Portland Oregon Legal Planning News
The Sandwich Generation, an ever-growing group, carries the unique burden of caring for both their children and aging parents simultaneously. It's a demanding role that often springs up unexpectedly, marked by a sense of being 'sandwiched' between multiple responsibilities.
Read MoreAre you a senior who is contemplating adding an adult child to your bank account to help manage your finances? It may seem like an easy solution for getting assistance with bill payments, but it's crucial to weigh the pros and cons before taking action. Our Portland, Oregon elder law attorney is here to guide you through this decision.
Read MoreReal estate professionals: Welcome to our Oregon estate planning blog! Today, we're going to explore the benefits of living trusts and how they can help you avoid probate and safeguard your assets. Planning for the future is essential, and understanding the tools available to protect your hard-earned assets is crucial. Let's dive in!
Read MoreA trust is a valuable estate planning tool that offers flexibility and control over the distribution of your assets. One essential aspect of managing a trust is opening a bank account in its name. This article will explore the key factors to consider when opening a trust bank account, including the required documentation, account types, and potential tax implications.
Read MoreEstate planning is an essential process for anyone looking to secure their assets and protect their loved ones. One often overlooked aspect of estate planning is the prenuptial agreement, which is an invaluable tool for protecting individual assets and ensuring a smooth distribution of assets in the event of a divorce or separation. In this blog post, we will discuss the importance of incorporating a prenuptial agreement into your comprehensive estate plan and how it can benefit you and your family. Remember, our Portland, Oregon prenuptial lawyer is always here to help you navigate this process.
Read MoreIn the event of a medical emergency, it's crucial to have your healthcare documents readily accessible and ensure that your treatment preferences are known to emergency personnel. Our Portland, Oregon estate lawyer has put together this article to discuss the benefits of carrying your directives with you and offer tips on effectively communicating your wishes to emergency responders.
Read MoreIn recent years, there has been a growing trend of people tattooing their medical wishes on their bodies, including "Do Not Resuscitate" (DNR) directives. While it might seem like a creative and potentially effective way to express one's wishes, relying on a tattoo as a legally binding document is risky and could lead to confusion and misinterpretation. As a Portland, Oregon estate planning attorney, I want to address the potential dangers of this trend and emphasize the importance of a properly drafted estate plan.
Read MoreEstate planning often revolves around leaving assets to family members, but what if you want to leave your estate to someone who isn't related to you? Many people have close friends, caretakers, or even charitable organizations that hold a special place in their hearts. In this blog post, our Portland, Oregon will and trust attorneys will explore the essential considerations and steps to take when leaving your estate to non-family members to ensure that your wishes are respected and your legacy is preserved.
Read MoreAs 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.
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