Portland Oregon Estate Planning News
When it comes to estate planning, you have a LOT of options. There are several legal tools that can be put in place to protect your loved ones after you pass away. One valuable tool a Portland, Oregon trust lawyer will use is an IRA inheritance trust.
Read MoreAs an estate planner, I often help parents set up guardianships for their minor children through their wills and trusts. These families go through extensive planning and thought to make the right choice in who will raise their children should they become unable to do so. However, most parents rarely consider that they may need to set up temporary guardianships to protect their children over short periods of time.
Read MoreIn my years as a Portland, Oregon estate planning attorney, it still surprises me to hear how uncomfortable people are discussing estate planning issues. Even families who are open to discussing their financial situations get squeamish when the word “inheritance” is brought up. However, like everything in life, the more you know the better.
Read MoreIf you’ve gone through a divorce or you are getting ready to file, it’s important to talk to your attorney about the impact it will have on your current estate plan.
It may surprise you to know that even if you get a divorce, your ex may still inherit your money and control your affairs if you don’t physically amend your documents.
Obviously you wouldn’t want your ex-spouse to be the executor of your will or beneficiary of your accounts. However, if that’s what your will or beneficiary designations direct, that’s what may legally happen.
If you have children, this is especially important to avoid your money going to a future step-parent.
Read MoreWill lawyers in Portland help Oregon residents to make all kinds of decisions based on federal, state, and local laws. From what to do with property to who will become a child’s guardian, there is no shortage of topics that should be considered. One of the areas that you will likely want to discuss with your estate planning lawyer is organ, tissue, and body donation.
Read MoreMany parents worry about how they will fund a lifetime of care for their child with a disability. This is especially concerning if the parents are fearful that there will not be enough money left for housing, caregivers, and basic life necessities when mom or dad pass away.
Read MoreWhether you’ve recently reached adulthood, are starting your family, reaching retirement, or approaching some other major milestone in life, there’s a pretty good chance that it’s time to contact your Portland, Oregon estate planning lawyer. Don’t believe it? Check out these reasons.
Read MoreDid you know July is National Sandwich Generation Month? You may have never heard of it before, but if you care for aging parents and young children, you are part of this growing demographic.
Read MoreNational Healthcare Decisions Day is on April 16th, and it’s an important reminder for every adult to begin having conversations with loved ones about their most private wishes for medical and end-of-life care.
Read MoreGreetings, fellow quaratiners! I really want you to fill out your Oregon Advance Directive, so I did a video walking you through how to fill it out.
Read MoreAs part of your Spring Cleaning, I recommend that you review a few key things to make sure that your estate and financial plans are going to work when you need them. You have made investments in your future based on goals that you have. It’s smart to review them each year to make sure that you’ve protected your investment, and so that your plan aren’t totally useless by the time you need them.
Read MoreWhen a loved one is diagnosed with a terminal illness, it is scary and overwhelming. Having a to-do list can feel empowering and keep you occupied and proactive. There are three major things you can do right away to help your newly diagnosed loved one. When you accomplish these tasks, you can then focus on the work of being there for your loved one in their final months.
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