A revocable living trust ("RLT") is one of the most common estate planning devices nationwide, and touted most often as a way to avoid probate. Saul Tilden provides background on RLTs and the Washington probate process and also highlights some important considerations involved in Washington-resident estate planning.
Stokes Law Briefs
In an estate context, the financial issues associated with an art collection, however big or small, may quickly become paramount. Alison Warden explains the steps to follow to ensure your art is well treated and passes in the manner you wish.
The gift of higher education is one of the most satisfying contributions that a person can provide to a loved one. Alison Warden explains the things to keep in mind when planning such a gift.
A new federal law has changed the way that the IRS audits and collects underpayment of tax (and interest and penalties) from partnerships. Ellen Jackson and Katie Groblewski explain the changes and steps partners should take to comply.
The new tax reform law, commonly called the "Tax Cuts and Jobs Act" (TCJA), is the biggest federal tax law overhaul in 31 years, and it has both good and bad news for taxpayers.
Washington's new trust decanting law grants trustees decanting powers over irrevocable trusts. Jenna Ichikawa explains what this means for irrevocable trusts in which the trustee has discretionary power to make distributions of principal.