debts and other obligations. If you have children, you can designate someone to serve as…
Does All Property Have to Go Through Probate When Someone Dies?
Does all property have to go through probate when someone dies? During the estate planning process, you must decide how you would like your assets to be distributed after you die. Your last will and testament will name someone to act as your personal representative. The will may contain all of your instructions on what…
How Long Does Probate Take Without a Will?
How long does probate take without a will? Dealing with the loss of a loved one is already a difficult process, so it’s easy to get frustrated when it comes to going through probate too. This lengthy and often difficult process can add even more stress to your life. The probate process is one in…
What Is A Holographic Will And Does It Stand Up To Legal Scrutiny?
What is a holographic will? A holographic will is a handwritten will signed exclusively by the individual making the will. State laws vary regarding the legality of holographic wills. Some states recognize holographic wills only from active members of the military. Other state probate courts require two witness signatures on a holographic will to confirm…
The Substantial Risk of Writing a Will Without a Lawyer
What is the risk of writing a will without a lawyer? Each state has strict laws that govern the probate of estates—whether with or without a will. Unfortunately, this means that if a will is challenged as invalid and thrown out, the testator will no longer have control over what happens to their estate. Trying…
5 Reasons You Should Have a Will
Why should you have a will? It may feel grim to talk about wills when you are young and healthy. However, it is an essential conversation if you are married, have children, own a business, or possess any number of assets. Let’s explore some of the reasons why adults should have a will. 5 Reasons…
Estate Planning for Minimalists
What is estate planning for minimalists? Minimalism is a lifestyle that means living and thriving on the bare essentials. You can use minimalism principles throughout your life, from your home to future plans. An important way to prepare for your future with minimalism is to plan your estate. How should minimalists approach estate planning? Let’s dive…
How to Set Up a Trust for Your Child Right Now
Need to set up a trust for your child right now? As a parent, it is good for you to create a plan for distributing your assets in the case of your untimely passing. Part of that involves setting up a trust for your children. In a trust, you can choose a trustee who oversees such…
What to Do If Your Elderly Loved One Is Being Abused in a Care Facility
What should you do if your elderly loved one is being abused in a care facility? Our loved ones are everything to us. When they take up residence in a care facility, we trust those workers to care for them and keep them safe, as we would if they were at home with us. If…
What You Need to Know about the Death Tax in Washington State
What do you need to know about the death tax in Washington state? Nobody wants to pay more taxes than they must. If you die without properly preparing for Washington estate tax you will be paying more in taxes and leaving less to your heirs. The Difference between an Inheritance Tax and an Estate Tax…