Mat Harrington and Jr Cuevas were co-authors of this article that appeared in the Spring 2019 edition of the WSBA's Indian Law Newsletter.
In this issue, the impacts of the Tax Cuts and Jobs Act on tax liability, how a second marriage calls for an estate plan review, using a retirement plan to benefit heirs, and considerations for Washington residents thinking of snowbirding are discussed.
This issue reviews estate planning strategies for different stages of life, basis consistency rules when inheriting property, estate tax concerns, and the downsides of a "do-it-yourself" will.
In this year-end issue of Insight on Estate Planning, you'll find an introduction to the probate process, suggestions for protecting your assets, information on long-term care planning, an explanation of how to use direct payments to avoid paying gift tax, and a breakdown of when you might need a revocable living trust.
The Tax Cuts & Jobs Act made significant changes to the deductibility of certain fines, penalties, and other amounts, including restitution payments. Claire Taylor co-authored an article outlining the changes initiated by the statute. Reprinted from the November 2018 issue of ALI CLE's The Practical Lawyer.
This issue of Insight on Estate Planning reviews the reasons everyone needs an estate plan, the tax angles of self-settled trusts, the effect securities laws can have on your estate plan, properly funding revocable living trusts, and how to create an estate plan that ensures your art will be treated according to your wishes.