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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...
If you are 65 years of age or older in Washington, you may qualify for Medicaid, which is a long-term care program that covers medical bills, nursing home, or assisted living facility fees. Eligibility depends on the amount of money or assets you have. If you have...
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...
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...
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...
Estate planning in Washington isn’t quite complete without considering creating a trust. Your living or testimonial will is an estate tool that manages your public assets. However, you get to decide what’s public and what remains private. Having both a public and...
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