Ray Hrdlicka – Host – Attorneys.Media Hi, this is Ray Hrdlicka with Attorneys.Media Legal Commentary, and today we have Andrew Dósa, an estate planning attorney in Tacoma, Washington, who’s going to talk to us about a very important aspect of life, and that’s estate planning, of course. There are a couple of—well, let me back […]
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Ray Hrdlicka – Host – Attorneys.Media You mentioned a life insurance policy earlier. Is that part of estate planning? Is that something that you would recommend to take out, to do—take a look at what they have—to essentially resolve some of those taxable issues that may arise and also to give, you know, the executor
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Ray Hrdlicka – Host – Attorneys.Media Is there, once a trust is created—and I assume this is a question that people often ask—if I use a trust, if I put assets into a trust, can I do something with those assets or are they locked away from me? My beneficiaries are the only ones that
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Ray Hrdlicka – Host – Attorneys.Media Even with a trust, you could still end up in court? Andrew Dósa – Estate Planning Attorney – Tacoma WA and Oakland, CA Right. Well, the simple fact is, Ray, that there are people who start making up stuff about why they’re entitled to things. And that’s how you
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Ray Hrdlicka – Host – Attorneys.Media What is the biggest mistake that parents make when they’re, you know, in regards to their kids when they’re setting up estate planning? Andrew Dósa – Estate Planning Attorney – Tacoma WA and Oakland, CA I’m not sure that I know what would be the biggest mistake. I think
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Ray Hrdlicka – Host – Attorneys.Media You have mentioned several different instruments here that you can utilize in estate planning. Let’s talk about them for a second. Again, in my prep for this interview—let me read them and then talk about them. Last will and testament. Financial and healthcare power of attorney, living will, and
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Ray Hrdlicka – Host – Attorneys.Media That question—how do they get started with estate planning? What do they do? Andrew Dósa – Estate Planning Attorney – Tacoma WA and Oakland, CA Right, well, there are two aspects to that. The first part is you think of three particular questions: One, what do you have? Two,
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Ray Hrdlicka – Host – Attorneys.Media Let’s talk about the fee structure of estate planning. You know, in my research for this interview, I saw a number of things that said flat fee, hourly, and of course scheduled amounts as different options. You know, it’s like an a la carte. So, what is the norm?
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Ray Hrdlicka – Host – Attorneys.Media How do you choose an attorney that you know is going to do the best, to give you the best results, that is going to ask the right questions, that is going to be there when you have questions? Andrew Dósa – Estate Planning Attorney – Tacoma WA and
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Ray Hrdlicka – Host – Attorneys.Media You mentioned two things in there, a will and a trust. So let me ask this question. If somebody is thinking about estate planning and they say, “Wait a minute, I have a will. Do I really need a trust?” What would you say to them? Andrew Dósa –
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