Wills and estate plans exist to direct the division of someone's assets after they die. While planning ahead is great, it is also good practice to update your will or estate plan every few years or whenever you experience a significant life event. Here are a few...
Trusted Counsel From A Tax Strategist Who Grew Up In Gig Harbor
Gig Harbor Estate Planning And Probate Law Blog
Causes for being audited
Nobody wants to get audited. It is a frustrating process that drains time and requires effort. Worse, you are vulnerable to fines. If a criminal violation is discoverable, you may even wind up spending time behind bars. Over the past decade, the IRS has decreased the...
3 types of neighbor disputes that could require legal assistance
Disputes between neighbors are tricky. There simply is no avoiding the other party. Since your relationship with the owners of the properties adjacent to yours carries on, it is wise to resolve issues diplomatically. Hiring an attorney to help you navigate this...
Your role as executor will likely require asking for help
How much do you know about your upcoming role as executor? If you do not have experience with the administration of an estate, you may feel overwhelmed. Fortunately, there are steps to take that will keep your tasks as executor running smoothly. One of those is...
Creating a fair estate plan for your blended family
Second marriages bring years of experience to a new relationship. Along with this, there are often children that become siblings in a new blended home. How can you ensure your estate plan covers them all fairly? Keeping the blended family in mind may force you to take...
What are some differences between wills and trusts?
Creating a comprehensive estate plan is one of the easier things to put off, especially if you are young and healthy. In fact, as many as 68% of Americans have either decided not to write a will or simply have not gotten around to it. Still, as the adage goes, there...
Avoid common mistakes in estate planning
Ideally, your property and possessions get distributed among your beneficiaries according to your wishes when you pass away. For this to happen smoothly, a solid estate plan should be in place. Even when people try to plan ahead, mistakes often lead to headaches for...
Would establishing a family foundation help further your goals?
Private family foundations are not reserved for billionaires, although we most often hear about them in connection with famous people. You and various members of your family may be considering establishing this kind of foundation in order to further certain goals that...
What are the advantages of hiring a property management company to take care of your rental property?
Some people may associate property management companies with only large condominiums or apartment buildings. However, rental property owners with just a few rental or vacation units may benefit from working with a property management company. Establishing a...
Prepare your neighbors before renting out your home
If you are considering renting out your home as a short-term rental property, it is a good idea to give your neighbors warning of what will happen. While you do not need their permission, it is a courtesy to advise them of the situation. This gives you both an...