Honoring the Sandwich Generation | Portland, Oregon Trust Lawyer
For many people, the role of caregiver is one that is thrust upon them unexpectedly. As our parents age, they may begin to lose their independence and rely on their adult children for help with the complicated and costly world of long-term care.This can be a difficult transition for both parties involved, as it can be hard to watch a parent decline and even harder to take on the responsibilities of caregiving. For those who are also raising young children, the transition can be especially challenging.
Eco-Friendly Burials: What You Should Know
Eco-friendly burials, or “green funerals,” have been garnering a lot of attention lately. More and more people are requesting these types of burials because they have a more limited impact on the environment, they are simpler, and they are often more cost-effective.
However, because there are a lot of different factors to consider, many people feel confused about eco-friendly burials, what they require, and whether a green funeral is right for them.
Portland Will Lawyers on the Top Ways to Protect Your Children with Your Estate Plan
Throughout their lives, parents go to great lengths to ensure that their children are protected. The desire to keep one’s children safe and well-positioned in life is so strong that it often leads to worries about how children will stay protected when their parents are no longer alive.
Taking the time to have a properly prepared estate plan will give you confidence that your children will be taken care of when you die, whether they are young kids or grown-ups.
What Do I Need to Set Up a Will in Portland, Oregon?
Creating a will in Portland, Oregon is an important task that requires filling out several different forms and meeting certain requirements. But once you’ve done so successfully, you can enjoy the peace of mind that comes from knowing that your family and loved ones will be left with the fruits of your labor in the event of your passing.
The Trouble with Joint Wills | Portland, Oregon Will and Trust Lawyer
A will enables you to clearly communicate your wishes regarding the distribution of your assets and the guardianship of your minor children after your passing. While it can be difficult to think about the inevitable, it can give you peace of mind knowing your family will be taken care of when you’re gone. Some people choose to create what’s called a joint will. A joint will is a document two or more people sign together to combine each party’s last will and testament. Generally, married couples use a joint will so the surviving spouse receives the assets when the other dies and then transfers everything to their children upon the surviving spouse’s death.
Checklist: Should You Consider an Adult Guardianship and/or Conservatorship for Your Disabled Child?
As a disabled young adult approaches age 18, the parents will need to decide whether to pursue an Adult Guardianship and/or Conservatorship with the Oregon county courts for the right to manage the child’s personal, financial, and medical affairs.
Building a Care Team Following an Alzheimer’s Diagnosis | Portland, Oregon Incapacity Lawyer
If you’ve recently been diagnosed with Alzheimer’s disease, you are undoubtedly going through an emotionally-draining and tumultuous time. One thing that could help you is to plan ahead and develop your own care team. This is a group of support people that will help you through the different stages of the disease.
Portland, Oregon Trust Lawyer: Is Disability Planning Right for You?
Disability planning is a Plan B for when an individual becomes physically or psychologically unable to handle his or her own financial affairs. A disability plan would go into effect once you’re medically incapacitated and would cease once you’re able to resume handling your own affairs. Thus, a disability plan could go into effect permanently or end upon your return to health.
Portland, Oregon Probate Lawyer Answers, “Should You Disclose Defects to Property You Plan to Leave to Heirs?”
You may already be aware that obvious and not-so-obvious defects must be disclosed when selling a property. Sure, you may not want to go into every single detail about a property you are essentially giving to someone else. It’s also true that there’s no consequence to you if you fail to provide certain information to your heirs. However, there are reasons why you want to disclose latent and patent defects of real property in your estate plan.
Portland, Oregon Trust Attorney: What is the function of a Successor Trustee?
When 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.
Portland, Oregon Special Needs Lawyer: Where Funds in a Special Needs Trust Go When the Beneficiary Dies
A Special Needs Trust is a specialized legal tool that allows a beneficiary with disabilities to utilize property or money held in the trust for his or her benefit, without jeopardizing the ability to access essential needs-based public benefits such as Supplemental Security Income (SSI) and Medicaid.
Portland Estate Planning Lawyer: When Should You Make an Estate Plan?
Determining the right time to make an estate plan is a serious task. When you visit a Portland estate planning lawyer, there are some factors the lawyer will look at, such as your current family, medical, and financial situation, to see what kind of estate plan will fit you the best. Here are some of the ways these factors can impact the estate planning process.