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Portland Oregon Legal Planning News

Posts in Estate Planning
Portland, Oregon Elder Law Attorney: Financial Strategies for Caring for Aging Loved Ones

As our family members age, taking care of their financial and medical needs becomes increasingly important. Having conversations about the realities of aging early on can help ease the emotional stress that comes with it - providing a cushion for both you and your loved ones in case any conditions like dementia set in quickly down the line. With proactive planning and by utilizing the strategies listed below, families can ensure that their older loved ones are well-supported through this stage of life.

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Portland Estate Lawyer: Planning for the Future When Your Child Has Autism or Other Disabilities

Having a disabled child can be a life-changing experience, and it is important to plan for their future to ensure they receive the care and support they need throughout their lives. A comprehensive legal plan can provide peace of mind for both you and your child, and ensure that their needs are met, even after you are gone.

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Is Your Elderly Loved One Showing These Signs of Diminished Capacity? Here's What You Can Do

As our loved ones age, it's not uncommon for them to experience a decline in mental abilities that can make it difficult for them to manage their finances effectively. If you have an older loved one, it's important to be aware of the signs of diminished capacity so that you can take action to help protect their financial well-being. In this blog post, we'll discuss some of the signs of diminished capacity, and what you can do if you're concerned about your loved one's financial situation.

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Portland, Oregon Will Lawyer Answers, “Can an Email Serve as My Last Will and Testament?”

When it comes to estate planning, many people wonder if they can simply write their wishes down in an email and have it be considered a legal Last Will and Testament. While it's true that technology has made it easier than ever to communicate our wishes and desires, an email is not typically sufficient to create a legally binding will.

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Portland, Oregon Estate Attorney on The Dangers of DIY Planning—Especially When You Have a Child with a Disability!

With today's technology, access to information is literally in the palm of our hands. From your cell phone, you can download manuals to repair a washing machine that's thirty years old or watch step-by-step video tutorials that will teach you how to do anything from knitting a sweater to playing an instrument without taking a single professional lesson.

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Portland, Oregon Probate Lawyer: Legal Planning Steps to Take When a Loved One Enters Hospice Care

When a loved one enters hospice care, it can be a difficult and overwhelming experience. One of the most important things to consider is estate planning—which can help ensure that your loved one’s wishes are honored and surviving family members are financially cared for. The following steps can help caregivers more smoothly navigate legal issues that arise during the end-of-life process.

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Portland, Oregon Estate Lawyer: How to Get Your Legal House Clean and Tidy for Spring

Spring is a time for renewal, and it's also a great time to take a fresh look at your estate plan. Whether you already have a will, trust, power of attorney, and healthcare directive in place or you're just starting to think about these important documents, there are a few key tips to keep in mind as you "tidy up" your estate plan this spring.

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Portland, Oregon Asset Protection Attorney Reveals Strategies to Safeguard Assets for Spouses When Facing Long-Term Care

You worked hard to provide for your spouse throughout your marriage, and you want to continue to do so well into your retirement years. When the need for nursing home care or assisted living is on the horizon, the cost of such care can weigh heavily. The good news is that asset protection planning can help alleviate this anxiety before it fully sets in.

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Portland, Oregon Elder Lawyer: Understanding VA Disability Compensation

Serving in the US Armed Forces is a source of honor and pride for our service members. Unfortunately, serving in the armed forces increases health risks to those who serve. Combat situations are obviously risky, but many harmful situations don't involve direct combat, including exposure to hazardous chemicals, accidents, and mental stress.

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Caring for a Veteran? Portland, Oregon Elder Lawyer Suggests These Programs for Help

recent survey counted over 18.2 million American Veterans over age 65. Many of these Veterans include those who served in World War II, the Korean War, the Vietnam War, and the Persian Gulf War. Suppose you are caring for an elderly Veteran. In that case, you should know about the benefits and services available for the various health and financial challenges Veterans may face. 

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Series I Bonds: Portland, Oregon Probate Lawyers Reveal What You Need to Know

A Series I bond is a non-marketable interest-bearing U.S. government savings bond. It's a low-risk investment that earns a variable inflation rate adjusted every May and November and an interest rate fixed for the bond's life. The non-marketable feature means you can't sell or buy it in a secondary market.

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Portland, Oregon Estate Planning Attorney Announces IRS Increase to Estate Tax Exclusion For 2023

After you’ve rung in the New Year, it’s time to start getting down to business and thinking about tax season. While it’s not the merriest time of the year, tax season is a great time to review your finances and the changes that may impact how you file. Every year, the Internal Revenue Service provides its updated tax inflation adjustments. These yearly amendments lay out the amounts exempt from federal estate and gift taxes. Due to inflation, the IRS has increased estate tax exclusions for 2023. What does that mean for you?

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