Call for an Appointment
Free initial consultation
(425) 967-7287
  • Exceptional estate planning solutions for individuals, families, professionals and
    small business owners

Latest Blog Posts

Should I Put My Life Insurance Policies In My Living Trust?

Posted on: April 10th, 2015
Generally speaking, all titles and beneficiary designations should be changed to your living trust. But there are some exceptions, including IRAs and retirement plan benefits, and your attorney will be able to advise you about them. Regarding life insurance policies, it will depend mostly on the size of your estate—and if it will be subject to estate taxes after you die....

Understanding Who Should Be Beneficiary of Your IRA

Posted on: April 10th, 2015
How would you like to turn your modest tax-deferred account into millions for your family? Depending on whom you name as beneficiary, you can keep this money growing tax-deferred for not only your and your spouse’s lifetimes, but also for your children’s or grandchildren’s lifetimes. That can turn even a modest inheritance into millions....

Inherited Retirement Accounts: 5 Things You Need to Know

Posted on: April 10th, 2015
Almost everyone has some kind of retirement account—whether a 401(k), IRA or pension—so proper estate planning for these funds is essential. From tax treatment to beneficiary designations, Matthew T. McClintock, J.D., VP of Education with WealthCounsel, answers your questions....

Inherited IRAs No Longer Protected From Creditors

Posted on: April 10th, 2015
In a major decision, the Supreme Court ruled this past June that inherited IRAs are not considered protected retirement funds—and are thus subject to creditors’ claims if the beneficiary files for bankruptcy. ...

The Importance of Succession Planning

Posted on: April 10th, 2015
Many people think the purpose of estate planning is to make sure your assets and belongings will go to the people and organizations you want to have them after you die, with as little delay and costs (fees and taxes) as possible. And that is a correct purpose. But good estate planning goes beyond this—it plans for someone to take your place (a successor) when you are no longer able to perform your responsibilities due to death or incapacity....

Three Estate Planning Items Everyone Needs

Posted on: April 10th, 2015
Many people mistakenly believe that estate planning is only necessary for the wealthy. In reality, a basic estate plan is essential for everyone, regardless of income or net worth, because we all want to minimize confusion, unnecessary costs, and stress for loved ones after a death....
Posts: 1 2 3 4 5 6 7 All

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

Search website   
Copyright © 2015 Sound Estate Planning, PLLC. All rights reserved.