Top Lynnwood, WA Asset Protection Lawyers Near You
We are dedicated to help you through your Trusts, Wills and Estate Planning needs. Contact us today for a Free 15 Minute Consultation!
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1603 8th Ave N., Seattle, WA 98109
Lawgena of Washington has experience helping clients with their Asset Protection needs in Lynnwood, Washington.
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7191 Wagner Way N.W., Suite 202, Gig Harbor, WA 98335
Gordon & Alvestad, PLLC, serving clients in the Lynnwood, Washington area, a reputable legal practice for Asset Protection issues.
407 1/2 N 45th St, Seattle, WA 98103
950 Pacific Ave., Suite 705, Tacoma, WA 98402
10900 NE 4th St., Suite 1500, Bellevue, WA 98004
701 5th Ave, Suite 3300, Seattle, WA 98104
701 Fifth Ave, Suite 4200, Seattle, WA 98104
520 Pike St, Suite 2350, Seattle, WA 98101
1425 4th Ave, Suite 800, Seattle, WA 98101
10115 Greenwood Ave N, PMB #275, Seattle, WA 98133
7511 Greenwood Ave N, Suite 4114, Seattle, WA 98103
2033 6th Ave, Suite 920, Seattle, WA 98121
144 Railroad Ave, Suite 308, Edmonds, WA 98020
16650 NE 79th St, Suite 200, Redmond, WA 98052
999 Third Avenue, Suite 3900, Seattle, WA 98104-4040
40 Lake Bellevue Dr, Suite 100, Bellevue, WA 98005
600 University St, Suite 3200, Seattle, WA 98101
8407 S. 259th St, Suite 203, Kent, WA 98030
1420 5th Ave, Suite 3100, Seattle, WA 98101
1833 N 105th Street, Suite 101, Seattle, WA 98133
1001 Fourth Avenue, Suite 4400, Seattle, WA 98154
451 SW 10th St, Suite 215, Renton, WA 98057
777 108th Ave NE, Suite 2000, Bellevue, WA 98004-5882
986 ZYX Street, Suite 452, Lynnwood, WA 98036
950 Pacific Avenue, Suite 1050, Tacoma, WA 98402
Lynnwood Asset Protection Information
Lead Counsel independently verifies Asset Protection attorneys in Lynnwood and checks their standing with Washington bar associations.
Our Verification Process and Criteria
Ample Experience
Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.Good Standing
Be in good standing with their bar associations and maintain a clean disciplinary record.Annual Review
Submit to an annual review to retain their Lead Counsel Verified status.Client Commitment
Pledge to follow the highest quality client service and ethical standards.
What Is a Trust?
A trust is a legal arrangement in which you transfer your assets to another party to hold and manage for the benefit of your beneficiaries. Trusts are widely used in estate planning to ensure that loved ones are financially secure in the years to come. Because trust and estate laws can be complicated, it is recommended to consult with a trust lawyer near you, as each state has its own laws. There are several distinct types of trusts, including:
- Asset protection trusts
- Charitable trusts
- Constructive trusts
- Family trusts
- Irrevocable trusts
- Living trusts
- Revocable trusts
- Special needs trusts
What Are Some Examples of Situations Where I Might Need a Trust and Estates Lawyer?
Most people think of a trust as something they only need to consider when they pass away. However, a trust can be something you can benefit from during your life and provide for your family after death. Trust planning can help manage property and assets, gain tax advantages, and avoid probate. You should consider a trust when you:
- Have significant financial assets or property
- Have family members with special needs
- Want to distribute assets to charitable groups or religious organizations
- Want to protect your privacy
- Need to preserve assets for minor children
- Have major life changes
How Can a Trust Lawyer Help Me?
An experienced lawyer can give you the backing you need to navigate the legal system and find the best possible results for your case. Because laws are different from state to state, speaking with a lawyer in Washington is critical in understanding all the elements of your situation and making the best decisions when it comes to your estate planning. A trust lawyer can help with:
- Trust creation
- Asset management and protection
- Estate planning
- Trust administration
- Modification or termination of your trust
- Trust disputes and litigation
What Could Happen if I Don’t Hire a Trust Lawyer?
If you don’t hire a trust lawyer, your assets will pass under Washington probate laws. Probate can tie up your assets for months or years. If your beneficiaries are fighting over the assets, it can take longer and cost your estate money. With a trust, the property can pass outside of probate. You can also have more control over what happens to your estate after death. If you don’t have a trust, your loved ones may have to deal with:
- Estate taxes
- Delays in probate
- Fighting legal challenges over assets and property
- Property passing through intestacy
What Are the Top Questions When Choosing a Trust Lawyer in Lynnwood?
These questions can help you decide if you feel confident that a lawyer has the qualifications, experience, and ability to manage your trust case. Many trust and estate lawyers offer consultations that allow you to understand your options and get specific legal advice before hiring them. The top questions to ask include:
- What type of trust is most suitable for my situation?
- What are the benefits and drawbacks of creating a trust?
- How can a trust be used to address my specific concerns or goals?
- What is the process for creating and funding a trust?
- How will the trust be administered?
- What are the potential tax implications associated with a trust?
- How much will all of this cost?
Tips for Hiring a Trusts Lawyer
Taking the time to find a lawyer who is right for you and will represent your best interests is an important first step in protecting your finances. Find a lawyer who understands your case, knows your needs and goals, and has the experience to get the best outcome. Things to do:
- Ask for recommendations
- Research lawyers online
- Schedule consultations
- Review experience and expertise
- Talk about billing and fees
- Trust your instincts