Probate and Estate Planning
April 12th, 2022

In honor of the close of Women’s History month, it seemed a good time to share a quick primer on the origins of community property law in Washington State and its connection to women in Washington. What is community property? Community property is property owned by both spouses equally. Separate property is property owned only…

December 30th, 2021

Whether putting together your will for the first time or reviewing your existing estate planning documents, it’s important to keep this estate planning concept in mind: minors can’t receive property outright like an adult can. Someone must hold a minor’s inheritance for them at least until they reach the age of 18. If you have…

February 26th, 2021

Executor. Trustee. Power of Attorney. Most of my clients have encountered these common estate planning terms before, but often they aren’t quite clear on the differences between them. It’s helpful to think of each term as a job title. Each “job” is similar in that all involve acting as a fiduciary (that is, being legally…

September 25th, 2020

I frequently find that my estate planning clients come into our initial meeting with a decent understanding that end-of-life care directions are an important part of a complete estate plan, but that they often have a confused sense of how end-of-life care directions are actually documented. This is understandable as the central document for end-of-life…

May 29th, 2020

A surprising number of people, being understandably (and blissfully) unstudied in Washington’s probate laws, carry in their heads the vague notion that one of the risks of dying without a proper will is that the State then gets to gleefully step in and inherit one’s unprovided for property. Like many common misconceptions, there is a…

August 27th, 2019

When applying for Medicaid for yourself or on behalf of your spouse, it can be easy to forget that life insurance is an important asset that can impact financial eligibility. Generally speaking, term life insurance is an exempt resource and doesn’t count toward the Medicaid resource limits (the $2,000 resource limit for the applicant and,…

August 19th, 2019

Michael Kleps practices in the areas of Wills, Trusts, Estates and Elder Law. He is back full time at Carmichael Clark, P.S. after a nine month sailing adventure on the east coast US, Bahamas and Cuba. His family found living and traveling on a 30’ sailboat to have quite a learning curve between keeping an…

March 15th, 2019

When a single individual purchases real estate in “fee simple,” which is outright ownership of the land, they hold a 100% interest in the property. When more than one person owns property together, a “tenancy” situation is created. “Tenancy” here does not mean how it is most commonly used today; no one is renting property…

June 16th, 2014

A trust is a separate legal entity for holding and investing property. One or more persons holds property, usually real estate or investments, for the benefit of another or several other people.

May 19th, 2014

A review of the top six ways claims can be barred and often are barred during Estate or Trust Administration.

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