What about revocable living trusts?
A revocable living trust is a document that serves the same purpose as a Will while also allowing your estate to be administered privately with no probate court involvement. Although probate in Washington is much more economical and efficient than in many states, persons who own property in more than one state or who wish for a greater level of privacy may choose to have their property administered under a revocable living trust.
To be effective, title to assets must be transferred to the revocable living trust, and it is always important to have a "pour-over Will” to direct property to the living trust at death which may not have been transferred to the trust during life.
We can help you decide if a revocable living trust is right for you and prepare the documents necessary to effectively implement this approach.
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