Insights and News

The Five Essential Documents in Your Estate PlanOrbit Wills was founded by lawyers who believe estate planning should feel clear, approachable, and empowering. An estate plan is more than just paperwork — it’s a thoughtful way to protect your family, honor your wishes, and provide peace of mind.

As life grows more unpredictable, estate planning is emerging as a critical tool for individuals and families to protect their interests and ensure their wishes are honored.

We’ve said it a few times: It’s really, really important to make sure that your will and beneficiary designations are up-to-date. But what exactly does that look like? There isn’t an exact formula to how often you should update your will.

When most people think of a will, they often think of the distribution of wealth and assets, such as property, finances, and investments.

When it comes to creating a will, there is a lot to consider. You want to make sure that your estate is distributed according to your wishes and that your loved ones are cared for even if you are not there to take care of them.

One of the most important things you can do for yourself and your loved ones is write a will. When we hear the term “will,” we often think of something that only older people or those with a large estate need to worry about.

No one can predict what will happen in their life, and planning for an uncertain future can be difficult. Drafting a will is an essential component of estate planning—a document that clearly outlines how your assets will be distributed after your death.

Are your planning to transfer property or other assets to a minor in Washington State? When it comes to securing the financial future of a minor, most parents or grandparents look for various ways to establish a secure platform for their loved ones.

Writing a will is an important part of estate planning. But many people are overwhelmed by the thought of having to go through the process of writing a will. Luckily, there are now options for writing your will online, which can make the whole process easier and more efficient.

A custodian is an individual or organization that has been appointed by the court to manage and access the accounts of minors in the event of death or incapacitation of the parent/guardian.

Knowing who your beneficiaries are and how they receive their inheritance is a critical part of estate planning. It’s important for trustees, executors, and other individuals responsible for distributing assets to understand the legal rights and obligations involved in designating beneficiaries.

When you are writing a will, you will need to consider the gross estate you are leaving behind. This is the total value of all your assets minus any debts you may have. You will also need to decide whether you will be creating a will for a probate estate or for a trust estate.