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Van Nuys Law Office Pllc

Seattle wills lawyer, Seattle wills attorney, durable power of attorney, Seattle estate planning, pet trust, guardianship, Ballard wills attorney,
Address1734 NW Market St Seattle, WA 98107-5224
Phone(206) 784-9000
Websitewww.vannuyslaw.com
1734 N.W. Market StreetP. O. Box 17790, Seattle, WA 98127-1300

Welcome, and thank you for visiting our website! This Seattle law firm focuses on wills, trusts, probate, and mediation. We hope the information you find here is useful to you. Of course, it is just the beginning. The fact that you are visiting this website means you have questions and concerns. We hope to merit your trust and confidence, and we invite you to contact us. If you're a new visitor, we look forward to meeting you and exploring ways we can assist you and your family or business. If you're a current client, thank you for allowing us the opportunity to fulfill your legal needs.
Four Tips for Getting Started on Your Estate Plan

MAKE GIFTS! If the total value of your individual estate is more than $2,000,000 you can reduce your exposure to state estate taxes by making gifts. And you can lower your federal estate taxes if your estate is more that $3,500,000. A gift of $13,000 for each individual recipient can be made without incurring any gift tax, but must be done by December 31.

GIFT STRATEGY FOR ASSETS: If you are thinking of giving away an asset that has lost value and is now worth less than the tax basis, you and your intended recipient may be better off if you simply sold the property at a loss and gave the cash to the recipient. You may be able to claim a loss on your income taxes and your recipient won’t be saddled with an asset with a low basis, i.e., a basis pegged on the current lower fair market value.

To comply with the U.S. Treasury regulations, we must inform you that (i) any U.S. federal tax advice contained in this website was not intended or written to be used, and cannot be used, by any person for the purpose of avoiding U.S. federal tax penalties that may be imposed on such person and (ii) each taxpayer should seek advice from their tax advisor based on the taxpayer's particular circumstances.

We help you plan your future legacy while focusing on your current needs. We foster your values and relationships while protecting your legal rights. Please contact us to schedule a private consultation for your estate plan. We are located in Seattle in the heart of Ballard. Let us be your Seattle Wills and Trusts attorney.

The Van Nuys Law Office PLLC -- your Seattle Wills and Trusts lawyer -- is conveniently located in the heart of Ballard!

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