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Seattle Legal Blog

Weighing whether to create a will or living trust

Should you have a will or should you consider setting up a revocable or “living” trust? That all depends on a number of factors including the size of your estate, your concerns about costs as well as your comfort level. Both allow you to manage your estate and assets while passing them down to heirs and beneficiaries.

However, with a revocable living trust, you can do so while still alive. You have the flexibility to revoke or change the trust’s terms in your lifetime, moving assets into and out of the trust when you want. You can’t do that from a coffin when you have a will.

Reverse mortgages have advantages, disadvantages

A number of baby boomers have reached retirement or are only a few years away from it. As it turns out, though, many from this generation have not saved enough money ... and in some cases, none at all. This is head-scratching news that brings forth a number of questions such as “What happened?” and “What potential solutions are there for me?”

Roughly 41 percent of baby boomers have no retirement savings accounts, according to the Employment Research Benefit Institute. In addition, 44 percent of baby boomers in retirement will not have enough income for basic living expenses.

If I die Unexpectedly, Who Gets My Seahawks Season Tickets?

Seahawks Charter Seat License (CSL) seats on the loge or lower level are a hot commodity that several in your circle of family and friends would like to have. If you should die unexpectedly, who would get your season tickets?

The individual team sets the conditions of the season ticket contract, so it's essential to have the right information about your ownership situation. The ticket transfer system for one team may not work for another team.

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