Portland Oregon Legal Planning News
The decision to place a parent in a nursing home rarely comes easily. Apart from the emotional toll, significant financial and legal adjustments are often necessary. While immediate well-being takes priority, it's vital to safeguard your parent's assets and long-term care needs with proactive estate planning.
Read MoreIf you've ever questioned the difference between conservatorships, guardianships, and powers of attorney for seniors, you're not alone. As a Portland, Oregon elder lawyer, I often field questions about these distinct yet related legal mechanisms. Here's an explanation to help you understand the nuances of each.
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 MoreWhen most people think about estate planning tools such as power of attorney, they imagine that they are solely for people who already have children, who have significant assets, or who are nearing the end of their lives. However, you may be surprised to know that many Portland, Oregon will lawyers also recommend that college students have powers of attorney in place for both their healthcare and their finances. While your college-aged child may not require other aspects of a full estate plan, these power of attorney documents could nevertheless be vital.
Read MoreWhether you’re a single senior who lives alone or one who lives with a partner, establishing a new estate plan or modifying an existing one is essential. You might wish to leave assets to your partner that they could not get through intestate succession, or maybe you have children you want to leave your assets to. Perhaps there are organizations you want to receive a charitable donation upon your death. Whatever your final wishes, you should create a legally enforceable estate plan now.
Read MoreWhen a loved one is diagnosed with a terminal illness, it is scary and overwhelming. Having a to-do list can feel empowering and keep you occupied and proactive. There are three major things you can do right away to help your newly diagnosed loved one. When you accomplish these tasks, you can then focus on the work of being there for your loved one in their final months.
Read MoreWhen your adult (18+) child is going off to college, there are three important legal documents that are important for her/him/them to execute before leaving. (Actually, anyone over age 18 needs these documents.) These documents will allow parents to help their child in the even their child has an emergency or iso other wise incapacitated and unable to manage financial and health decisions. It happens more frequently than you would think. College kids experience mental health issues, get in accidents, and get serious illnesses like meningitis. Having the correct documentation to be able to get information and act on it in vital.
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