The clock is ticking. At the end of 2025, the historically high federal estate tax exemption is scheduled to sunset. Unless Congress steps in, the exemption will be cut roughly in half starting in 2026. For Washington families who have worked hard to build wealth in real estate, retirement accounts, or small businesses, this change […]
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Critical Estate Planning Issues to Address in 2025
Estate planning has always been about more than just paperwork. It’s about protecting your family, avoiding unnecessary stress, and making sure your wishes are honored. But in 2025, several new issues have moved to the forefront—changes in tax law, evolving digital legacies, and shifting family dynamics. At Terry Law Firm, P.S., we’ve seen how these […]
Mid-Year Estate Planning Checklist: Don’t Overlook These Key Updates
Summer tends to fly by in Washington—between graduations, family trips to the coast, and evenings spent at backyard barbecues, it’s easy to push estate planning to the back burner. But a mid-year checkup on your estate plan can save your family time, money, and stress down the road. At Terry Law Firm, P.S., we encourage […]
10 Reasons to Reevaluate Your Estate Plan After the 2025 Tax Changes
The 2025 tax changes—sometimes called the “One Big Beautiful Bill”—have already made waves across the country. But here’s the truth: the effects go far beyond accountants and spreadsheets. For families in Washington, these changes create an important moment to pause and ask whether your current estate plan still makes sense. At Terry Law Firm, P.S., […]
Including Sentimental Assets in Wills: What You Need to Know
When most people think about writing a will, their minds go straight to money, property, and maybe life insurance. But the truth is, it’s often the sentimental assets—the family quilt, the fishing rods, the wedding ring, or the box of old letters—that spark the deepest emotions and, sometimes, the fiercest disputes. At Terry Law Firm, […]
How Digital Inheritance Is Changing the Way Estates Are Planned
Not that long ago, estate planning was mostly about homes, bank accounts, and maybe a family business. But in 2025, a new piece of the puzzle has forced its way to the front: digital inheritance. Think about your own life—email accounts, social media profiles, cloud storage, online banking, even those random subscription services you barely […]
