Living Will & Trust Attorneys in Kirkland

Creating a will or trust for your children in Kirkland or other loved ones is a complex but essential task. These documents need expert legal counsel to be valid and well-crafted. At Northwest Strategy & Planning PLLC, we have experienced attorneys to assist you with these complex matters. Our lawyers will work with you to ensure your wishes are clearly outlined and that the document adheres to state laws to be legally binding.

Living Will: What Does It Entail?

A Living Will, known as an advance directive or health care directive, is a document that outlines the type of medical care you want to receive if you become unable to make decisions for yourself. Living Wills allow individuals to specify how they wish their medical treatments and end-of-life decisions to be managed if they can no longer communicate their wishes.

Trust: What Are They?

A trust is an arrangement that lets a third party, or trustee, hold assets on behalf of a beneficiary. Trusts can be used for estate planning, asset protection, and tax reduction. They also provide the opportunity to make sure that specific instructions are followed regarding how assets will be distributed after death.

How Is Estate Planning Done: 5 Elements

Parents, guardians, and individuals of all ages should be prepared to make estate plans before death. Everyone must take the time to determine how they want their assets distributed upon their passing. Estate planning involves five elements:

Will

A will outlines precisely how an individual's assets should be distributed after they pass away. It is a legally binding paper that can be used to ensure assets are distributed based on the deceased's wishes.

Trust

A trust is a legal entity created to hold and manage assets on behalf of someone else, usually for their benefit. A trust can help reduce taxes, protect family members from creditors, and ensure assets are distributed according to the deceased's wishes.

Power of Attorney

A power of attorney is a document granting someone else the legal authority to make decisions for an individual if they become incapacitated or unable to do so themselves. This can be especially important if an individual's wishes can only be fulfilled with their direct involvement.

Health Care Directives

A health care directive outlines an individual's wishes regarding medical decisions if they cannot make them due to illness or injury. It can include a living will, which outlines specific treatments an individual may or may not want, or a health care proxy, which allows someone to make medical decisions on behalf of the individual.

Guardianship Details

Minors must have a guardian designated if their parents or guardians are no longer alive. This can be difficult, so it’s essential to consider who would be the best person to care for the children if an individual can no longer do so.

Why Should You Choose Us for Strategic Planning?

At Northwest Strategy and Planning, we understand that the successful execution of business strategies is an essential part of success. Our experienced team of strategic planners will help you develop a comprehensive planning process tailored to achieve the desired results.

Will and trust administration are essential in estate planning and should not be taken lightly. It requires a thorough understanding of the assets and laws and regulations governing them. Our Northwest Strategy & Planning PLLC team in Kirkland has extensive experience in this area.

We strive to provide our clients exceptional service throughout their will and trust administration journey.

Get Started Now

We accept clients on a rolling basis to avoid unnecessary delays. We conduct intakes by phone, client meeting over zoom and meet in-person to sign and notarize the final product of our work.