Navigating Estate Planning with Caress Law

Tammi Caress
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Learn how to protect yourself and your loved ones as we help you navigate the estate planning process.

  1. 06/26/2025

    The Clock is Ticking: How Delays Drain Estates

    Many families delay handling estate matters after a loved one passes—understandably due to grief or uncertainty—but that delay can have real financial and legal consequences. In this episode, we walk through the top cost drivers that come from waiting too long and why getting started early (even in small steps) makes a big difference. Outline Why timing matters Cost driver #1: Missed Tax deadlines Cost driver #2: Frozen assets and investment losses Cost driver #3: Higher legal and administrative fees Cost driver #4: Family Conflict and Litigation Cost driver #5: Creditor Claims & Lawsuits Cost driver #6: Lost of tax election and disclaimers Cost driver #7: Delayed Distributions Speak to a professional to understand timelines and take the first steps:   Connect with Tammi Caress https://caresslaw.estate/ https://www.linkedin.com/in/caresslaw/   Links and Resources Download What to do when a love one dies: https://caresslaw.estate/estate-planning-resources/estate-administration-probate-checklist/ Check our website for our free on demand and live webinars: https://caresslaw.estate/estate-planning-workshops/   Follow the podcast in Apple Podcasts or Spotify https://podcasts.apple.com/us/podcast/navigating-estate-planning-with-caress-law/id1576876621 https://open.spotify.com/show/4iGJ7mtWDeqgHExxPqKeKp

    34 min

  2. 05/28/2025

    Big Tax Changes Are Coming to Washington — Are You Ready?

    In this episode of Navigating Estate Planning with Caress Law, host Tammi Caress breaks down the sweeping updates to Washington State's estate and capital gains tax laws—set to take effect July 1, 2025. From a new $3 million estate tax exemption to rates climbing as high as 35%, plus a 9.9% tax on long-term capital gains over $1 million, these changes could have major implications for your wealth, your legacy, and your planning strategy. Don't miss Tammi's expert insights on what it all means—and how to get ahead of it.   Highlights and Takeaways Introduction to Estate Planning Understanding the Estate Tax Changes in Estate Tax Thresholds Impact of Increased Tax Rates Deductions for Family Businesses and Farms Strategies to Minimize Estate Taxes Long-Term Capital Gains Tax Conclusion and Resources   Links and Resources Mentioned https://caresslaw.estate/estate-planning-resources/      https://www.washingtonpolicy.org/publications/detail/governor-ferguson-signs-the-largest-tax-increase-in-washingtons-history-into-law Connect with Tammi Caress https://caresslaw.estate/ https://www.linkedin.com/in/caresslaw/ Follow the podcast in Apple Podcasts or Spotify https://podcasts.apple.com/us/podcast/navigating-estate-planning-with-caress-law/id1576876621 https://open.spotify.com/show/4iGJ7mtWDeqgHExxPqKeKp

    14 min

  3. 04/28/2025

    Naming Your Trust as an Insured Party

    In this episode of Navigating Estate Planning with Caress Law, host Tammi Caress discusses a critical and often overlooked detail in estate planning: the importance of naming your trust as an insured party on your homeowner's insurance policy. Drawing from recent real-world events, including insurance complications following the Los Angeles County fires, Tammi highlights how failing to correctly list your trust can result in denied insurance claims and unnecessary financial loss and expands the conversation to include vehicles titled in the name of a trust. Tune in to learn how small steps today can make a big difference in protecting your legacy tomorrow.   Connect with Tammi Caress https://caresslaw.estate/ https://www.linkedin.com/in/caresslaw/ Follow the podcast in Apple Podcasts or Spotify https://podcasts.apple.com/us/podcast/navigating-estate-planning-with-caress-law/id1576876621 https://open.spotify.com/show/4iGJ7mtWDeqgHExxPqKeKp

    9 min

  4. 10/24/2024

    Estate Planning Horror Stories: The Cost of Inaction

    In this episode of Navigating Estate Planning with Caress Law, Tammi Caress shares real-life horror stories of clients who neglected to put estate plans in place, leading to devastating consequences for their families. From unintended heirs to business failures and guardianship battles, these cautionary tales emphasize the importance of having a will, trust, healthcare directives, and tax-saving strategies to avoid legal chaos and financial losses.   Links and Resources On Demand Webinar: Planning for Guardianship of Minors 7 Truths (and Truths) of Estate Planning Podcasts: Episode 7 Oregon Estate Tax: What You Need To Know Episode 20 When There's No Will: Understanding Intestate Succession Episode 21 Untangling the Knot: Oregon's Spousal Elective Share Episode 25 - 2026 Estate Tax Shake-Up: Protect Your Assets Now! Episode 26 Understanding Blended Families Part 1 Episode 27 Understanding Blended Families Part 2    Leave a 5 Star Review   Connect with Tammi Caress https://caresslaw.estate/ https://www.linkedin.com/in/caresslaw/ Follow the podcast in Apple Podcasts or Spotify https://podcasts.apple.com/us/podcast/navigating-estate-planning-with-caress-law/id1576876621 https://open.spotify.com/show/4iGJ7mtWDeqgHExxPqKeKp

    16 min

  5. 09/05/2024

    Tax-Free Treasure with Annual Exclusion Gifts

    In this episode we explore the powerful yet often overlooked strategy of the Annual Exclusion Gift. Whether you're looking to give meaningful financial gifts to your loved ones without triggering taxes or seeking ways to reduce your taxable estate, understanding the Annual Exclusion Gift is crucial. We break down what this tax-free giving opportunity is, who can benefit from it, and how to maximize its potential. Links and Resources Mentioned Related Podcast Episode Links:  Episode 8 - Cost Basis https://caresslaw.estate/episode-8-cost-basis/ Episode 7 - Oregon Estate Tax https://caresslaw.estate/episode-7-oregon-estate-tax/ Leave a 5 Star Review https://g.page/r/CZ7knJUB7Sd8EAE/review   Connect with Tammi Caress https://caresslaw.estate/ https://www.linkedin.com/in/caresslaw/ Follow the podcast in Apple Podcasts or Spotify https://podcasts.apple.com/us/podcast/navigating-estate-planning-with-caress-law/id1576876621 https://open.spotify.com/show/4iGJ7mtWDeqgHExxPqKeKp

    21 min

  6. 08/23/2024

    Understanding Blended Families: Navigating Estate Planning and Unique Challenges Part 2

    Welcome to today's episode, where we dive into the essentials of estate planning with a focus on blended families. We'll explore the critical documents in an estate plan for blended families, the consequences of not having a Will or Trust, and how each can benefit blended families. Plus, we'll discuss planning for minor children, stepchildren, and how to navigate spousal considerations and family dynamics in a comprehensive estate plan. Stay tuned as we break down practical steps to ensure your plan is up-to-date and aligned with your wishes.   Links and Resources Mentioned Should I have a Will or a Trust https://caresslaw.estate/episode-1-should-i-have-a-will-or-a-trust/   Spousal Elective Share https://caresslaw.estate/podcast-oregon-spousal-elective-share/   On Demand Workshop: Planning for Guardianship of Minors https://caresslaw.estate/on-demand-workshop-guardianship-of-minors/   Business google review: https://g.page/r/CZ7knJUB7Sd8EB0/review   Connect with Tammi Caress https://caresslaw.estate/ https://www.linkedin.com/in/caresslaw/ Follow the podcast in Apple Podcasts or Spotify https://podcasts.apple.com/us/podcast/navigating-estate-planning-with-caress-law/id1576876621 https://open.spotify.com/show/4iGJ7mtWDeqgHExxPqKeKp

    28 min

  7. 08/13/2024

    Understanding Blended Families: Navigating Estate Planning and Unique Challenges Pt. 1

    In this episode, we're diving into the world of blended families, uncovering the unique challenges they face in estate planning. From juggling the needs of biological and stepchildren to ensuring fair distribution of assets, we'll explore the emotional and financial intricacies that can arise when two families blend into one. Join us as we provide valuable insights and practical tips to create a rock-solid estate plan that keeps the peace and protects everyone's interests. Get ready for an engaging and eye-opening discussion that's crucial for every blended family!   In This Episode We Cover 1. Understanding Blended Families 2. Common Estate Planning Goals for Blended Families 3. Unique challenges faced by blended families 4. Potential risks and conflicts without proper planning   Links and Resources Mentioned Spousal Elective Share: Episode 21 On Demand Workshop: Planning for Guardianship of Minors  Business google review: https://g.page/r/CZ7knJUB7Sd8EB0/review   Connect with Tammi Caress https://caresslaw.estate/ https://www.linkedin.com/in/caresslaw/ Follow the podcast in Apple Podcasts or Spotify https://podcasts.apple.com/us/podcast/navigating-estate-planning-with-caress-law/id1576876621 https://open.spotify.com/show/4iGJ7mtWDeqgHExxPqKeKp

    22 min

  8. 07/25/2024

    2026 Estate Tax Shake-Up: Protect Your Assets Now!

    The Federal Estate Tax has quietly stayed in the background for most, thanks to its high amount that can pass tax free at death. But starting January 1, 2026, everything changes, potentially impacting many more estates. Tune in to our podcast for essential strategies to reduce your tax burden and protect your legacy before it's too late! In this Episode: Estate Taxes – What are they? Estate Tax Exemption Gift taxes Expiration of the Federal Exemption Amount Planning Opportunities Life Insurance Consult with Professional   Leave a 5 Star Review   Connect with Tammi Caress https://caresslaw.estate/ https://www.linkedin.com/in/caresslaw/ Follow the podcast in Apple Podcasts or Spotify https://podcasts.apple.com/us/podcast/navigating-estate-planning-with-caress-law/id1576876621 https://open.spotify.com/show/4iGJ7mtWDeqgHExxPqKeKp

    28 min
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4.8
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Learn how to protect yourself and your loved ones as we help you navigate the estate planning process.

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