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Estate Planning - Administration in Port Townsend, WA
Harris- Mericle & Wakayama- P.L.L.C. - Port Townsend, WA - Phone: (360) 379-9377
Holloway Harry III Attorney at Law - Port Townsend, WA - Phone: (360) 385-1400
Platt Irwin Taylor - Port Townsend, WA - Phone: (360) 385-4399
Smith & O'Hare PS Inc - Port Townsend, WA - Phone: (360) 385-4575
Helpful Definition for: Estate Planning - Administration
Estate planning in Port Townsend is the attempt of eliminating confusions over the administration of a probate, optimizing the value of estate and arranging for its safe disposal. It is basically the process of transferring or distributing the assets, including the real & personal properties of the owner to the legal heirs in case of disability or death.
Beneficiary designations, trusts, property ownership, powers of appointment, gift, powers of attorney, living will, partition & specific final arrangements such as whether to be buried or cremated, etc., constitute the major devices of estate planning during lifetime. For post-death estate planning- will, succession & life insurance are the effective tools.
The main objectives of estate planning in Port Townsend are- tax-effective transfer of asset to beneficiaries, pre-decided time of distribution, selection of guardian, trustee or the executor and business succession.
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What’s the Harm? Studies Show GMOs May Cause Plenty
Written by: Lee Ann Rush Recent legislation dubbed the “Monsanto Protection Act” has put the controversy over genetically engineered (GE) foods* back into the headlines, as research continues to identify more and more negative effects resulting from the proliferation of these “Frankencrops.” GE foods are those which have had their genetic composition altered in order to add a “desirable” trait..
