(206) 745-2044 info@laurellaw.net

Trusts

A Trust is an agreement that empowers a manager, (called a trustee) named by you, to use the assets owned by the trust to accomplish the purposes you identify within the trust. Sometimes, a Trust can be an effective part of an estate plan, along with a Will, for the efficient administration of your assets. Crafting an appropriate Trust requires a thorough understanding of the client as a person – her core principles and values. It is at this very personal level that the Laurel Law Group excels.

Our goal is to ensure that the values you practiced in life continue to guide your trustee.

Laurel Law Blog Articles about Trusts

Gifting in your Will

You can structure your gift in different ways to meet your needs. For example, you can make a: Specific Bequest   a gift of a specific dollar amount, asset, or percentage of your estate to a specific person or organization. Residual Bequest a gift all or a percentage...

Life Insurance

Did you know that the proceeds from your life insurance policy are included in your estate? You can use an irrevocable insurance trust (ILIT) to own your policy and still leave the proceeds to your family without having the funds included in your estate. There are...

Kids and IRAs

Did you know that f you list your three children as your beneficiaries on your IRA and one of your children predeceases you that child’s children may get nothing? Did you know that if you name a minor as a beneficiary, they can’t legally own that IRA? Many parents...

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Contact Laurel Law Group:

by phone: 206-745-2044

by email: info@laurellaw.net