Estate Planning Candice Aiston Estate Planning Candice Aiston

National Estate Planning Awareness Week: On the Hardest Day, Your Plan Will Be the Hand They Hold

National Estate Planning Awareness Week falls during the third full week of October. Congress created it in 2008 because so few Americans plan ahead, but any week this month is the right week to act on it. And we want to push the idea one step further: A complete estate plan does more than say who receives what. It tells the people you love exactly what to do on one of the hardest days of their lives.

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Estate Planning Candice Aiston Estate Planning Candice Aiston

Your Adult Child Is Getting Divorced: Is Their Inheritance Actually Protected in Oregon?

Few phone calls worry parents like this one: Your adult child's marriage is ending, and somewhere in the back of your mind is the inheritance, the one already given or the one still to come. Most people have heard that inheritances are separate property in a divorce, and they relax. For families thinking about protecting an inheritance from divorce in Portland, Oregon, that half-truth deserves a closer look, because the protection is real only if it has been carefully kept.

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Estate Planning Candice Aiston Estate Planning Candice Aiston

Your Child Turned 18: The Legal Documents Every College Family Needs, From a Portland, Oregon Estate Planning Attorney

Here is something that surprises almost every parent: The day your child turns 18, you lose the automatic right to see their medical records or make decisions for them, even in an emergency. A few simple documents, including a HIPAA authorization and a power of attorney for your college student, can restore that ability. Setting them up takes less time than packing the car for move-in day.

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Estate Planning Candice Aiston Estate Planning Candice Aiston

You Signed a Trust Years Ago. Your Family Could Still End Up in Probate: Advice From a Portland, Oregon Estate Attorney

Here is a truth that surprises many families: Signing a living trust does not, by itself, keep your estate out of probate. A trust only controls the assets that are actually titled in its name. If your home, accounts, or other property were never transferred into the trust, or quietly slipped back out over the years, your family may face the exact court process the trust was designed to avoid. The good news is that checking is simple, and fixing gaps is usually easy while you are here to do it.

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Do You Inherit Your Parents' Debt? What a Portland, Oregon Estate Planning Attorney Wants You to Know

The short answer is no; in most cases, children do not inherit their parents' debt. Debts belong to the estate, and the estate pays them from the assets the person left behind. Family members generally are not personally responsible. That said, a few exceptions catch people off guard, and knowing them ahead of time can save your family real stress.

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