Probate Attorney Blog

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

Estate Planning Attorney Milestone: Two Million Net Worth

| | Estate Planning
Who cares about the two million net worth? If you live in Washington State, you do. Once you get over 2 million dollars in assets everything is taxed at 19%. Think that’s a long way away for you and your family? Guess again. Here’s how easy it is to get to two million in assets. Let’s say you have a house. It’s appreciating like crazy. You bought it for $500,000 and Zillow says you’re at $850,000 now. Cha-Ching: we’re at…
watch now

#RichLifeLawyer Show 006: Pay Debt or Save? Which Should You do First?

| | Estate Planning
Today we’re going to answer that universal question: pay debt or save? You’ve finally gotten that job that gives you a little extra money left over after taking care of your bills, food, etc., and you are thinking about what to do with it. You’ve got some outstanding credit card bills but you also know the sooner you start saving the more money (exponentially more money) you can make. If you don’t know what to do, the estate planning attorneys…
watch now

Want Your Loved Ones to Squander Their Inheritance? Do This.

| | Estate Planning
When you think of think of what life will be like for your family when you are gone, what do you picture? Do you imagine a fulfilling life of success? Do you imagine your family taking the wealth you leave them and combining that with the lessons you’ve taught them to continue a great family legacy? Do you imagine happiness, wealth, and great relationships? Do you imagine your family squandering everything you’ve given them and actually ending up worse off…
watch now

What is Probate?

| | Estate Planning
If you’ve ever heard or any famous people dying in the news or have had a loved one close to you pass away you probably heard the term “probate” dished around a lot. Probate is the court-supervised legal procedure that: Determines the validity of your will; Gathers and distributes your assets; and Provides a process for paying creditors and putting a time limit on claims against your estate. Sounds pretty good right? Pretty easy? Well, it can be a pain…
watch now

#RichLifeLawyer Show 005: Three Ways to Keep From Losing Your Home

| | Estate Planning
We all want to protect our families, and one of the most fundamental ways we do that is putting a roof over their heads. There is nothing that makes us feel safer than having a home to go to. But, if tragedy strikes, your home can be one of the first things to be taken away from you. In this episode I talk about three ways to keep from losing your home. Three Ways to Keep From Losing Your Home…
watch now

Will Creation Minimum Net Worth?

| | Estate Planning
Most people know they need to have a will at some point, but when? Is there a certain amount of money you should have to your name (net worth) before you have a will made? Is it a waste of money to have a will made if you don’t own many valuable things? If You Have Anything of Value You Should Have a Will Okay, I must admit, that’s not completely true. What the headline should say is “if you…
watch now

How Can I Protect My Passwords and Give Access if Something Happens to Me?

| | Estate Planning
One of the things we don’t often think about but that is critical to our existence is our online presence. It’s not just the bank account login that you have. Think about your electronic life. Facebook. Instagram. LinkedIn. Email. Snapchat. Your iPhone. Your computer. Paypal. Amazon. Retirement account. Basically anything that has a password is subject to being cut off if you are injured or die. That may not sound like such a big deal, but if your significant other…
watch now