Washington estate planning lawyer John Hugg uses the Washington Estate Planning Law Blog to provide insight and commentary on estate planning & probate matters in the Evergreen State.
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Washington State recently revised portions of its trust and estate statutes. The new law makes explicit a trustee’s duty to provide notices to certain parties. Those parties, normally current and remainder beneficiaries of the trust, must be notified of the following: the existence of the...
We’ll be talking trusts and what you can do with them on Tuesday’s edition of Brashenomics. Tune in to KKNW AM 1150 at 4:00 on March 20, 2012 for more.
On Monday, February 20, I will be answering questions about estate planning issues on Brashenomics, a local talk radio program on KKNW A.M. 1150. The show is scheduled to air at 3:00 p.m. The following day, I am scheduled to give a seminar on Advance Directives and End-of-Life issues at Brittany...
Effective January 1, 2012, a number of changes to Washington law pertaining to trusts and estates will become effective. One of these changes is the codification of a trustee’s duty to notify the beneficiaries of the existence of a trust and keep those beneficiaries informed regarding the...
On Wednesday, December 14, 2011, at 10:00 a.m., I will be conducting a seminar on Advance Directives at the Mill Creek Senior Center in Mill Creek, Washington. The class focuses on all aspects of Powers of Attorney, Living Wills and the POLST form. The program is sponsored by Evergreen...
A number of my clients leave different amounts to children via their Wills. In my experience, this occurs most often after parents give one of their children money to help out while they are alive, but not all children. The thought behind giving more through a Will is to give the child who did...
For many people, making large gifts to children and grandchildren may not be the wisest action to take. For example, if you are a married couple aged 70 with a nicely sized combined estate, gifting may ultimately do more harm than good. Remember that if you are now on a fixed income, inflation...
If you are planning to pass your business to your children here are some tips and options you may want to consider: Carefully evaluate the interest and desire of the next generation to work in the business. If a child lacks the necessary interest and desire he or she will certainly fail to...
Once again the City of Bothell, the Bothell Chamber and a variety of local businesses look forward to honoring our greatest generation. On Tuesday, September 13, 2011, come take a stroll down Main Street, visit the shops, the restaurants and celebrate our seniors. Enjoy free give-a-ways, food,...
This Wednesday, August 3, 2011, I will be conducting another “Are Your Affairs In Order?” class at the Maltby Church in Snohomish, Washington. The class focuses on all aspects of Wills, Trusts, Powers of Attorney and Living Wills. The program is sponsored by Evergreen Healthcare.