Portland Oregon Legal Planning News
If you share a close bond with your nieces and nephews, ensuring they're included in your estate plan is natural. However, the laws of inheritance can complicate things, especially for younger beneficiaries. Let's unravel the factors to consider.
Read MoreThe word "trust" gets used quite broadly, creating potential confusion. While a "living trust" is a widely discussed instrument for estate planning, it's crucial to understand that not every trust is a living trust. Below our Portland, Oregon estate planning lawyer breaks down the key distinctions.
Read MoreWhen you're working with a Portland, Oregon trust attorney, it's crucial to understand what you can include in your trust document. Let's explore the variety of instructions or restrictions that can make your trust truly yours, ensuring your legacy is managed just the way you envision.
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 MoreHey there, real estate agents! As an estate planning lawyer here in Portland, Oregon, I want to share some valuable insights with you about the basics of estate planning. Understanding this crucial aspect can help you guide your clients more effectively when it comes to taking title to real property. So, let's dive right in!
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 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 MoreWhen creating a trust with a Portland, Oregon trust lawyer, it is important to understand the specific roles involved. The grantor is the person who establishes a trust. The designated beneficiary is the person who receives the assets held in trust when the grantor dies. Probate is unnecessary because trust property passes outside the last will and testament or intestacy law.
Read MoreIn the early part of 2022, many young families spent a lot of time watching Disney’s award-winning animated film Encanto. Repeatedly. While the movie is obviously a great source of entertainment for kids, Portland, Oregon estate planning attorneys have also noticed that it contains a lot of valuable lessons that can help people prepare for their family’s future.
Read MoreAs we age, our likelihood of mental incapacity increases. After all, our bodies and minds deteriorate as we age. Mental incapacity could result from dementia, stroke, brain injury, or other illness. What is mental incapacity and in what ways can you plan to be best prepared for it?
Read MoreWhen creating a trust to protect your family, the most crucial choice you will need to make is who will be named as the successor trustee. This is the person who will fulfill the trustee's duties when that person is incapacitated or passes away. This person has a large job, and you want to be sure you trust this person with your personal and financial health as they will be executing your final wishes.
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.
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