Probate Attorney Blog

Everything you need to know about probate, including how to get letters, if you need probate, and more.

Do It Yourself Will from a Kirkland Estate Planning Lawyer

| | Estate Planning
A couple of days ago I talked about what a trust is. Here’s the deal – don’t try to do a trust on your own. You are going to mess it up. But, maybe you can do a will on your own. And I’m a kirkland estate planning lawyer, so you know I know what I’m talking about. Let’s explore that… What is a Will? Before you run off making your own will, you should probably understand exactly what it…
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Net Worth and Estate Planning – What You Need to Know

| | Estate Planning
Here at Rich Life Lawyer we aren’t all about giving away your money when you die. We want you to build it up and spend a little of it on yourself while you’re here. Before you can do either of those things you need to have a baseline. You need to know where you stand right now. You need to know your net worth. Calculating your net worth actually isn’t that tough. You just have to compile some information about…
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#RichLifeLawyer Show 008: How to Manage Your Estate Planning Attorney

| | Estate Planning
Managing your estate planning attorney is all about two things. First, it’s about picking the right estate planning attorney for you. Second, it’s about understanding what your estate planning attorney’s job really is (it’s not to specifically help you avoid taxes). Curious about what to do about these two things? Then watch the video… Question of the day: what is the best experience you’ve ever had like with a service? That can be an attorney, it could be like restaurant,…
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What is a Trust? A Kirkland Estate Planning Lawyer Explains.

| | Estate Planning
If you have been thinking about doing some estate planning you have probably come across the trust. If you are here, then you probably aren’t sure exactly what it is. That’s okay. I’m here to help you out. The Easy Explanation as Told by a Kirkland Estate Planning Lawyer I recently watched “The Big Short,” a movie about the financial industry and how some scheming financial brokers almost destroyed the world financial markets via housing bonds. What was cool about…
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What is an Irrevocable Life Insurance Trust (ILIT)? Kirkland Estate Planning Attorney Knowledge

| | Estate Planning
Yes, this is another one of those informational posts. Today we’re talking about the irrevocable life insurance trust. Here’s the way I see these posts. Have you ever played a sport? Ever played an instrument? Ever really learned a subject really in depth? If you said yes to any of those things, than you’ll get why I’m doing these posts. You Have to Walk Before You can Run Estate planning shouldn’t be something you don’t understand. In fact, it doesn’t…
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#RichLifeLawyer Show 007: Your Five Person Advisory Council (Estate Planning Lawyer Edition)

| | Estate Planning
Have you ever seen the movie Entourage? The gist of the movie is this: the lead actor is an up and coming movie star and he’s got four buddies that are helping him get there, an advisory council. One buddy is his manager. Another is in charge of public relations. Another is in charge of his confidence. And another is there for unshakable moral support. Throughout the movie you can see that it’s his team that helps him keep everything…
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10 Steps of the Washington State Probate Process

| | Estate Planning
Note the “Washington State” in the title. Although this process is likely very similar in other states, each state has its own rules. Make sure you know the rules in your state before you get started. Either via some tragedy or the normal course of life, you are here right now because you are dealing with someone you know going through the probate process. I often find when it comes to the things I don’t know a lot about, that…
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