What does “community property” mean?
Washington is a community property state, but what does that mean? In Washington, the property owned by a person who is married (I’m using marriage and spouse in this post, but the same rules apply to a couple in a state registered domestic partnership) falls into...
Did you know that you can establish a trust for your pet?
When you die, what will happen to your pet? Hopefully you’ve picked out someone to take care of your pet, but how do you know that that person will actually care for your pet the way you want? Another thing to consider is that caring for a pet can be expensive. ...
Making a gift to a minor? The Uniform Transfers to Minors Act may be the way to go.
Did you know that you can make a gift of property to a minor without needing to set up a trust? While trusts are a great way to hold property for a minor, there are situations where a trust may be a bit of overkill, or sometimes a gift or bequest is made before a...
What happens if you leave your IRA to your children “per stirpes?”
When you name your children as the beneficiaries of your retirement account or life insurance policy, do you know what happens if one of them dies before you? You very likely named your spouses as the beneficiary of your life insurance policies and retirement...About Talis Law PLLC
Stephen King practices law in Bellevue, WA. He writes short articles about estate planning to be informative and empowering.