In the past few decades, pet ownership has increased dramatically. These furry little friends have indeed become part of our families, and we have grown to love them and treat them as if they were one of our own children. According to Forbes, as of 2023, 66% of U.S....
Seattle Estate And Probate Blog
4 estate planning considerations when relocating to a new state
Like many, you may expect your existing estate plan to continue functioning when you move to a different state. After all, putting so much thought and energy into your efforts must mean your documents are valid in all conceivable situations. Unfortunately, estate...
What are some possible drawbacks of challenging a will?
Did you know those who meticulously plan for the end of life take many steps to ensure their wills are safe from potential disputes? It is a top concern for nearly everyone who creates an estate plan and wants to promote harmony for their grieving loved ones. Still,...
Why you need to address digital matters in your estate plan
Are you one of those people who keep all of your digital passwords in your head or do you keep them written down somewhere? If you tend to store this information in your head, it might not have occurred to you that your loved ones will have no way to access your...
Who has to pay an estate’s debts?
Debt often remains outstanding in someone’s name after they pass away. An individual may not have entirely paid off their credit cards, they may have some outstanding utility bills or they may even owe property taxes or income taxes. It’s possible to plan for some of...
Why estate planning intimidates so many people
As an adult, estate planning is one of the most important processes you can take part in. It ensures that your hard-earned savings go to the right places upon your death. You can also make plans for who will look after your minor children should something happen to...
Questions to ask when preparing for your role as estate executor
Has a friend or family member approached you about serving as their estate executor after they die? Most people are honored to receive such a request and agree before considering the matter carefully. Proper estate administration involves performing complicated tasks...
2 reasons to be skeptical of last-minute estate plan updates
Estate planning documents may be updated several times throughout someone's life. The needs of a college student or a young professional are vastly different from the estate planning requirements of a new parent or a retired adult. Although it is best to start estate...
Why young parents need to craft estate plans
If you have recently had or adopted a child and you don’t yet have an estate plan in place, it’s time to start crafting one. Generally speaking, all adults should have an estate plan in place, even if they don’t own much property or have children. Once you turn 18,...
How can POD accounts impact your estate plan?
One of the major parts of estate planning is simply passing your assets onto your heirs and any other beneficiaries that you choose. Many of these assets are financial in nature. You may have investment accounts, bank accounts and much more. One option that you have...