Throughout your lifetime, you’ve dedicated effort to building assets, including investments, bank accounts, real estate, and business holdings. Safeguarding your legacy and facilitating its seamless transfer to future generations, encompassing your children, grandchildren, and beyond, necessitates the implementation of effective estate planning. If you don’t articulate your final wishes then the family that you have been building your empire for, would have to settle for how a court chooses to divide your estate. Instead of having a judge and inheritance laws making the decision , you should make the decision now. Contact our local Estate Planning and Asset Protection attorney in Bellevue, WA King County, to explore how wills, trusts, powers of attorney, and other crucial documents that can protect you. your business and family today.
Newport Law, PLLC is dedicated to assisting clients in crafting thorough estate plans for the seamless transfer of wealth to their family members. Whether you possess an existing estate plan requiring review or are starting from scratch, our attorneys are here to guide you. By evaluating your financial situation and outlining your objectives, we tailor an estate plan that aligns with your needs. Take the first step toward a secure future by calling us today for a complimentary consultation and to discover more about our services at (425) 681-2341 or by email at info@newportlaw.org or simply chat with us on our site!
Newport Law, is built upon the core tenets of transforming our clients’ dreams into tangible realities. Offering exceptional legal representation and counsel, we serve both individuals and businesses across King, Snohomish and Pierce County. Our commitment is reflected in the enduring relationships we cultivate, spanning from the building of your first business to buying your first home and planning for your retirement and the future of your loved ones.
At Newport Law, whether you present a real estate, estate planning, or business concern, we are dedicated to working with you on your legal matters, realizing your objectives, and safeguarding your interests and rights as your reliable legal guides.
Why does Estate Planning Matter?
Most people think that estate planning is simply planning for your death and what happens after, that is not the case. What happens if you are injured and become incapacitated? How will your bills get paid? How will you manage your property? What if you need urgent medical treatment but cannot consent? How about if you get sued? A slip and fall at your rental property can drain your estate and leave you vulnerable. Estate Planning is not just about passing on your lifetime earnings to your spouse and children, but about protecting your health and assets from unforeseen events. You’ve spent time accumulating your assets but once you’re gone, Assets such as property, investments, and business interests do not automatically transfer to your heirs upon your passing. If you die without an estate plan, the state is going to decide who gets what. Not your family and if you don’t plan then you don’t get to decide either. While some assets may go to family members like your surviving spouse and children, the state will not give funds to charity or assist in minimizing tax obligations to ensure your beneficiaries receive their rightful inheritance without excessive financial burden. If you’re in a long term relationship but not married your partner would not be considered in Washington State. By establishing a tailored estate plan that addresses your life and specific requirements, our team can aid in minimizing tax obligations, distributing assets to heirs, and facilitating charitable donations. If you wish to provide for future generations, such as grandchildren or great-grandchildren, our estate planning attorney can also assist with this. Your estate plan serves as a safeguard for your family’s well-being long after your passing.
In our practice, we understand that selecting an estate planning attorney is a significant choice. To facilitate this decision-making process, we provide complimentary consultations for potential clients, allowing us to assess whether our services align with your needs. In this initial consultation, we examine your estate and offer insights based on our extensive experience, considering your financial objectives.
Our practice areas are in line with what entrepreneurs need. With a range of practice areas including business, asset and real estate planning, and civil litigation, we can provide comprehensive legal services to meet all your personal and business needs. This means you won’t have to hire multiple attorneys for different legal issues, saving you time and money.
Unlike larger law firms that have high overhead costs, our firm operates more efficiently. This allows us to offer high-quality legal services at a more affordable rate. We offer flat rate flexible payment options to accommodate your budget.
We believe in maintaining open and transparent communication with our clients. Your Attorney will keep you informed about the progress of your case, explain legal jargon in simple terms, and answer any questions you may have. This ensures you are always in the loop and can make informed decisions. We offer a virtual appointment option, online signing & payment services as well as a secure encrypted client portal.
We provide Estate Planning & Asset Protection, Real Estate Transactions, Business & Marital Planning, Trust Administration, Probate, and Civil Litigation.
A “Estate” can be taken to mean everything someone owns, nowadays this is physical and digital assets. Everything you own will need to be taken care of if something happens to you, this can be injury or incapacity or death. This is the most basic type of estate planning you should have. Depending on the size and intricacy of your estate, a combination of wills and trusts is typically necessary to achieve the objective of distributing assets while minimizing probate and maximizing tax advantages for both you and your heirs. If you are a Real Estate Investor or a Business owner, then you have assets but you’re also open to liability and this is an Advanced Estate Planning aka Asset Protection, that you should consider to protect your assets from attorneys looking for “deep pocket” defendants. Additionally, crucial considerations encompass asset protection, business succession planning, and the inclusion of powers of attorney and advance directives. These elements ensure the proper management of your healthcare and financial affairs in the event of any incapacitation. Allow our Washington -based estate planning attorney near you to assist you in navigating these intricate matters.
An integral aspect of the estate planning process is the buying, renting, holding and selling of real estate. Whether you are a real estate investor or on your way to becoming one, we can help you to ensure that your real estate is held in a way so that your liability is limited and you can take maximum write off’s on your investment property. Newport Law Bellevue and Mercer Island, WA attorney near you is a expert team offering guidance to real estate investors, advising on property management within LLCs and Trusts.
In addition to assisting with securing your Real Estate our Attorney Sunny Awla is also a licensed Real Estate Managing Broker. She can serve as a qualified broker for buyers and sellers involved in the sale of Washington real property. Furthermore, we actively facilitate connections between buyers, sellers, and other qualified real estate professionals through our extensive network of referral sources, both within Washington and beyond. If you require a broker or a referral to a realtor, please don’t hesitate to reach out to us.
If your loved one has recently passed, sorting out their estate for your family’s inheritance is something you’ll likely need to tackle. How you go about doing that really just depends on how your loved one planned for it. If there is a will (or even if not) you will need to navigate the Probate process either in King County Superior court or the superior court of your county that can be Snohomish, Pierce or other County in Washington State. If you have to probate, the Court is involved in the entire process and it isn’t easy going. Before anything gets divided up among you beneficiaries, you will need to go to Court and that can take a long time.
If you have found yourself navigating this probate process, probate attorney, Sunny Awla can help ease your stress. She can guide you through the entire process, making sure it goes as smooth and quick as possible. At Newport Law, PLLC, Sunny can help you to navigate the estate issues to make sure you and your family get what’s rightfully yours.
Are you a long time business owner or looking to set up your own business? Our Bellevue Issaquah Attorney can help you every step of the way. We set up corporations and limited liability companies tailored to meet our clients’ objectives. Beyond the formation stage, we serve as day-to-day legal counsel, providing continuous support for our clients in managing their ongoing business operations.
Need help navigating the buying or selling of a business? Whether you’re transferring ownership interest through agreements like a Corporate Share Purchase Agreement or LLC Membership Interest Purchase Agreement, or opting for an asset-focused approach with an Asset Purchase Agreement, we’ve got you covered from the initial talks to closing the deal. Our services start at a minimum fee of $5,000.00 for straightforward transactions, providing top-notch and efficient guidance for the purchase or sale of small to mid-size businesses. In addition to that, if you are in need to sell your business then our Attorney Sunny Awla can market and list your commercial property or business on the CBA.
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Newport Law, PLLC provides the information on this website for informational purposes only. The information does not constitute legal advice. The use of this site does not create an attorney-client relationship. Please contact us if you wish to discuss the contents of this website in more detail. Any communications seeking advice or legal representation via the contact us form or email with one of our team members will be a confidential and privileged communication. Our lawyers are licensed to practice law in Washington State only.
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