When you start nearing retirement age in Washington, it's very important to make sure you have an estate plan in place. If you've already written some documents, review your plans and make sure they're still updated. And if you haven't started, it's important to act...
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Commonly applied estate planning excuses
The state of Washington has many successful people who have earned and acquired significant assets of value over time. However, many family providers mistakenly ignore the benefits of a sound estate plan. Instead of protecting your assets and ensuring a fair and...
Are old wills valid?
Suppose you have a will that is 20 years old. Maybe it leaves practically everything to your ex-wife and nothing to your new wife. Would such a will still be valid?Yes, it can be sometimes. However, the age of the will may raise some issues. Many life...
Basic requirements for a valid will
Making a will can give you control over what happens to your assets after you pass away. A well-drafted, specific will with clear provisions can also go a long way towards minimizing potential conflicts and misunderstandings later on.The first thing you want to ensure...
What happens if you do not leave a will in Washington state
Making a will is often one of those tasks people find a reason to put off. However, life can take unpredictable turns. Planning your property disposition in advance can save your loved ones many headaches and ensure your estate distribution occurs in accordance with...
How to prepare finances for a divorce
Many married couples end up getting divorced. In 2015 alone, the state of Washington had over 24,000 divorces take place, according to the Washington State Department of Health.One of the biggest factors of any divorce is money. Assets get divided, and...
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