Why Put My House in a Living Trust? 6 Benefits Every Portland, Oregon Homeowner Should Know
If you own a home, you’ve probably heard that “putting the house in a living trust” can save time and money for your family later on. Yet many homeowners hesitate because they’re unsure how a trust works or they assume the process is a hassle. Below, we answer the most common questions and show why placing your primary residence into a revocable living trust is often simpler (and more advantageous) than people think.
Corporate Stock in Your Estate Plan: Ensuring Proper Transfer and Protection in Portland, Oregon
For many individuals in Portland, Oregon, corporate stock represents a significant portion of their wealth. Whether you own shares in a publicly traded company, privately held family business stock, or employee stock options, these assets require careful estate planning consideration. Simply listing "stocks" in your will isn't enough to ensure these valuable assets transfer smoothly to your chosen beneficiaries. An experienced Portland, Oregon estate lawyer can help you strategically integrate corporate stock into your comprehensive estate plan.
When Life's Storms Strike: A Portland, Oregon Trust Lawyer's Guide to Protecting Your Estate and Insurance Coverage
As a Portland, Oregon trust lawyer, I've seen how storms in life can come in all shapes and sizes—health crises, divorce, or the loss of a loved one. And of course, there are the literal storms: hurricanes, floods, and fires that can damage property and uproot lives. In recent months, you may have seen social media posts claiming that insurance companies won't pay out a total loss if your home is owned by a trust. While it's true insurers are more frequently scrutinizing claims, that doesn't mean your coverage is automatically void.