Planning for Life and Death
Your IRA is a fund to be attacked by the people your children owe money to after you’re gone. I know. Your children are amazing. And they may not owe money to anyone right now. But remember, nearly half of American households have expenses that equal or exceed their income, and most people simply don’t …
A/B TRUSTS An A/B trust plan is a plan to use the full combined amount of your and your spouse’s estate tax exemption. This pays for itself when you and your spouse together expect to have a little under $2.3M in assets, and rapidly becomes a better investment as your assets increase beyond that point. …
Chief Judge Andrus of the King County Superior Court ruled yesterday that the method chosen to enforce Seattle’s ban on food waste and compostable paper is unconstitutional. Although this protects Seattle residents from warrantless searches of their garbage by sanitation workers, it is important to note that the underlying law requiring separation of waste is …
You may wonder when you really need the protection of an estate plan. While there are a lot of things that can trigger the need for one (even if your estate is smaller), one important trigger occurs when you and your spouse have a little over a million dollars of assets–including equity in your home. …
Sometimes you’re not sure where the edge of your property is. Maybe there’s an improvement that stretches across both of your properties, or there’s a hedge and a wall but they’re offset, or there’s a garden you’ve been using for ten years and thought was part of your property but now your neighbor is saying …