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How A Living Trust Helps Your Family
There are several parts to an estate plan, one of them being a living trust. Common factors that prompt someone to create a trust include privacy, tax benefits, avoiding probate, and caring for family...
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Important Steps to Protect Your Special Beneficiaries
All children are a blessing. From the day they are born, you begin making plans to ensure that your child or grandchild has a bright future. What will their interests be? What job will they have? Who...
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Giving Thanks With Your Estate Plan
Estate planning covers more than just financial matters. Indeed, many use their estate plan to pass along their values as well as their wealth. One way to do this is to give thanks with your estate...
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Estate Planning is Like Building a Snowman
A complete estate plan must include certain essential parts. In fact, it is similar to building a snowman in some respects. The traditional snowman has several critical components: bottom, middle, and...
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Your Divorce Decree: The First Step in Estate Planning
You have recently divorced your spouse and the judge has signed the divorce decree. Now what? Although you may feel as though you have spent enough time and money on lawyers, there is one last attorney...
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Which Distribution Method Is Best? Showing Your Children the Love
If you are a parent, you probably love to do good things for your children—and leaving them an inheritance is one of the most tangible ways you can show your love once you are gone. What you may not...
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Planning on Giving Money this Holiday Season? 5 Things to Consider
The holiday season is a time to enjoy friends, family, and loved ones. Often we consider our life circumstances and may get in the spirit of giving. This is particularly true if you are at a point in...
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Your 5 Task Year-End Estate Planning To-Do List
2021 is fast approaching. As we all prepare for the holidays and a new year, it is important that we wrap up any loose strings. Before entering into the new year, here are some things that need to be...
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Saving for College: What If There Is Money Left Over?
Saving for College: What If There Is Money Left Over? Setting money aside for your children’s or grandchildren’s education is a great way to provide for their future. However, it is possible that not...
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September: How to not fumble your estate plan
September: How to not fumble your estate plan My favorite time of year has finally come again: University of Washington Husky Football! After over of a year and a half of pandemic life it is finally...
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It’s All in the Family: Understanding Common Legal Terms That Describe Loved...
It’s All in the Family: Understanding Common Legal Terms That Describe Loved Ones in Estate Planning While watching a movie or reading a book about wealthy individuals and their families, you may have...
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What to Do When a Child Dies
What to Do When a Child Dies The death of a minor child is one of the greatest shocks that life can deliver. No one can ever prepare for the cascade of challenges that will come with such an event....
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How to Choose a Trustee
How to Choose a Trustee When you establish a trust, you name someone to be the trustee. A trustee does what you do right now with your financial affairs—collect income, pay bills and taxes, save and...
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Five Surprisingly Common Planning Mistakes Baby Boomers are Making
Five Surprisingly Common Planning Mistakes Baby Boomers are Making Baby boomers – the first generation tasked with the responsibility of planning for and funding their golden years. This generation,...
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Are You Following Your Estate Plan?
Are You Following Your Estate Plan? An estate plan is like a map to the way your life’s work should be honored. It is meant to be followed. But in order for others to follow it, you must first. Your...
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Should I add my child’s name to my account?
Should I add my child’s name to my account? My clients often ask whether or not it is a good idea to add their child name to their accounts. Adding a child as Power of Attorney (POA) on your account,...
View ArticleTrust Funding: Setting Your Trustee Up for Success
Trust Funding: Setting Your Trustee Up for Success For many people, a revocable living trust is a valuable tool to ensure that their finances are well managed during periods of incapacity and that...
View ArticleHow to Get Organized to Meet With Your Estate Planning Attorney
How to Get Organized to Meet With Your Estate Planning Attorney OK, great! You’ve finally decided it’s time to meet with an estate planning attorney and get your affairs in order. It’s time to make...
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The ABCs of RLTs
Jensen Law Office, PLLC 1833 N 105th St., Suite 301 Seattle, WA 98133 The ABC’s or RLTs April Newsletter You may have heard of a revocable living trust (RLT), which is a commonly used estate...
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Trust Funding: Is Everything Titled Correctly?
Jensen Law Office, PLLC 1833 N 105th St., Suite 301 Seattle, WA 98133 Trust Funding: Is Everything Titled Correctly? May Newsletter Working with an attorney to draft a trust agreement for estate...
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