Why You Need to Review Your Estate Plan

Why You Need to Review Your Estate Plan

You've signed your estate planning documents - awesome work! But you're not done. Your plan is only good if it continues to accurately reflect what is going on in your life. Spoiler alert - we think you should look at your plan every 3-5 years. We have a nifty new program for our estate planning clients called The Bridge Club, which is kind of like a "club" that provides free smaller changes, discounts on bigger changes, and a five-year check-in on your plan to make sure it still reflects what you want. Check out more details at www.thenarrowslawgroup.com/the-bridge-club.

Why You Need To Worry About the Estate Tax

Did you know that Washington is one of only twelve states that has an inheritance/estate/death tax? Liiiike . . . a tax that applies to your estate after you have died? Did you also know that the federal government also has an estate tax? So - there are two for us Washingtonians! Hot tip - the WA estate tax is one of the most aggressive in the country. Join us while we chat about the estate tax and why you should be worried. Another hot tip - life insurance proceeds are taxable and OFTEN tip someone's estate into the estate tax world!

Why You Need a Transfer on Death Deed

Did you know you can add a beneficiary to your house? It's pretty cool but can be a real mess if you don't do it right. But Mom seems to be remembering a few more things about estate planning this year, which is pretty exciting for us!

Why You Need a Living Trust

Truthfully, not everyone needs a Living Trust, but they're pretty cool when they work the right way. In this episode, we talk living trusts, remind Mom that she has one (she'll forget again), and why you might want one. Hint: it's not only for the 1%!

Why You Have to Talk About Your Business Interests With Your Lawyer

Learn a little about our entrepreneurial family and how we know the importance of succession/estate planning for your business. The biggest problem we see with closely-held businesses is that they don't have an agreement in place, which outlines what happens when one of the owners dies (among many other things). It's so important and deserves consideration during your planning meeting with your attorney.