tax

The Substantial Risk of Writing A Will Without a Lawyer

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…

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Reasons Why You Should Set Up a Trust

Reasons Why You Should Set Up a Trust

Why should you set up a trust? Many estates include a trust, in which one party manages and possesses assets on another party’s behalf. It is common for parents to leave a trust for a child and have a responsible family member oversee this trust until the child is of legal age.  What are the…

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washington state death tax

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…

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