Portland Oregon Legal Planning News
In the early part of 2022, many young families spent a lot of time watching Disney’s award-winning animated film Encanto. Repeatedly. While the movie is obviously a great source of entertainment for kids, Portland, Oregon estate planning attorneys have also noticed that it contains a lot of valuable lessons that can help people prepare for their family’s future.
Read MoreAs we age, our likelihood of mental incapacity increases. After all, our bodies and minds deteriorate as we age. Mental incapacity could result from dementia, stroke, brain injury, or other illness. What is mental incapacity and in what ways can you plan to be best prepared for it?
Read MoreYou finally bought that vacation home you’ve always wanted. How can you add it to your estate plan? When it comes to planning your estate, a vacation home is very different from your primary home. Here are some things you should consider.
Read MoreAs local kids prepare to head back to school, parents will soon be inundated with paperwork, including the task of filling out routine school emergency cards that request the full names and contact information of other adults who can be reached if the parent is unavailable.
Read MoreFor many people, the role of caregiver is one that is thrust upon them unexpectedly. As our parents age, they may begin to lose their independence and rely on their adult children for help with the complicated and costly world of long-term care.This can be a difficult transition for both parties involved, as it can be hard to watch a parent decline and even harder to take on the responsibilities of caregiving. For those who are also raising young children, the transition can be especially challenging.
Read MoreEco-friendly burials, or “green funerals,” have been garnering a lot of attention lately. More and more people are requesting these types of burials because they have a more limited impact on the environment, they are simpler, and they are often more cost-effective.
However, because there are a lot of different factors to consider, many people feel confused about eco-friendly burials, what they require, and whether a green funeral is right for them.
Read MoreThroughout their lives, parents go to great lengths to ensure that their children are protected. The desire to keep one’s children safe and well-positioned in life is so strong that it often leads to worries about how children will stay protected when their parents are no longer alive.
Taking the time to have a properly prepared estate plan will give you confidence that your children will be taken care of when you die, whether they are young kids or grown-ups.
Read MoreCreating a will in Portland, Oregon is an important task that requires filling out several different forms and meeting certain requirements. But once you’ve done so successfully, you can enjoy the peace of mind that comes from knowing that your family and loved ones will be left with the fruits of your labor in the event of your passing.
Read MoreA will enables you to clearly communicate your wishes regarding the distribution of your assets and the guardianship of your minor children after your passing. While it can be difficult to think about the inevitable, it can give you peace of mind knowing your family will be taken care of when you’re gone. Some people choose to create what’s called a joint will. A joint will is a document two or more people sign together to combine each party’s last will and testament. Generally, married couples use a joint will so the surviving spouse receives the assets when the other dies and then transfers everything to their children upon the surviving spouse’s death.
Read MoreAs a disabled young adult approaches age 18, the parents will need to decide whether to pursue an Adult Guardianship and/or Conservatorship with the Oregon county courts for the right to manage the child’s personal, financial, and medical affairs.
Read MoreIf you’ve recently been diagnosed with Alzheimer’s disease, you are undoubtedly going through an emotionally-draining and tumultuous time. One thing that could help you is to plan ahead and develop your own care team. This is a group of support people that will help you through the different stages of the disease.
Read MoreDisability planning is a Plan B for when an individual becomes physically or psychologically unable to handle his or her own financial affairs. A disability plan would go into effect once you’re medically incapacitated and would cease once you’re able to resume handling your own affairs. Thus, a disability plan could go into effect permanently or end upon your return to health.
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