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
What Is The Difference Between Durable Power of Attorney And 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 31, 2025 | Wills
Does a No-Contest Clause Really Work in a Will or Trust?
Estate planning ensures your wishes are honored after your death and prevents unnecessary family disputes. Yet, even the most carefully drafted will or trust can trigger tension among heirs. Many people include a no-contest clause in will provisions to discourage challenges. But does it actually work? Understanding how these clauses function, and when they might…
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. | October 8, 2025 | Trusts
Can a Trust Help Me Reduce Washington State and Federal Estate Taxes?
Note: For deaths in 2026, the Washington State Department of Revenue sets the estate tax filing threshold and exclusion amount at $3,076,000 per individual. This exemption, which applies to both residents and non-residents with WA property, is not portable between spouses and does not include an automatic, 6 million combined exemption. Estate planning in Spokane can start to feel…
Elevated Estate Planning, P.S. | September 24, 2025 | Estate Tax Planning
Three Ways to Save on Washington Estate Taxes
Note: For deaths in 2026, the Washington State Department of Revenue sets the estate tax filing threshold and exclusion amount at $3,076,000 per individual. This exemption, which applies to both residents and non-residents with WA property, is not portable between spouses and does not include an automatic, 6 million combined exemption. The Washington State estate tax is among the…
Elevated Estate Planning, P.S. | September 13, 2025 | Asset Protection
What Is a Medicaid Asset Protection Trust (MAPT)?
If you are looking to qualify for Medicaid to receive help in paying for nursing home care, you may need to establish a Medicaid Asset Protection Trust (MAPT). A MAPT is an irrevocable trust that protects your assets from being counted against you when applying for Medicaid. When properly structured, MAPT assets will also not…
Elevated Estate Planning, P.S. | September 2, 2025 | Power of Attorney
Frequently Asked Questions About Washington Durable Powers of Attorney
In Washington estate planning, a durable power of attorney (DPA) is a critical document that can help protect your assets. A DPA enables you to appoint a family member, friend, or other trusted person to make financial decisions for you and your property. This can prove especially useful if you become incapacitated and are no…
Elevated Estate Planning, P.S. | August 11, 2025 | Wills
What Are the Basic Requirements for a Valid Will in Washington?
Creating a valid will is one of the most important steps you can take when planning for your future. In Washington, the law sets out clear rules for a will to be legally recognized. If any of these rules are not met, the court may not honor the will during probate, which could result in…
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…