Planning for the future when you have a child with special needs can be complicated and daunting. The laws are often difficult to understand, and it is equally hard to anticipate the extent of your child’s future care needs. Whether you have an elementary school child whose days are filled with speech therapy appointments, occupational therapy, specialized schooling, and IEP’s or an adult child with disabilities who is completely reliant on you for daily support and care, you must begin planning ahead to ensure that your child will have a safe and secure future—even when you are gone someday.
Read MoreYoung families are busy! They are often raising young children and at the beginning stages of their careers. Estate planning is often at the bottom of their priority list – if it is even on the list at all! But our Portland will and trust lawyer would like to help bump that priority up by explaining several reasons why young families need estate planning.
Read MoreAccording to research, 69% of adults ages 50-64 are on social media regularly, and 50% of adults older than 65 are on some form of social media as well. However, in my experience as a Portland, Oregon wills and trusts lawyer, I’ve found that most people do not have a plan for what should happen to their growing portfolio of “digital assets” when they are gone.
Read MoreAs a Portland, Oregon estate lawyer, when I meet with parents to start the process of creating a special needs plan for their child with disabilities, I almost always advise against leaving any type of inheritance outright to the child when mom or dad passes away.
Read MoreCreating a will is a significant undertaking. This is essentially the document that will guide the courts and your family on how you want your final affairs to be handled when you pass away.
Read MoreToo many people falsely believe that a will is the only estate planning document you need. However, having a complete plan, which often includes a trust, can prevent many problems with your estate after your passing. The Portland, Oregon estate planning attorney at Aiston Law, LLC is committed to helping our clients understand why creating a trust can be the best way to ensure that your wishes are honored when you are gone. Here are four risks to your estate if you choose to proceed without one.
Read MoreNot long ago, our Portland, Oregon estate planning attorney was contacted by a couple who did planning with us a while back. They asked for an appointment to make some changes to their estate plan. However, their demeanor when they came in was different than the last time we met. When we inquired about the changes they wanted to make, they uncomfortably said, “We want to disinherit our son from our estate.”
Read MoreMany people feel like their animals are their best friends and distinct members of the family. They buy birthday cakes and Christmas gifts for their dogs, cats, birds, and reptiles. Many older people prefer having an animal to keep them company. Look on the shelves at your home store, and they all have “Dog Mom” or “Cat Dad” merchandise. If your animals are loved equally as your children, have you accounted for their care after you pass?
Read MorePlanning for future care needs when you have a child with special needs can be stressful. Whether your child was born with a disability, experienced a traumatic brain injury, or is a veteran with mental health issues, all disabled people deserve to have their future planned out and protected. Our Portland, Oregon special needs lawyer here at Aiston Law, LLC wants to help parents take the necessary steps to provide a secure financial future for their loved ones.
Read MoreTo create and build a successful business is one thing; making sure it lasts after you’re gone is an entirely different matter. There are many financial predators out there that will take advantage of a business at its most challenging time – i.e., when the founder retires or passes away – but thankfully there are also ways to protect the business you worked so hard to build. Estate planning isn’t the only factor that determines whether your business continues without you, but a Portland, Oregon estate lawyer will tell you it’s almost a sure bet that your business will fail if you don’t have the proper planning in place.
Read MoreFor those caring for elderly relatives in Multnomah County, Oregon, there may be relief knowing that the senior has a medical directive, power of attorney, and/or trust in case he or she becomes incapacitated. However, it’s also possible that there is no guiding documentation to help when the relative is unable to make decisions on his or her own behalf. In Oregon, adult guardianships and conservatorships may be the only way to ensure your relative is cared for in later years.
Read MoreIf you want to ensure your assets will be distributed the way you want after your death, it’s important to plan your estate with an attorney here in Portland, Oregon. There are a number of options available, as any good estate planning lawyer will tell you. Do you need a will or a trust? Is it possible that you don’t need either?
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