Happy New Year! We wish you a year filled with prosperity, peace and happiness!
January is always a good time to confirm that you are on the right track for a successful year. Is your estate planning up to date? We generally recommend that clients review their current estate planning documents every five years, and work with us as needed to ensure the documents reflect their current life situation. Are your business affairs in order? Washington corporations must have annual shareholder meetings to be in compliance with Washington law. Please let us know if we can assist!
Sherry and I enjoyed this year’s King County Bar Association’s Solo and Small Firm Section holiday lunch on December 13, including the opportunity to interact with colleagues during a gift exchange with lawyers attempting to “steal” the most highly desired items (I successfully “stole” a lovely bottle of Chateauneuf du Pape!) I attended the yearly Tennis Outreach Program’s (TOPs) Board Retreat on January 5, which is always a great way to start the year! For those of you new to this newsletter, I have been on the Board of TOPs for many years, and it holds a special place in my tennis-loving heart. If you’re interested in finding out more about how TOPs “serves” kids through tennis, or if you are interested in potentially joining our Board, please let me know!
Finally, I was pleased to attend the annual King County Bar Association’s Martin Luther King, Jr. Luncheon with my team on January 12. We appreciated the opportunity to hear from Theodore M. Shaw, current Julius L. Chambers Distinguished Professor of Law and Director of the Center for Civil Rights at the University of North Carolina School of Law at Chapel Hill. Mr Shaw is the Past President of the NAACP Legal Defense Fund.
As always, I would love to hear your questions and comments. If you have any questions about our firm and the work we do, please contact us or visit our website.
Stacey explains why a Testamentary Trust might be a good idea for your kids, young and old.
In Part II of Sherry’s series on Trust Administration, she explains why and how a Trustee should keep the Trust’s beneficiaries “reasonably informed.”
In Part III of Sherry’s Trust Administration series, she delves into what is meant by the Trustee being a “prudent investor.”