Portland Oregon Legal Planning News
It 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.
Read MoreMany parents worry about how they will fund a lifetime of care for their child with a disability. This is especially concerning if the parents are fearful that there will not be enough money left for housing, caregivers, and basic life necessities when mom or dad pass away.
Read MoreIf you have lost a loved one and are now attempting to close out their estate, our Portland, Oregon probate attorney is sorry for your loss and we understand how frustrating the process can be.
The steps to take after the loss a loved one can be overwhelming, but requesting a death certificate is a great place to get started. You will need a death certificate to complete many of the administrative tasks that you will face in the weeks to come, so it only makes sense to order a copy of this as soon as possible.
Read MoreWhether you’ve recently reached adulthood, are starting your family, reaching retirement, or approaching some other major milestone in life, there’s a pretty good chance that it’s time to contact your Portland, Oregon estate planning lawyer. Don’t believe it? Check out these reasons.
Read MoreDid you know July is National Sandwich Generation Month? You may have never heard of it before, but if you care for aging parents and young children, you are part of this growing demographic.
Read MoreNational Healthcare Decisions Day is on April 16th, and it’s an important reminder for every adult to begin having conversations with loved ones about their most private wishes for medical and end-of-life care.
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