The executor of your estate is an important role that you should decide on carefully. The person appointed as executor is responsible for managing your estate after your death and carrying out your wishes for asset distribution. There are a few things to know when it...
Washington is a community property state, which means that assets acquired in the marriage are joint assets. Courts distribute joint assets equally in divorce settlements in community property states, ensuring both parties fair and equitable treatment. That asset...
When making a will, it is important to consider all the legal and practical implications of what the document may contain. One of the most important aspects to consider is the ability to revoke the will. Knowing the rules of revoking a will can help you make informed...
The decision to end a marriage comes with an array of issues to resolve. For people striving for an amicable divorce, mediation often eases associated stresses. On average, 59 divorces happened every day in the state in 2020, according to the Washington State...
Generally speaking, divorce is an experience most want to finish as fast as possible. While it may be unpleasant, it must happen for both individuals to feel happy once more. The right approach can make dissolving your marriage quicker and easier. For best results,...
When you and your spouse decide to divorce, one of your biggest concerns may involve how your children will react to this major change. You may worry about how your children will take the news and how they will cope with your divorce. Although divorces in the U.S. hit...
When couples with children divorce, the process of separation becomes significantly more complex. When parents are not in agreement about support payments, they must follow the court-ordered agreements. However, situations can change, leading to modifications of child...
When elderly family members can no longer care for themselves, a guardian or power of attorney may step in to assist. While both types of assistance sound similar, there is one significant advantage of a power of attorney: control. Guardianships When someone can no...
Both revocable and irrevocable trusts are excellent estate planning tools. Each is beneficial in different situations. When planning your estate, consider your objective in creating the trust to determine which option works for you. Irrevocable trusts Washington State...
When you think about estate planning, the first thing to come to your mind is probably a will. However, arranging a trust might be preferable to writing a will in some situations. A will dictates the distribution of an estate after an individual's death. A trust...