Portland Oregon Legal Planning News
As the school season winds down, it's time to start planning those long-awaited family vacations. But before you pack your bags and head out, it's crucial to ensure that your family is protected in case of the unexpected. That's where estate planning comes in.
Read MoreAs a Portland, Oregon will lawyer, I've seen firsthand how substance abuse can impact families, leaving parents heartbroken and unsure of how to protect their loved ones while preserving their legacy. In my experience, many parents want to leave an equal inheritance to all their children, but when one child is struggling with addiction, it can significantly complicate matters.
Read MoreIf you have a parent in a nursing home, you're likely facing a lot of difficult decisions and stressful situations. It's natural to feel overwhelmed, but it's important to remember that you have options and resources available to you. One question that often comes up is whether the nursing home can take a loved one’s life insurance policy. Let's dive into this issue and provide some empowering advice.
Read MoreIf you have a disabled* child, you may be tempted to assume that if something happens to you or your partner, your other children will take care of their sibling. However, it's important to take the time now to create a legal plan for your child so that they are always protected no matter what happens. This includes creating a Special Needs Trust*, also called a Supplemental Needs Trust, naming backup guardians/conservators, and considering housing scenarios in the event that their siblings can’t care for them.
Read MoreAs 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.
Read MoreHaving 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.
Read MoreAs 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.
Read MoreWhen 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.
Read MoreWith 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.
Read MoreWhen 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.
Read MoreSpring 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.
Read MoreYou 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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