Wills & Probate
Preparing for the Future
Unfortunately, many people put off estate planning. They may not want to think about the possibility of their own deaths. They may think that they do not need an estate plan if they are not “rich”, or they may believe that the court will properly and effectively distribute their assets pursuant to Washington law. However, estate planning is beneficial for everyone and you should prepare for the future and protect your assets and loved ones by contacting Bennett Moran & Gianneschi.
Estate planning is not just providing a road map to your loved ones after your death. It also addresses issues during your lifetime, such as financial and healthcare decisions in the event of your disability, as well as end of life decisions.
After You’re Gone
Probate is the legal process where the court assigns someone to administer and distribute assets remaining after a person’s death. Some estates, particularly those of high value or those having complex assets like family businesses or retirement accounts that need to be distributed, will probably be more difficult to handle. However, unlike many states, Washington has a very simplified probate law.
In most cases, probate is not the horrible process many people have been led to believe. Here at Bennett Moran & Gianneschi, we do everything we can to keep your heirs informed and strive to make the process as easy and inexpensive as possible.
Many people ask “do all estates have to go through probate?” the answer is no. There are many scenarios that allow your property to pass to your heirs without going through the probate process. These include community property agreements, small estate affidavits, transfer on death (TOD) accounts or joint accounts, payable on death (POD) accounts, revocable living trusts, family settlement agreements, and joint ownership of property.
Are you ready to achieve the peace of mind of knowing that your affairs are in order? If so, contact Bennett Moran & Gianneschi and we will draft a legally sound plan that fits your family’s needs.
- Community Property Agreements
- Living Wills (Health Care Directive)
- Living Trusts
- Powers of Attorney
- Probates & Probate Alternatives