Portland Oregon Legal Planning News
Many people feel like their animals are their best friends and distinct members of the family. They buy birthday cakes and Christmas gifts for their dogs, cats, birds, and reptiles. Many older people prefer having an animal to keep them company. Look on the shelves at your home store, and they all have “Dog Mom” or “Cat Dad” merchandise. If your animals are loved equally as your children, have you accounted for their care after you pass?
Read MorePlanning for future care needs when you have a child with special needs can be stressful. Whether your child was born with a disability, experienced a traumatic brain injury, or is a veteran with mental health issues, all disabled people deserve to have their future planned out and protected. Our Portland, Oregon special needs lawyer here at Aiston Law, LLC wants to help parents take the necessary steps to provide a secure financial future for their loved ones.
Read MoreTo create and build a successful business is one thing; making sure it lasts after you’re gone is an entirely different matter. There are many financial predators out there that will take advantage of a business at its most challenging time – i.e., when the founder retires or passes away – but thankfully there are also ways to protect the business you worked so hard to build. Estate planning isn’t the only factor that determines whether your business continues without you, but a Portland, Oregon estate lawyer will tell you it’s almost a sure bet that your business will fail if you don’t have the proper planning in place.
Read MoreFor those caring for elderly relatives in Multnomah County, Oregon, there may be relief knowing that the senior has a medical directive, power of attorney, and/or trust in case he or she becomes incapacitated. However, it’s also possible that there is no guiding documentation to help when the relative is unable to make decisions on his or her own behalf. In Oregon, adult guardianships and conservatorships may be the only way to ensure your relative is cared for in later years.
Read MoreIf you want to ensure your assets will be distributed the way you want after your death, it’s important to plan your estate with an attorney here in Portland, Oregon. There are a number of options available, as any good estate planning lawyer will tell you. Do you need a will or a trust? Is it possible that you don’t need either?
Read MoreIt can be difficult to plan for the future, especially for a time when you’re not able to make certain decisions for yourself. The idea can be tough to swallow, even if you’ve experienced it with older relatives and know of the possibilities. However, planning ahead is the key to staying in control and making life as easy as possible for your loved ones in a crisis.
Read MoreSeveral aspects of estate planning can feel overwhelming, which is why so many people tend to procrastinate and put the process off for a later time. Especially when it comes to helping aging parents, putting together an estate plan can feel like a huge task. There’s the need to gather a lot of documentation, pay for an estate planning attorney, and perhaps the hardest part, to contemplate one’s own death. Adult children often run into these obstacles when they try to encourage their parents to stop procrastinating and get their affairs in order.
Read MoreWhen 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.
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