While thinking about end-of-life issues can bring up a variety of feelings and anxieties, at Limitless Law PLLC, we prefer to think of estate planning as helping clients to take care of their families and property in the future through proper planning.
Unlike most of your personal belongings, your ownership interest in a small business is not easily addressed through basic estate planning, and special attention should be paid to how you would like your business handled if anything should happen to you, as the owner. If you own a sole proprietorship, your business and your personal [..]
If you’re taking over as trustee of a living trust, or you are named as trustee or executor in a will, you will have some work to do. You will begin by collecting all the relevant information, bills, and documents related to the trust or estate’s financial records, so that you can ultimately account for [..]
The COVID-19 epidemic has disrupted many of our lives, in small and large ways, and many are rethinking their estate plan. Limitless Law can help. As the weeks progress, we are facing a future that has undergone a major change from previous expectations. Updating your estate plan or getting started on your first one can [..]
Limitless Law’s Lead Attorney, Emily Rose Mowrey, recently had the opportunity to speak about Power of Attorney to Elder Service Providers, a local group of professionals working with seniors in Whatcom and Skagit counties. Emily helped clarify some common misconceptions and answer frequently asked questions about POAs. Highlights of her presentation included these Top 10 [..]
Revocable living trusts are a popular estate planning option in Washington State. Usually, establishing a revocable living trust means that your estate does not need to go through probate when you pass away. But in order to use a revocable living trust to avoid probate, you need to transfer ownership of your assets from your [..]
A good estate plan considers not only what would happen if you die but also how to protect your assets during your life. It can be confusing to figure out how to protect your savings as you prepare for the possibility of needing long-term care later in life. Here are three key things to ask [..]
Have you considered your wishes for funeral – and made them known in your will? The death of a loved one is a difficult time that often requires those who are burdened by grief to make some big decisions. Making sure you have a solid estate plan in place means being able to provide your [..]
In order to determine whether you need to utilize a trust as part of your estate plan, your attorney will also need you to answer the following questions. While a trust is a common tool in other states, Washington probate is fairly straightforward so a trust is usually not necessary unless some of the following [..]
A large part of the care and feeding of your estate plan is making sure that your will still reflects your desires for when you pass. If something changes that causes you to need to amend your will, you have two options. Your first option is you can make a completely new will. This would [..]
Congratulations, you have an estate plan! Hopefully, you feel a sense of calm and confidence that only comes with knowing that you have something in place to help your family manage your affairs in case something happens to you. Wills, Powers of Attorney, and Advance Directives (also known as Living Wills or Health Care Directives) [..]