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James A. Jones, Attorney At Law
Plan Today, Peace of Mind Tomorrow

January 2019 Archives

Strategies for an estate planning conversation with your parents

We know that it is not easy to have the conversation with your parents about estate planning. It is not hard to figure out because so many people are not having the conversation. However, for those who are able to sit down and have this very important conversation with their parents can find tremendous benefit.

How probate court could affect heirs

It's a common belief that going to probate court can be a major difficulty for heirs in Washington. However, this may not always be the case. By planning ahead, an estate plan can make the probate process as easy as possible for everyone involved. The first step is to make sure the benefactor has a will. In the will, an executor who is in charge of distributing assets to the heirs can be named. This means the court will not need to name an executor.

Estate planning encompasses more than the transfer of assets

Writing a will or thinking about what happens during a serious medical crisis are easy things for people in Washington to put off. People typically find these uncomfortable topics difficult to raise with their loved ones, but failing to put wishes into writing could inflict turmoil and financial burdens on close relatives when someone dies intestate or suffers an event that leads to incapacity. Although expressing final wishes about the distribution of an estate remains important, everyone regardless of age or wealth could benefit from preparing a durable power of attorney.

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