June 2024
Recent Posts
Washington's estate tax exclusion is now $3M, but the top rate jumped to 35%. Seattle's Brothers Henderson Durkin breaks down what these 2025 changes mean for you.
Find the right Washington estate planning attorney with this guide from Seattle's Brothers Henderson Durkin. Learn what to look for in fees, experience, and fit.
Lost a loved one? Seattle's Brothers Henderson Durkin shares what to look for in a Washington probate attorney — from experience to fees to avoiding probate fraud.
At 18, your child is a legal adult — and you lose access to their medical and financial info. Seattle's Brothers Henderson Durkin explains what every family needs.
Brothers Henderson Durkin, P.S. proudly announces the promotion of Katie Marrs and Amy Spitzer to partners, recognizing two outstanding attorneys whose leadership, judgment, and dedication to clients exemplify our values. Both Katie and Amy have become trusted leaders within the firm distinguishing themselves through exceptional client service, practice area knowledge, and leadership within the elder law, disability, guardianship, and healthcare communities. Their advancement strengthens our management team and reflects our long-standing commitment to compassionate, high-quality representation. “We are delighted to promote Katie and Amy to partners of the firm,” said named partners Joshua Brothers, Christopher Henderson, and Katrina Durkin in a joint statement. “Both are leaders in disability and elder law and have earned the trust and respect of clients and colleagues alike. As partners, they will continue delivering exceptional client service while taking on expanded leadership roles guiding the firm’s growth and mentoring the next generation of attorneys.”
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Managing digital assets can be complex for fiduciaries. It is especially hard given the variety of asset types and the evolving legal landscape. Digital assets include cryptocurrencies, digital accounts, and intellectual property, each posing unique challenges. Cryptocurrencies Cryptocurrencies like Bitcoin and Ethereum are hard to manage. They are decentralized and use b lockchain technology . This makes them tough to trace and access without proper keys. Their value can change quickly, which adds more complexity. Securing them requires knowledge of digital wallets, which people can lose. People can also hack these wallets. The legal status of cryptocurrencies also varies, making it even more complicated. Digital accounts Digital accounts include social media, email, and cloud storage services. These accounts often have personal and sensitive information. Fiduciaries may have trouble accessing these accounts due to privacy policies. Managing data according to the owner’s wishes while following privacy laws is challenging. These policies and terms of service agreements determine if fiduciaries can transfer accounts. Intellectual property Intellectual property includes copyrights, patents, and trademarks. These assets need special knowledge to manage well: Valuation: Determining the value of intellectual property can be tough due to its intangible nature. Licensing and royalties: Managing ongoing licensing agreements and royalties needs constant attention. Legal protection: Protecting intellectual property rights involves complex legal processes. Navigating the digital asset landscape Digital assets are only growing in popularity. As such, fiduciaries managing digital assets face a tough landscape. The complications of handling these modern forms of wealth often require outside guidance. To handle these assets appropriately, fiduciaries might need support from legal professionals. It’s crucial for fiduciaries to feel prepared to preserve these assets for years to come.
