Elevated Estate Planning, P.S. | January 7, 2026 | Estate Planning
What Is an Attorney-in-Fact, and Why Do I Need One?
When planning for the future, it’s important to ensure that someone you trust is legally empowered to act on your behalf if you’re ever unable to do so. Designating an “attorney-in-fact” can help you accomplish this goal. What is an Attorney-in-Fact? An attorney-in-fact is a person authorized to act on behalf of another individual (known…
Elevated Estate Planning, P.S. | December 29, 2025 | Estate Planning
How to Avoid Probate in Washington State
When planning for the future, many Washington residents are surprised to learn that their assets may have to go through probate after they pass away. Probate can be time-consuming, costly, and stressful for loved ones during an already difficult period. Fortunately, Washington law offers several effective ways to avoid probate and ensure your property is…
Elevated Estate Planning, P.S. | December 3, 2025 | Estate Planning
Washington Just Adopted the Uniform Custodial Trust Act. Here’s Why That’s a Problem.
Washington recently adopted the Uniform Custodial Trust Act (UCTA). At first glance, it looks like a quick way to make an account “trust-like.” In practice, it can create false confidence and real risk for Spokane families navigating estate planning decisions. Many people will see this as a low-cost alternative to a living trust. The problem…
Elevated Estate Planning, P.S. | November 19, 2025 | Estate Planning
Durable Power of Attorney vs. General Power of Attorney
When you create a power of attorney (POA) in Washington, you allow another person (known as your “agent” or “attorney-in-fact”) to act on your behalf in various kinds of legal matters, such as those based on finances and healthcare. Two of the most common types are durable and general powers of attorney. While they may…
Elevated Estate Planning, P.S. | October 9, 2025 | Estate Planning
National Estate Planning Awareness Week: Why It Matters for Washington Residents
Every October, National Estate Planning Awareness Week reminds Americans of the importance of preparing for the future. From October 20–26, people across the country are encouraged to review their financial and legal affairs to make sure their loved ones are protected. In Washington, estate planning isn’t just for the wealthy — it’s for anyone who…
Elevated Estate Planning, P.S. | August 7, 2025 | Estate Planning
Why Do I Need an Estate Planning Attorney in Washington?
Planning for the future often feels like something that can wait, but when it comes to your estate, delay can lead to confusion, conflict, and financial consequences for those you leave behind. That’s where working with a Spokane estate planning lawyer can make all the difference. While some people turn to online templates and generic…
Elevated Estate Planning, P.S. | August 4, 2025 | Estate Planning
How a Washington Credit Shelter Trust Can Affect Your Future Estate Tax Liability
If you are married and own substantial real estate or property in Washington State, you may need to think about creating a credit shelter trust as part of your estate plan. A credit shelter trust is a type of irrevocable bypass trust that can be used to reduce the amount of federal or Washington estate…
Elevated Estate Planning, P.S. | July 24, 2025 | Estate Planning
Explore the Costs of Estate Planning in Washington State
When considering one’s future, estate planning is a crucial aspect that ensures your assets, properties, and, most importantly, your loved ones are well-cared for when you’re no longer there. Today, we delve into the cost of estate planning in Washington state , offering a comprehensive guide to help you prepare for this essential step. Estate…
Elevated Estate Planning, P.S. | July 10, 2025 | Estate Planning
Is it Wise to Do Your Own “DIY Living Trust”?
In the internet age, doing things yourself, or the “DIY approach,” has become more popular. There’s no denying the appeal: it’s often cheaper, convenient, and can provide a sense of satisfaction. However, it’s crucial to understand the potential risks involved when it comes to significant financial and legal matters such as a DIY Living Trust….
Elevated Estate Planning, P.S. | June 30, 2025 | Estate Planning
Washington State Raises Estate Tax Threshold to $3 Million
Big news for Washington families: starting July 1, 2025, the Washington State estate tax exemption increases from $2.193 million to $3 million. This change, along with new tax rates and adjustments, marks one of the most important estate planning updates in years. At Moulton Law Offices, our Spokane estate planning lawyers break down what is…