In the realm of estate planning, there are two primary vehicles to ensure your assets get to your heirs: the Last Will and Testament and the Revocable Living Trust. While both serve a similar purpose of distributing assets upon your passing, they
Read More
Most couples mistakenly believe that their family home, held jointly with their spouse, automatically transfers to the surviving spouse.They are wrong.Although the home is titled as “married couple” or designated “community property,” title doesn’t automatically transfer to the survivor at death. By law,
Read More
At The Harbor Law Group, we are adamant about helping every single one of our clients (and, let’s be frank, everyone we know . . . or meet) get their estate properly prepared. Whether that is by drafting a full plan or
Read More
Unless you’ve been living under a rock, you have probably heard about the “Great Pandemic of 2020.” Given the sudden risk of incapacity, serious illness, and death due to the COVID-19 virus, clients are quite literally flocking to our (virtual) doors for
Read More
You’ve probably heard about a “living trust” or a “revocable trust” before but may not know what exactly it is. The concept is not one used in everyday life, but it is much simpler than you might think. A living trust is
Read More
Let’s start with the basics – Washington State has an estate tax. As you splutter out that sip of coffee, prepare yourself for another truth – that tax floor starts at just $2.193 Million. After working a lifetime to build what you
Read More
At-will employment is a legal fact of life in numerous states, including California and Washington, where I am licensed. Understanding this concept can help business owners maintain compliance with these laws and avoid costly legal battles. The legal requirements behind this concept
Read More
Are you considering forming a limited liability company (LLC) in Washington state? If so, there are several requirements to do so. However, one of the first and most important things you need to understand is – what are the articles of incorporation
Read More
We’ve all heard the phrase “you can’t take it with you”. But that begs the question…what do you do with your stuff when you pass away!? Do you leave it all to your spouse? Your kids? Give some assets to a special
Read More
If you are reading this article, you probably know that you need a power of attorney. But you also may be wondering – what the heck IS a power of attorney document? This super important document is simply an estate planning tool
Read More