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Derek Johnson grew up in a small community in the midwest. After multiple family trips to the Pacific Northwest, Derek decided that Washington was the place he eventually wanted to make his home. After attending University of North Dakota on a Pre...
Practice areas: Trusts, Estate Planning, Probate, Business, Wills & Living Wills
Review: “My wife and I hired Mr. Blodgett to help us with our estate planning. He made the process very simple for us and we were able to sort out our wills, power of attorney and other documents very easily. We feel good knowin...
Practice areas: Trusts, Business, Probate, Estate Planning, Tax
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A trust is an arrangement whereby someone owns and manages money or property for another person's benefit. Like a guardianship, a trustee has decision-making authority over the trust property, but no court is involved in the trustee's action–the person who creates the trust defines the scope of the trustee's power. There are many different trust types, including probate trusts, income trusts, spendthrift trusts, and educational trusts. For example, a living trust allows you to manage your property while you are alive and to direct who will manage it if you become incapable of doing so. In essence, you choose your own “guardian” in advance and avoid having the court do it for you. A trust attorney reviews the many reasons for establishing a trust with you, and can ensure your trust will be legally valid.