Daggy & Anagnostou, PS

Daggy & Anagnostou, PS Get the results you deserve with law attorneys Daggy & Anagnostou in Longview, WA

01/03/2019

Experts say one of the biggest mistakes people make with estate planning is that they wait too long. You may never have a serious illness or injury until very late in your life; however, if that’s not the case then having a plan in place at a relatively early age is a great idea.

01/01/2019

Why would you need an estate plan? An estate plan will specify how your estate will be managed in the event you become disabled or in the event of your death. It will help you manage your assets, which includes your home, your investments, your business, your life insurance, and your employee benefits.

12/27/2018

Different states have various laws that apply to situations when there is no will involved. To avoid having the state make certain presumptions about who will inherit your property, make sure your personal wishes are recorded.

12/25/2018

An estate planning attorney can help you evaluate assets and items of value that can be converted to cash or used for trade or exchange. While non-tangibles like good will can have value, the primary focus is on tangibles like cash, investments, and real estate.

12/20/2018

Are you concerned that your heirs will be burdened with hefty estate taxes because of the assets you plan to leave them in your will? Let’s talk about ways to minimize what they’ll owe.

12/18/2018

State laws rule estate plans, which is why estate lawyers are necessary. The state laws are very specific about what can and can't be in a will or trust, and who can and can't serve as a personal representative and trustee.

12/13/2018

So what exactly is a trust? This is a legal mechanism that lets you put conditions on how and when your assets will be distributed following your death. Trusts offer many benefits, as they allow you to reduce your estate and gift taxes and distribute assets to your heirs without having to go through probate.

12/11/2018

Not sure whether a trust or a will is the right estate plan for you? A trust goes into effect immediately, transferring your assets so they can be distributed when the time comes. A will specifies what you would like done with your property after death. An attorney can help you figure out which one fits your unique situation best.

12/06/2018

It’s important to keep in mind that it’s always best to establish your last will and testament while you are in good health. This can help minimize the risk of having the will contested later based on the claim that you were “not of sound mind.”

12/04/2018

Although some people are comfortable leaving their entire estate to a single person who knows their wishes for how to divide things, this can be a risk. After you're gone, there's no guarantee they'll divide your estate the way you want unless things are in writing.

11/29/2018

What is an executor? That is the person who pays your debts and taxes on your estate and collects your property and divides it among your beneficiaries – if there is a will. If you did not select an executor, the court will make that decision for you and it may not be someone you would have chosen.

11/27/2018

By updating your will and other estate planning documents regularly, you can make sure your most up-to-date wishes are followed if you die. Courts generally must follow a written will instead of statements you may have made to some relatives about the intention to change your will.

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