Coming into your inheritance in Washington may seem like the answer to your prayer. This is the event that you may have been looking forward to for years. It can be the time at which you can finally gain your financial independence. But it can also be the time during...
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Estate Administration & Probate
What are the grounds for contesting a will in Washington?
When someone dies in Washington, their estate administrator distributes their assets among their heirs according to the terms laid down in their will. However, if there are any issues regarding their last will and testament, the court will halt the asset division...
Pros and cons of using corporate fiduciary in Washington
When it comes to making important decisions for your business in Washington, you want to be sure that you're doing everything possible to protect yourself and your interests. That's why so many business owners turn to corporate fiduciary services for help. Before you...
Filing a decedent’s final tax return
Many executors and beneficiaries become confused about their complete list of duties after a testator dies. They often do not understand the taxes they must pay and the tax returns they have to file. Filing documents to various people and organizations is a major part...
Facts about probate in Washington
When someone dies, their estate must go through a legal process called probate in order to get distributed to their heirs. This process can be easy or difficult depending on the size and complexity of the estate. What is probate? Probate is a legal process that...
Filing final tax return as executor in Washington State
When someone dies, their affairs must be wrapped up and their final tax return filed. This can be a daunting task for executors, who are often grieving the loss of their loved one at the same time. However, with some organization and planning, you can do it relatively...
Filing final income taxes is part of an executor’s role
Your loved one has passed away in Washington State, maybe after a long illness. As the executor of the estate, you've started gathering all the necessary papers and begun notifying the heirs. Yet, you have one more task to do. You must file a final tax return for the...
Why you should consider having an estate account
Estate accounts are temporary instruments that hold estate money. In Washington, these are typically checking accounts, but can also be a savings or money market account. Once set up, executors can make payments, deposit incoming monies, make transfers, manage stock...
The duties of an executor
If you have been named the executor of someone's will in Washington, you can benefit from learning more about the duties of an executor. This person has the legal responsibility of sorting out any outstanding financial obligations and ensuring that the remaining...