This blog has incapacitated loved one, the results are heartbreaking.
Getting older is inevitable, but even knowing this fact many Washington residents fail to adequately prepare for their futures and the futures of loved ones. As much as some people may prefer to ignore the health and financial issues that go along with aging, dealing with and having a plan for these problems can help people avoid difficult situations in the future.
Washington families can preserve family assets through the use of legal instruments known as trusts. There are numerous types of trusts, each of which present certain advantages and disadvantages. Some families use what are called living trusts to control a family-owned business.
Many Washington residents think of trusts as a kind of bank account they can leave behind for their heirs. That's not an accurate way to describe them. In fact, there are many ways to organize trusts to provide for many different types of beneficiaries.