#RichLifeLawyer Show 019: Protect Yourself from Your Rental Property I run into people all the time who own a rental property or two. For decades we’ve all heard what a good investment real estate is. Whether or not it is may be up for debate (that is a topic for another post), but there is no doubt that there are a lot of people out there with real estate they rent our via airbnb or on a monthly or yearly…
#RichLifeLawyer Podcast 008: Humility and Great Estate Planning Attorneys Every day we are confronted with decisions. Should we do this, or should we do that? Should we call this person, or should we call that person? Without values, it can be difficult to know which direction one should go. When I started CMS Law Firm and decided we were going to be the best estate planning attorneys in Seattle, the first thing I did was think about what our core…
How Long Does it Take to Get a Will? Today’s show definitely falls into that “frequently asked questions” category so I wanted to make sure I took the time to answer it. Many people understand the usual course of putting together estate planning documents, including: Initial consultation; Information gathering; Document creation; Document review; Document editing; and Document execution (signing). And most people think this is something that’s going to take forever to put together. But not here. I’ve taken a…
#RichLifeLawyer Podcast 007: Protecting Your Kids After 18 Years Old A lot of the talk estate planning attorneys do regarding safeguarding your kids is related to guardianship. We all know it’s important to have a plan in place so if something happens to you while your kids are young, under 18, there is someone there to watch them and take care of them. But once they turn 18 another problem crops up, and it’s probably something you’ve never thought about….
Estate Planning Lawyer Definitions: A-B Trust Talk to any estate planning attorney long enough and you are sure to hear them mention the A-B trust. Today, you get to find out what that is. The A-B trust actually is two trusts instead of one, though they work together to achieve their desired result. A-B trusts can only be created by married couples, as one trust is for one spouse and the second is for the other. This trust is only…
#RichLifeLawyer Show 017: Estate Planning Lawyer Truth Exposed There is a truth about estate planning that most estate planning attorneys don’t want you to know. It’s not because they are trying to specifically hide anything from you, it’s just that their ego and self-importance won’t let them admit it. Estate planning lawyers are also deathly afraid of messing up so they do everything than can to cover their butts. Watch the video to find out what it is! Enjoy! Cheers,…
#RichLifeLawyer Podcast 006: Qualities of a Good Executor Basic estate planning requires a couple of things, and one of those things is naming an executor. Instead of letting you run around in the dark, or, maybe even worse, googleing around to find out who you should choose to be the executor of your estate, I thought I’d just give it to you straight right here. Here are the bare bones: Someone that is organized; Someone that works well under pressure;…
