Who plans for marriage and marital dissolution at the same time? Some Washington residents do, but there should be more. Why? While no one wants to think about their marriage ending in divorce, the truth is a lot of them do. If one is not prepared for it, the financial fallout one might experience could be significant.
Estate planning is not necessarily easy. There are a lot of estate planning products out there, some of which may prove useful to one's situation and others that will not. Many Washington residents have heard about trusts, but many are confused about whether they need one. The truth is, not everyone needs to set up a trust, but for those with children, young or old, it is a great way to ensure their kids get the assets intended for them.