Estate Planning Strategies
1,229 episodes — Page 9 of 25
Trust assets and taxes explained.
We do estate planning. We do probate. We do it well. If you are in Washington State and need help, you can get a free strategy session here -> https://cmslawfirm.com/
What does a revocable living trust do?
We do estate planning. We do probate. We do it well. If you are in Washington State and need help, you can get a free strategy session here -> https://cmslawfirm.com/
Probate alternatives.
Probate alternatives. At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon!
How to pick a great Trustee.
We do estate planning. We do probate. We do it well. If you are in Washington State and need help, you can get a free strategy session here -> https://cmslawfirm.com/
How to keep your house in the family FOREVER.
How to keep your house in the family FOREVER. We do estate planning. We do probate. We do it well. If you are in Washington State and need help, you can get a free strategy session here -> https://cmslawfirm.com/
Beneficiary designation vs. Trust - here's who wins.
Beneficiary designation vs. Trust - here_s who wins. We do estate planning. We do probate. We do it well. If you are in Washington State and need help, you can get a free strategy session here -> https://cmslawfirm.com/
Trust assets and taxes explained.
Trust assets and taxes explained. We do estate planning. We do probate. We do it well. If you are in Washington State and need help, you can get a free strategy session here -> https://cmslawfirm.com/
How to get access to a dead person's email.
How to get access to a dead person_s email. We do estate planning. We do probate. We do it well. If you are in Washington State and need help, you can get a free strategy session here -> https://cmslawfirm.com/
How to set up a trust for a blended family.
How to set up a trust for a blended family. Need help with estate planning or probate? -> https://cmslawfirm.com
How to transfer an inherited IRA to your own IRA.
How to transfer an inherited IRA to your own IRA. We do estate planning. We do probate. We do it well. If you are in Washington State and need help, you can get a free strategy session here -> https://cmslawfirm.com/
Should you worry about the government taking all of your property when you die?
The government is a small player with a BIG role in your estate planning. Here's the inside scoop. #estateplanning #trusts #realestate #attorneysoftiktok #estateplanningattorneys #legacy #wealth #estatetaxes #medicaidplanning #medicaid #cmslawfirm
Should you put rental properties in separate LLCs and separate trusts?
Rental property and asset protection. There is a theory out there that for every rental property you own you should have a separate trust AND a separate LLC. Is that right? Find out here. #estateplanning #trusts #realestate #attorneysoftiktok #LLC #assetprotection #landtrust #cmslawfirm
Estate planning attorney hiring guide.
Here's how to hire an estate planning attorney that will do great work for you. #estateplanning #trusts #realestate #estateplanningattorneys #legacy #wealth #estatetaxes #medicaidplanning #medicaid #cmslawfirm
Divorcing? You MUST update your estate plan.
If you die while in the process of divorcing, your future ex-spouse could get EVERYTHING. Here's how to prevent that. #estateplanning #trusts #realestate #estateplanningattorneys #legacy #wealth #estatetaxes #medicaidplanning #medicaid #cmslawfirm
What to do if your estate planning attorney retires.
There are a bunch of old estate planning lawyers out there retiring. Here's what to do if yours does. #estateplanning #trusts #realestate #estateplanningattorneys #legacy #wealth #estatetaxes #medicaidplanning #medicaid #cmslawfirm
House in Trust: When Does the Step-Up Occur?
When you put a house into a revocable living trust, you can get a step-up on a tax basis. If you're married and in a community property state like Washington, you get this benefit twice. When the first spouse dies, the house receives a step-up in basis to the current market value. When the surviving spouse dies, you get a second step-up in basis to the market value at that time. A revocable trust isn't its entity while the trustors are alive, so it uses their social security numbers for tax purposes, allowing for the step-up in basis at each death. If you need help, we'd love to discuss how you can protect your family, yourself, and your money. Getting started is easy. Get a free strategy session by clicking the link - https://cmslawfirm.com. Talk to you soon! #estateplanning #probate #trusts #realestate #inheritanceplanning #legaladvice #cmslawfirm #familyestate #willplanning #estatelaw
Why Probate Sucks and How to Avoid It
Probate is the legal process of transferring assets after death. It can be costly, time-consuming, and frustrating. The good news is that avoiding probate is easier than you think! With proper estate planning, such as updating beneficiary designations and creating a revocable trust, you can ensure a smooth transfer of your assets without the hassle. If you need help, we'd love to discuss how you can protect your family, yourself, and your money. Getting started is easy. Get a free strategy session by clicking the link - https://cmslawfirm.com. Talk to you soon! #estateplanning #probate #trusts #realestate #inheritanceplanning #legaladvice #cmslawfirm #familyestate #willplanning #estatelaw
Inherited retirement accounts? Here's what you need to know!
Have you inherited a retirement account? Learn more about managing an inherited IRA or 401k to minimize income taxes. Plan your distributions wisely to avoid hefty tax bills. Need estate planning or Probate help? Visit cmslawfirm.com for a free consultation. #inheritedIRA #inherited401k #taxplanning #probatelaw #retirementaccounts #financialplanning #estateadvice #taxstrategies #estateplanning #probate #trusts #realestate #inheritanceplanning #legaladvice #cmslawfirm #familyestate #transferondeathdeed #willplanning #bankaccount #beneficiary
A Trust is Not Always the Best Place to Put a House
Did you know that sometimes putting your house in a trust isn't the best way to leave it to your kids? If you have one or two kids who agree on what to do with the property, a transfer on the death deed might be a better, cheaper, and faster option. Want to learn more? Visit cmslawfirm.com, and let's discuss your estate planning needs. #estateplanning #probate #trusts #realestate #inheritanceplanning #legaladvice #cmslawfirm #familyestate #transferondeathdeed #willplanning
What to do if an attorney says they are too busy.
What to do if an attorney says they are too busy. At CMS Law Firm we do estate planning and probate, and we do it well. If you need help, we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Getting started is easy. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com. Talk to you soon!
Probate strategy when there's no family left.
Probate strategy when there's no family left. At CMS Law Firm we do estate planning and probate, and we do it well. If you need help, we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Getting started is easy. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com. Talk to you soon!
What is a self-settled irrevocable trust?
What is a self-settled irrevocable trust? At CMS Law Firm we do estate planning and probate, and we do it well. If you need help, we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Getting started is easy. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com. Talk to you soon!
Tax assessment for real estate valuation is BAD.
Tax assessment for real estate valuation is BAD. At CMS Law Firm we do estate planning and probate, and we do it well. If you need help, we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Getting started is easy. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com. Talk to you soon!
Person dies - Someone living in the house How to get them out.
Person dies - Someone living in the house How to get them out. At CMS Law Firm we do estate planning and probate, and we do it well. If you need help, we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Getting started is easy. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com. Talk to you soon!
Trust on a trust on trust is usually not a good idea.
Trust on a trust on trust is usually not a good idea. At CMS Law Firm we do estate planning and probate, and we do it well. If you need help, we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Getting started is easy. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com. Talk to you soon!
Here's who pays irrevocable trust tax income.
Here's who pays irrevocable trust tax income. At CMS Law Firm we do estate planning and probate, and we do it well. If you need help, we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Getting started is easy. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com. Talk to you soon!
3 common trust distributions provisions.
3 common trust distributions provisions. At CMS Law Firm we do estate planning and probate, and we do it well. If you need help, we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Getting started is easy. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com. Talk to you soon!
What happens to your house when the first spouse dies?
What happens to your house when the first spouse dies? At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon!
Calculating the tax basis of real estate when you combine gift and sale.
Calculating the tax basis of real estate when you combine gift and sale. At CMS Law Firm we do estate planning and probate, and we do it well. If you need help, we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Getting started is easy. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com. Talk to you soon!
Divorce - when you should update your estate plan.
Divorce - when you should update your estate plan. At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon! #estateplanningattorney #probatelawyer #family #money #estatetaxes #wealth #kids #taxes #realestate #trust #revocablelivingtrust
Gift to spouse - is there a tax on that?
Gift to spouse - is there a tax on that? At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon! #estateplanningattorney #probatelawyer #family #money #estatetaxes #wealth #kids #taxes #realestate #trust #revocablelivingtrust
Here's how to sell a property in a revocable trust.
Here's how to sell a property in a revocable trust. At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon! #estateplanningattorney #probatelawyer #family #money #estatetaxes #wealth #kids #taxes #realestate #trust #revocablelivingtrust
What happens to real estate - and the mortgage - when the first spouse dies?
What happens to real estate - and the mortgage - when the first spouse dies? At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon! #estateplanningattorney #probatelawyer #family #money #estatetaxes #wealth #kids #taxes #realestate #trust #revocablelivingtrust
Why do legal documents cost so much - a story.
Why do legal documents cost so much - a story. At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon! #estateplanningattorney #probatelawyer #family #money #estatetaxes #wealth #kids #taxes #realestate #trust #revocablelivingtrust
Your kids probably won't spend your money wisely.
Your kids probably won't spend your money wisely. At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon!
Is a dynasty trust an irrevocable trust?
Is a dynasty trust an irrevocable trust? At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon! #estateplanningattorney #probatelawyer #family #money #estatetaxes #wealth #kids #taxes #realestate #trust #revocablelivingtrust
How to get Will if old lawyer has it.
How to get Will if old lawyer has it. At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon! #estateplanningattorney #probatelawyer #family #money #estatetaxes #wealth #kids #taxes #realestate
Blended family - hope your step-parent doesn't die last.
Blended family - hope your step-parent doesn't die last. At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon! #estateplanningattorney #probatelawyer #family #money #estatetaxes #wealth #kids #taxes #realestate #trust #revocablelivingtrust
Does moving your house into your trust increase insurance?
Does moving your house into your trust increase insurance? At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon! #estateplanningattorney #probatelawyer #family #money #estatetaxes #wealth #kids #taxes #realestate #trust #revocablelivingtrust
How many trusts are you allowed to have
How many trusts are you allowed to have? At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon! #estateplanningattorney #probatelawyer #family #money #estatetaxes #wealth #kids #taxes #realestate #trust #revocablelivingtrust
In estate planning don't look too far ahead.
In estate planning don't look too far ahead. At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon! #estateplanningattorney #probatelawyer #family #money #estatetaxes #wealth #kids #taxes #realestate #trust #revocablelivingtrust
How to transfer assets outside the United States.
How to transfer assets outside the United States. At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon! #estateplanningattorney #probatelawyer #family #money #estatetaxes #wealth #kids #taxes #realestate #trust #revocablelivingtrust
How long does it take to get paid in a probate?
How long does it take to get paid in a probate? At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon!
Divorce - the perfect time - and wrong time - to update your estate plan.
Divorce - the perfect time - and wrong time - to update your estate plan. At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon! #estateplanningattorney #probatelawyer #family #money #estatetaxes #wealth #kids #taxes #realestate
How is separate property divided in probate?
How is separate property divided in probate? At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon!
Don't look to far ahead when estate planning.
Don't look to far ahead when estate planning. At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon! #estateplanningattorney #probatelawyer #family #money #estatetaxes #wealth #kids #taxes #realestate
Do we have notaries at the firm?
Do we have notaries at the firm? At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon!
HOR - Why is a trust better than an LLC for real estate distributions?
HOR - Why is a trust better than an LLC for real estate distributions? At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon! #estateplanningattorney #probatelawyer #family #money #estatetaxes #wealth #kids #taxes #realestate
When dealing with a split family, is probate inevitable?
When dealing with a split family, is probate inevitable? At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon!
HOR - 2026 estate tax reversion explained.
HOR - 2026 estate tax reversion explained. At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon! #estateplanningattorney #probatelawyer #family #money #estatetaxes #wealth #kids #taxes #realestate