Strategies to Avoid Probate
Few words evoke such strong negative imagery as the term “probate.” For most people, they are not sure exactly what probate entails, but they know they want to avoid it…
Estate Planning Strategy: The Irrevocable Life Insurance Trust for Business Owners
Business owners are particularly sensitive to cash flow and liquidity needs. This can be especially true of the business owner’s estate after death. The estate needs cash to continue business…
Cohabitants Can Acquire Property Rights as if They Were Married
Popular culture instills in us Washingtonians the concept of “common law marriage.” The concept goes something like this: if a man and a woman live together for more than seven…
Distinguishing the Revocable Living Trust from the Will-Based Estate Plan
You’ve likely heard finance experts say it. In fact, Suze Orman wrote about it in the July issue of the Costco Connection (2015). It is this piece of estate planning…
Consider a Paid Executor for your Estate Plan
I get this question a lot: “Beau, what’s the single most important thing I can do in my estate plan to ensure that my plan is carried out with the…
Charitable Giving Options
As this issue is devoted, in part, to the issue of philanthropy, I thought it prudent to review some basic charitable gifting techniques and how those techniques can be employed…
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