Estate Planning Basics

Is There A Difference Between A Beneficiary And An Heir?

October 10, 2014

The words “Beneficiary” and “Heir” are often used interchangeably, but each word has a very specific legal definition. A beneficiary is someone who benefits from the transfer of property, such as by a Will or a Trust. A beneficiary can even be the person who transfers the property. For example, in the case of a […]

Read the full article →

What Are You Waiting For?
The Blessing of Planning Ahead

September 26, 2014

Most of my clients are healthy when they contact me. Estate planning is something in which they are engaging as a precautionary measure rather than because they expect to die within a short amount of time. But not always. Occasionally, clients contact me after they’ve been diagnosed with a serious illness when emotions are high […]

Read the full article →

Tips for Designating IRA Beneficiaries

September 19, 2014

Wendy S. Goffe wrote a great guest article on Forbes.com last week that offered tips to avoid problems that can result from incomplete or inaccurate IRA beneficiary designations. Below are her recommendations Name a primary beneficiary (or beneficiaries). Name an alternate beneficiary in case the first one dies before you. Don’t name your estate as […]

Read the full article →

How Can I Protect an Inherited IRA from Creditors?

July 21, 2014

If you’re like most Americans, one of your largest assets is your Individual Retirement Account (“IRA”). Your IRA is considered a “retirement fund” and the money it contains is  protected from creditors who seek to recover debts in bankruptcy. An owner of an IRA can pass it down to a beneficiary when he or she dies […]

Read the full article →

The Importance of Estate Planning in Non-Traditional Families

April 16, 2014

I got a heartbreaking call this week from a woman whose fiancé had recently died. They had been a couple for many years, and were the parents of an infant son, but they had never gotten around to getting married. Her fiancé had a well-paying job with benefits, and was the sole income earner in […]

Read the full article →

FAQs About The Rights of
Same-Sex Couples After DOMA Ruling

July 10, 2013

Seattle estate planning attorney,Wendy S. Goffe, a wrote an exellent and informative guest post for Forbes answering some frequently asked questions regarding the rights of same-sex couples after the DOMA ruling. You can read: After The DOMA Ruling, FAQs About The Rights Of Same-Sex Couples, by clicking on the link.

Read the full article →

Read about Rania's law firm in...