As you prepare for retirement, you should evaluate your finances and examine your budget. While going over your assets, you can use the opportunity to revisit your estate plan so that it reflects any recent changes. With a thorough, up-to-date estate plan, you can...
Seattle Family Law Law Blog
Why parents need to immediately create an estate plan
As a new parent, you need to plan for specific outcomes. You might not want to think about it, but one of the most important things you must prepare for is your death. If you pass away without creating an estate plan that caters to your children, you risk causing a...
How can a living trust benefit middle-class families?
Like many Americans, you may think that only wealthy individuals can benefit from creating a trust fund. However, this important financial tool may help you better manage your assets even if you only have a relatively modest estate. A revocable trust, or living trust,...
What are the potential benefits of an uncontested divorce?
Litigation was once seen as the only option for couples facing divorce. However, today many Americans are choosing to file jointly in an uncontested process. If you and your spouse agree on how you want to divide assets and continue providing care and support for your...
What does a basic estate plan include?
If you own property and assets, you may wonder exactly what will happen to it all after you pass. Estate planning allows you to determine exactly where and to whom your estate transfers when you are gone. What is estate planning? A proper estate plan is legally...
Maintaining amicability after a divorce
Many people get divorced due to extramarital affairs, communication issues, conflicts over household responsibilities, or lack of compatibility. However, despite their problems, it is ideal if a divorced couple can remain amicable with each other after their...
5 reasons for updating your estate plan now
If you created your estate plan several years ago then put it out of your mind, you are not alone. In fact, you are part of the majority. However, changes happen in life. Here are five reasons you should make an appointment to update your estate plan. 1. Different...
Can a child choose which parent to live with in a divorce?
If you and your spouse are separating with the intention of filing for divorce, you likely have many questions about child custody arrangements. Your child may have expressed a strong preference for living with one parent or the other. Before you let hurt feelings...
Powers of attorney may be a good next step for your estate plan
Perhaps you created your last will and testament some years ago. Time passed, and you did not pursue other estate planning possibilities. Now that you are nearing retirement, you want to consider the next step. If so, this may be a good time to establish your durable...
What is behind the astonishing rise in later-in-life divorces?
Since the 1960s, divorce among older couples has skyrocketed. Researchers believe the number will triple by 2030. Although “gray” divorce is an accepted part of modern society, some find the trend baffling. What causes older, long-married couples to go their separate...
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