Creating an estate plan or serving as a Trustee or as a Personal Representative in a probate can be overwhelming. We offer broad experience as well as personalized services to help you make sound decisions.
ADVANCED ESTATE PLANNING. Washington is currently the only state in the nation to have an estate tax and no income tax. Further, Washington has a state tax exemption that is a different amount from the federal tax exemption and currently has no gift tax. We understand this complex tax framework and routinely design sophisticated estate plans to help our clients reduce federal estate and gift taxes as well as Washington estate taxes.
SUCCESSION PLANNING FOR FAMILY OWNED BUSINESSES. When it comes to succession planning, preparation is key. Once a business becomes successful and the founders reach retirement, the company must traverse a difficult path to successfully pass on the control and ownership of the business. From outlines and checklists to complete succession plans, we help our clients transition their prosperous businesses to their families, and sometimes to their employees.
PROBATE, POST-MORTEM TAX PLANING, AND TRUST ADMINISTRATION. When a death occurs in a family, we provide compassionate and efficient service at a difficult time. We help Personal Representatives manage and protect the assets of an estate, determine the validity of creditors' claims, resolve disputes among beneficiaries, and conduct valuable after-death tax planning. We also represent Trustees of Revocable Living Trusts and Irrevocable Trusts, providing counsel and direction regarding Trustee duties, Trust taxation, and Trust distribution matters.
If you have estate planning or estate administration questions, give us a call at 253.858.5434 to set up an appointment today. We proudly represent clients throughout Washington and Idaho and are available to meet in person, by phone, or via video conference.