Estate Planning

If you don’t know where you are going you might wind up someplace else.
– Yogi Berra

ESTATE PLANNING IN EDMONDS, WASHINGTON

We’re constantly being told that we should have saved millions of dollars for retirement, otherwise our old age will be lived in poverty and we’ll be a burden to society and our loved ones. However, consider that when we were young a decent house cost $12,000, a car cost $2,000 and a good salary was $5,000 a year. How could we have possibly known that nursing home care can now cost upwards of $12,000 a month? How could we plan for that?

The three legs of the stool of financial independence – savings, Social Security and pensions – are being sawed off, especially pensions.

The cornerstone of a happy and successful retirement is a comprehensive estate plan.  Estate plans are not only for the wealthy.  Most of our clients are members of the great middle class; those of us who have done all the right things.  We’ve had careers, bought our homes, raised our families, and paid our fair share of taxes.  Many of us have served our country in military service.

Now it’s time to enjoy the fruits of our efforts, without undue concern over becoming impoverished in our senior years or becoming a burden.

Our estate plans are specifically designed to protect you and your family should the need arise for long term care.  The cost of long term care, which can run between $6,000 and $13,000 per month, is probably the biggest threat to a secure retirement.

We can show you how a comprehensive estate plan can bring surprising benefits. These benefits include saving tens of thousands of dollars, unifying families, leaving a legacy and providing for a comfortable old age.

Accordingly, we offer the full range of estate planning and probate representation, including:

  • Durable Financial Powers of Attorney
  • Durable Healthcare Powers of Attorney
  • Medicaid Planning
  • Long-Term Healthcare Options and Planning
  • Revocable and Irrevocable Trusts
  • Trusts & Wills
  • Distribution of Real Property
  • Medicaid Applications
  • Probate Administration
  • Medicaid Estate Recovery