Lucent

Weather forecasters are already predicting a long hot summer in the Pacific Northwest, and that means that local public pools, splash pads, and ice cream shops will soon be packed to the gills. For those lucky enough to have access to a family-owned lake cabin on one of Washington’s 8,000 lakes, it’s time to pack up and head out to your home aw…

Introduction  As a real estate owner in Washington state, you have various estate planning options available to you. One such option is the transfer on death deed (TODD), which serves as a convenient tool for managing the distribution of your real estate assets. This article explains what a TODD is and provides an overview of how it works in Washi…

Danger Ahead: Transferring Real Estate into a Trust Introduction Creating a revocable living trust that holds real estate is often an integral part of estate planning. The primary reason behind transferring property into a trust, specifically a revocable living trust, is to bypass the potential complication of probate proceedings upon the death of …

At Fennemore, we are frequently contacted by people who ask us to prepare a deed for their Washington property. Sometimes they are giving property to their adult child, other times they are selling property, or sometimes they want to add someone to title. Frequently, the person requesting the deed asks for a quit claim deed, but isn’t aware t…

The Problem Seller financing can be a great option for both the buyer and seller in a lot of circumstances. But, for the seller, there is always risk that the buyer/borrower will fall behind on the payments – sometimes they stop making payments altogether, and other times they fall behind over time by making partial payments or missing paymen…

As a surviving spouse in Washington state, you may be wondering if you need to start a probate. This question frequently arises during the difficult times following the loss of one’s spouse. This article provides some easy-to-understand information about the probate process in Washington State, and the obligations of a surviving spouse. What is P…