Search Results for: trust administration
Considering a Medicaid Asset Protection Trust?
Medicaid Asset Protection Trusts: The Basics When you transfer part of your assets to a Medicaid Asset Protection Trust, you can qualify for Medicaid assistance without losing any of the property or income you’ve likely spent years acquiring. To keep your assets from being counted as a potential penalty against you when you apply… Read More »
What are Special Needs Trusts?
You can consider a trust as “formed” whenever a piece of property (finances, real estate, or other tangible items) becomes managed by another person for someone else’s benefit. An individual handling the property itself is called a “trustee.” The person whose benefit this is for is called a “beneficiary”. A trust generally lasts as… Read More »
Spokane Estate Planning Lawyer
Spokane Estate Planning Lawyers Estate planning is a process you go through to protect your assets during your lifetime and provide instructions as to how those assets should be distributed when you pass away. Everybody has an estate plan whether they know it or not, because if you don’t create your own estate plan,… Read More »
Spokane Estate Planning, Elder Law & Probate Lawyer
Spokane Estate Planning, Elder Law & Probate Lawyers You’ve worked to build a life and home for your family, and you know how important it is to protect what you’ve built for their sake. Moulton Law Offices, P.S., is here to help you do just that. We are your guide through the process of… Read More »
Estate Planning Attorneys in Spokane, WA
Moulton Law Offices is an established law firm serving individuals and families in Spokane, Tri-Cities, and even Idaho. We provide legal assistance with a number of elder law and estate planning services. Within our Estate Planning practice, Moulton Law provides many well-known estate planning services which include Wills, Trusts, and Durable Powers of Attorney…. Read More »
What Taxes Will You Owe After You Die?
We often get questions about the estate tax and whether that will claim a share of a person’s assets after they die. In reality, the federal estate tax applies to just a small handful of estates, so few Washington residents need to concern themselves with Federal estate tax. That said, there are other tax… Read More »
Frequently Asked Questions About Probate in Washington State
You have probably heard the term “probate” in connection with the death of a family member or close friend. But you may not fully understand what it means. In this article, we will look at some of the more frequently asked questions about probate here in Washington State, and what you need to know… Read More »
Do All Estates Have to Go Through Probate in Washington?
Probate is a legal process overseen by the courts that is sometimes required after a person passes away. Probate gives the personal representative of a person’s estate the authority to pay the taxes and debts of the deceased, collect their assets, and ultimately transfer assets to beneficiaries. The personal representative of the estate is… Read More »
Yakima Wills Lawyer
Yakima Wills Lawyer Many people would consider a last will and testament to be the cornerstone of a well-developed Washington estate plan, and it is true that this is a core document. Your will is your voice after you pass away, providing instructions on how you want your estate managed and who should be… Read More »
Kennewick Probate Lawyer
Kennewick Probate Lawyers Probate is a legal process supervised by the courts and it is sometimes required after a person passes away. During probate the law and any documents pertaining to a person’s estate, such as a will, dictate what will happen to the property of the deceased. The probate process also gives the… Read More »