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5 Things Every Mother Needs to Know About Wills

Posted on: December 5th, 2016
As a mother, you naturally want to ensure your child’s future in every way. For many new mothers, infancy is a time for celebrating new life, and making a Will is the last thing on their minds. For others, the process of bringing new life into the world sparks intense feelings of wanting control and needing organization. Regardless of where you fall on that spectrum, you might be struggling to figure out what steps you need to take to protect your children’s future should the unthinkable happen. Here are five key things you should know about Wills. ...

Is Disability Insurance Worth It?

Posted on: April 10th, 2015
From homes to body parts, Americans protect a variety of assets through insurance policies. When purchasing insurance policies, however, many Americans forget to insure their most important asset, the ability to work. Through disability insurance, a person can insure his or her paycheck. ...

Advance Directives/Living Wills are a Critical Component of Estate Planning

Posted on: April 10th, 2015
March 31, 2012 marked the seventh anniversary of the death of Terri Schiavo, the 41-year-old who succumbed after her feeding tube was removed as part of a very public legal battle between her husband and parents. As you may recall, Terri Schiavo was in a coma for nearly 15 years after she suffered cardiac arrest and sustained a brain injury. Her husband, Michael Schiavo, alleged that his wife would not want to live in her incapacitated state; she had no written instructions in place....

Estate Planning With Dementia on the Rise

Posted on: April 10th, 2015
Dementia is a syndrome that causes deterioration of cognitive function. As the baby boomer generation continues to age, so does the number of people who are affected by dementia. Perhaps more alarming, dementia is more commonly being diagnosed among individuals in their 50s. Although you may never have to deal with the challenges that a diagnosis of dementia can bring, it is still vital that you complete your estate plan early, while you have the mental capacity legally required to make estate planning decisions....

Estate Planning is a Woman’s Issue, Part Two: Married, Single and Charitably Inclined

Posted on: April 10th, 2015
Estate Planning is a Woman’s Issue, Part Two: Married, Single and Charitably Inclined Women have special estate-planning needs. In Part One we explained that, because women typically live longer than men, they need to plan for the possibility of incapacity in their later years. We also discussed that women as caregivers need to plan for the continued care of those who may be dependent upon them....

Estate Planning is a Woman’s Issue, Part One: Incapacity and the Caregiver

Posted on: April 10th, 2015
All women—regardless of marital status and career choices—need to understand estate planning and need to have a plan of their own in place. Here are some issues that are of special interest to women. Incapacity: Generally speaking, women live longer than men. As a result, there is an increased need to plan for physical and/or mental incapacity that can occur in later years....
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Leonard A. Hagen, J.D., LL.M.
Sound Estate Planning, PLLC
152 3rd Ave. South, Ste. 107
Edmonds, WA 98020
Phone: (425) 967-7287
len@soundestateplanning.com

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