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NW Legacy Law Center
Vancouver, Washington
Recent Activity
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Have you noticed your benefits check looks a little different? Have you reviewed it to see how the Social Security changes are affecting you this year? In the article "Social Security Changes in 2016.", AARP provided a full list of the Social Security changes for this year. Following are some... Continue reading
Posted Mar 15, 2016 at NW Legacy Law Center
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Join us Thursday, February 25th from 6-7:30pm for our complimentary workshop "10 Problems That Can Cost You and Your Family a Fortune – and Their Solutions." During this Workshop attendees will learn about common problems that can affect us now and our families in the future and how estate planning... Continue reading
Posted Feb 29, 2016 at NW Legacy Law Center
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Don't wait until your family is grappling with a crisis to discuss these four important subjects. Candid conversations will help the decision-making process when the tough calls must be made. The challenges facing seniors and their adult children can be placed into four main categories, according to the article "Talk... Continue reading
Posted Feb 19, 2016 at NW Legacy Law Center
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Join us Saturday November 28th for our free workshop "10 Problems That Can Cost You and Your Family a Fortune – and Their Solutions." During this Workshop attendees will learn about common problems that can affect us now and our families in the future and how estate planning provides solutions... Continue reading
Posted Nov 25, 2015 at NW Legacy Law Center
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The summer Kyle Knight turned 21, he started feeling sick. After a series of hospital and doctor visits, he and his family learned that he had Type 1 Diabetes. “We learned very fast what Type 1 is all about,” said his mother Paula. “He immediately had to start learning how... Continue reading
Posted Oct 22, 2015 at NW Legacy Law Center
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No one likes to talk about death, even though we all know it is inevitable. The tough question that follows the necessary discussion includes what do you want to happen when you are no longer alive. Who will raise your children and what will happen to your assets. If you... Continue reading
Posted Oct 21, 2015 at NW Legacy Law Center
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When people remarry, the dynamics between children and step-parents is never over, even after one of the spouses has passed away. In cases when one spouse was a millionaire, a challenge to the will is almost expected. But one case in New York has an unexpected twist. Perhaps if Dr.... Continue reading
Posted Sep 17, 2015 at NW Legacy Law Center
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It may seem that revoking a will should be a pretty straightforward process, but it is not. In more cases than you can imagine, people who think they have done all the right things end up leaving their assets to unintended heirs. Writing a will or making changes to a... Continue reading
Posted Sep 15, 2015 at NW Legacy Law Center
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Having a trust sounds like something that only wealthy people need, but trusts are useful estate planning tools for regular folks too. There is a lot of good advice in an article that appeared in The Bryan County (GA) News, “What should you know about trusts.” "Why would you want... Continue reading
Posted Aug 20, 2015 at NW Legacy Law Center
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The simple and unpleasant truth of estate planning is this: few people enjoy spending time contemplating their own mortality. Estate Planning requires recognition that at some point in the future you will no longer be alive, which leads to anxiety. This is the biggest reason, advisors say, that people put... Continue reading
Posted Aug 19, 2015 at NW Legacy Law Center
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Laws that govern wills, trusts and estates can be complex for wills leaving do-it-yourself projects potentially lacking in substance and effectiveness. Attending an Estate Planning Workshop will help you understand what a will can and cannot accomplish, which will make your meeting with an estate planning attorney more efficient. Fox... Continue reading
Posted Aug 17, 2015 at NW Legacy Law Center
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Coming together at 50-plus is different from getting married in your 20s, particularly when it comes to money. "You've had a lifetime of solidifying your money beliefs" and behaviors, says Janet Stanzak, president of the Financial Planning Association. These are some ways to smooth the transition if you're tying the... Continue reading
Posted Apr 30, 2015 at NW Legacy Law Center
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Financial planner Joe Pitzl, 34, says Millennials like himself have a different way of absorbing information than their parents and grandparents, and as a result planners in that age group take a more collaborative approach. As reported in a recent USA Today article, titled “For Millennials goal is financial freedom,”... Continue reading
Posted Apr 28, 2015 at NW Legacy Law Center
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Although some couples remain unmarried to protect their estates, that strategy may backfire if you end up paying estate taxes. If you choose not to marry, you and your partner need to educate yourselves on your estate planning and retirement options. If you’re married, you’re able to inherit an unlimited... Continue reading
Posted Apr 27, 2015 at NW Legacy Law Center
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"It's important not to look at financial planning in a vacuum. Estate planning is intertwined with the financial plan." According to Nicole Hart, director of trusts and estates at Sontag Advisory, a financial planning firm, estate planning is often at the bottom of the financial planning list, if it even... Continue reading
Posted Apr 22, 2015 at NW Legacy Law Center
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"If you are looking at Baby Boomers, they are looking at what their cash flow will be in retirement," says Carol Kroch, managing director, wealth and philanthropic planning at Wilmington Trust in Wilmington, Del. "Can they do the things they want to do? Can they retire? Can they keep the... Continue reading
Posted Apr 21, 2015 at NW Legacy Law Center
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Here are a few of the most common mistakes we’ve seen seniors make in regards to their retirement planning. Sometimes knowing what NOT to do is just as important as knowing what to do. So it is with retirement planning. Physician’s Money Digest lists some of the most common mistakes... Continue reading
Posted Apr 20, 2015 at NW Legacy Law Center
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Empire is based on fictitious music company called Empire Enterprises. Lead character Lucious Lyon (played by actor Terrence Howard) is racing to name a successor for his company after learning he has months to live due to an ALS diagnosis. His sons Jamal, Hakeem, and Andre duke it out to... Continue reading
Posted Apr 17, 2015 at NW Legacy Law Center
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Small businesses, including self-employed taxpayers, have two choices after year end (2014) to establish and contribute to a retirement plan. Those two choices are the Simplified Employee Pension (SEP) plan and the individual retirement arrangement (IRA). A recent article in The (Great Falls MT) Prairie Star, titled “Review estate, tax... Continue reading
Posted Apr 16, 2015 at NW Legacy Law Center
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Anyone can die leaving debt behind. Spouses and families should help prepare or revise estate plans to address current credit issues and create an action plan for the possibility of remaining debt after the borrower dies. If you aren’t sure what to do with a loved one’s debts after they... Continue reading
Posted Apr 15, 2015 at NW Legacy Law Center
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Having experienced advisers who know the best way to protect your hard-earned property, find the most appropriate ways to lower the taxes owed, and respect your wishes can make all the difference. While many lawyers can prepare simple wills, estate planning can be complex, making a simple will inappropriate in... Continue reading
Posted Apr 14, 2015 at NW Legacy Law Center
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The elder abuse resource prosecutor would be in the Oregon Department of Justice's Criminal Justice Division. The person named to the proposed position would be the third full-time resource prosecutor in the state, alongside those for domestic violence and driving under the influence of intoxicants. Funding for the new full-time... Continue reading
Posted Apr 14, 2015 at NW Legacy Law Center
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“I’m a caregiving expert, with more than 30 years of experience in the field of aging, so you’d think I’d be fully prepared for a loved one’s death, especially when that person is older or has been battling illness. Yet even for me, death caught me by surprise.” There are... Continue reading
Posted Apr 14, 2015 at NW Legacy Law Center
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Once you're divorced one forward moving goal should be to immediately create a new estate plan -- a will or revocable living trust, a healthcare power of attorney, and a living will designee. Read on for more estate planning must-do’s regarding divorce. A recent article in the The Huffington Post,... Continue reading
Posted Apr 14, 2015 at NW Legacy Law Center
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"Will you still need me? Will you still feed me? When I'm 64?" The Beatles first released these quaint, clarinet-fueled lyrics in 1967 when the loving answer to these questions was a resounding, "Yes!" Traditional marriage vows echo this sentiment in that they presuppose a relationship span that encompasses young... Continue reading
Posted Apr 14, 2015 at NW Legacy Law Center