Estate Planning with a Will

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A “Last Will and Testament” is a legal document that allows you to say who should get your property when you die. Besides saying who should get your property when you die, a Will also gives you the opportunity to say who you want to be in charge of settling your estate.  It also gives you the opportunity to say who you want to serve as guardians of your minor children.  And, it gives you the opportunity to protect any money or property you give to minor children and/or other beneficiaries who are not good candidates to receive an inheritance outright; i.e., via the creation of testamentary trusts (see below).

In order to be valid, a Last Will and Testament must comply with Washington law. Washington law requires the testator to be over the age of 18, put the will in writing, and it must be witnessed by 2 people that are “uninterested,” meaning they receive nothing under the will.

You can change or revoke your Last Will and Testament as often as you’d like.  There are two ways in which you can change your Will.  First, you can prepare an amendment to your Will (called a “codicil”).  With a codicil, your Last Will and Testament remains in place, but one or more of its provisions are changed by the terms of the codicil.  To be valid, a codicil must be executed with the same formality as a Last Will and Testament; i.e., it must be in writing, it must be signed by you, and it must be attested by two independent witnesses.

The second way in which you can change your will is to make an entirely new one.  The new Will can be identical to the original Will, except for the changes you wish to make.  Because it is a Last Will and Testament, it will have to be made and executed with the same formalities as your original Will; i.e., it must be in writing, it must be signed by you, and it must be attested to by two independent witnesses. The new Will automatically revokes the prior Will as a matter of law.

If you die without a Last Will and Testament, you are said to have died “intestate.”  In that case, the laws of the state in which you are domiciled at the time of your death will control the settlement of your estate and the distribution of your probate property.  There are other considerations as well.  For example, if you die without a Will, the state will appoint a personal representative to settle your estate.  That could be anyone, including a local attorney, a professional administrator, or a family member.  Moreover, the court-appointed representative will not have the authority to make many decisions without obtaining court approval beforehand.  If you have minor children, the court would appoint guardians for them.  There is no assurance, however, that the court will look for the same qualities in a guardian as you would have wanted.  Court-appointed guardians are also entitled to compensation for their services, which can be a very expensive proposition and consume all the money that is left for your children.

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Laws on Estate Planning

In Washington, many laws concerning estate planning are found in Title 11 (Probate and Trust law) of the Revised Code of Washington (RCW). Additional laws may be found in Title 26 (Domestic Relations), Title 63 (Personal Property), Title 64 (Real Property), Title 68 (Cemeteries Morgues and Human Remains), Title 70 (Public Health and Safety), Title 83 (Estate Taxation). You may also need to look at Federal Laws.

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What is Estate Planning?

Estate planning is the process, undertaken before your death, of ensuring that your money and property are given away as you would like. Without estate planning, you have no say in who inherits your money, your family may have to pay taxes, and probate could be more complicated and time-consuming than is necessary. The most common tools used in estate planning are wills, trusts, powers of attorney, and living wills. Other specialized tools may be used to avoid probate.

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Tools in the Toolbelt

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As I have already discussed, many attorneys try to focus on one or two areas of law. I am considered a general practitioner, but do focus on agriculture, and try not to do family law. I have also written about getting the most for a person’s money. Anyone that knows me would probably say that I am thrifty. In that same vein of thinking, when selecting an attorney that works for you, you should look to the other skills that they offer, or what I refer to as “tools in the toolbelt.”

     Many counties are requiring cases under $50,000.00 to go to Mandatory Arbitration, or MAR. So if you know your case value (excluding attorney’s fees) is $50,000.00 or under, it might be a good idea to find an attorney that focuses on arbitration and mediation. Maybe taken some continued learning education classes or someone that acts as a mediator or arbitrator as well as an attorney. Those individuals know what mediators or arbitrators look for to move the case forward to resolution.
    In looking for a bankruptcy attorney, selecting someone that knows how to value property may be helpful if there are issues as to exempt property. In real estate cases, someone that understands real estate law, and has the connections with real estate appraisers and real estate agents already to move the case along.
    The bottom line is that an attorney has to have more than just a law degree, they need to have tools in their toolbelt. Most attorneys are aware that they need these tools, and work towards adding tools when needed.
    My toolbelt to help a client has continued to grow. Added to my law degree, I am also a certified personal property appraiser, have mediation credits and have worked numerous mediation and arbitration cases, and have a vast network of real property experts, to name a few. The key to moving any case forward is  having a great team of people to work with and knowing who to call as an expert. When looking for an attorney to represent you, make sure you find out all you can in regards to what other assets that attorney brings to the table. Tools in the toolbelt are needed to really work a case and get the most out of every situation.

Honesty is the Best Policy

Your counsel can only prepare for any circumstance if he/she knows all of the facts. Normally, surprises are going to harm your case not help it. Your attorney is there to assist you, so divulge all information pertaining to the situation. Your attorney may ask you questions that you do not think are relevant or that you might think are personal, but remember, they are there to ensure that you have the best outcome.

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Act in a Timely Fashion

If you find yourself in a sticky situation, whether you need legal counsel or just advice, the sooner you seek help the better off you will be. The longer you wait the longer the opposing counsel has to build a case against you or maybe just for some documents to get lost. Typically, your counsel will need time to review the case.

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Where the Law Comes From

Many people don’t pay attention to where law comes from. It really comes from two sources, the government and the court system. How the court system interprets events and law that has been passed establishes precedent as to how it will be viewed. If the public doesn’t like how the court has ruled, we then try and get the law changed. Senate Bill 6087 is a bill that has been supported by ag groups to get the RCW on water law changed. When the Washington Supreme Court issued their opinion on the Joe Lemire case in 2013 it was a surprise to many that the Court confirmed the Department of Ecology’s power to issue orders without a hearing. DOE can determine that a land owner has the “substantial potential to pollute” and can issue an order requiring that the property owner meet mandates, one of which is fencing and not using property that the landowner has paid for. Any landowner should be concerned with the DOE’s unchecked power. SB 6087 and 2 companion bills in the House help to protect private property rights and agriculture. It is important for citizens of the United States of America to remember that in the voting process we determine who fills the Senate, the House, and our Court system. You have a voice, use it to influence changes that need to be made to keep private property safe. Call your politicians and remind them that you are a voter and they need to support these bills.

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Specialized Case

Most attorneys have some area of expertise. If you have a specialized case, like a medical malpractice or patent law, make sure you find an attorney that specializes or has some level of expertise in that area. General practitioners will be able to handle many of the types of cases out there, but some cases are so specialized that it is important to find someone for that area alone. Many people don’t know that patent law cannot be practiced with just passing the bar exam.
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Make Sure your Attorney is the Right Fit

Shop around to make sure the attorney is the right fit for you. There are lots of attorneys out there, and you will hear good and bad about everyone. Making sure that you are happy with the person you pick is more important than anything else. Part of being happy is understanding how that attorney communicates with clients and the fee schedule. Ask about both during the initial consultation so that you understand exactly what you are getting. Also be aware that attorneys in our area have historically lower per hour rates than those in Seattle and Spokane. Many times a small town attorney gets you more bang for your buck.

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Trials

In a lawsuit, the end game is always trial. At the beginning, most clients think they will win at trial and want to get there asap. As any risk adverse attorney will tell you, there are other options. Alternative dispute resolution, such as mediation or arbitration, have hit all time highs with our crowded court system and costly attorney’s fees. I remind clients that mediation, with the right mediator, is really a free peak at what trial will bring. No, it really isn’t free, but it is less costly than a trial and you get to see what the other side is bringing to the table without being locked in to a result. With any dispute resolution, you should try and resolve the case. Mediation can be a great venue to resolve a matter.

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