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.
When Should You Hire a Portland, Oregon Elder Law Attorney?
Americans are living longer and well past retirement age. With a longer retirement comes a need for legal counsel specific to older Americans. Seniors have unique legal needs, and a Portland, Oregon elder law attorney specializes in those issues. You should consider specifically hiring an elder law attorney if any of the following situations are applicable to you.
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.
Keep Your Advance Directive Simple: Name One Child, Not All of Them, as Representative
As a Portland estate attorney, I believe that an Advance Directive (commonly known outside of Oregon as a Medical Power of Attorney or Healthcare Proxy) should be included in every estate plan. A properly created Advance Directive allows someone to make important medical decisions for you in the event you are incapacitated or unable to speak for yourself.
Portland Elder Law Attorney: Is It Abuse or Neglect? 6 Red Flags to Watch for in a Nursing Home
Nursing home abuse happens in every state. Whether it’s from overworked staff, under-funded facilities, or simply the wrong people entrusted to care for the elderly, nursing home abuse can happen even in the seemingly nicest of places. While nursing home abuse is still the exception and not the rule, watch out for these six red flags.
Portland Elder Law Attorney: How to Stay One Step Ahead of Social Security Scammers
Scammers want your information. They have all kinds of creative ways for getting your account numbers, address, and other personal information. Once they have it, they steal your identity. As a Portland elder law attorney, I’ve seen it all too often.
Navigating the Do’s and Don’ts of Creating a Special Needs Plan for a Young Child or Adult With Disabilities | Portland Special Needs Lawyer
Planning for the future when you have a child with special needs can be complicated and daunting. The laws are often difficult to understand, and it is equally hard to anticipate the extent of your child’s future care needs. Whether you have an elementary school child whose days are filled with speech therapy appointments, occupational therapy, specialized schooling, and IEP’s or an adult child with disabilities who is completely reliant on you for daily support and care, you must begin planning ahead to ensure that your child will have a safe and secure future—even when you are gone someday.
Portland Will and Trust Lawyer: Estate Planning Essentials for Young Families in Oregon
Young families are busy! They are often raising young children and at the beginning stages of their careers. Estate planning is often at the bottom of their priority list – if it is even on the list at all! But our Portland will and trust lawyer would like to help bump that priority up by explaining several reasons why young families need estate planning.
Portland, Oregon Trusts Lawyer Asks, “Who will manage your digital footprint after you pass?”
According to research, 69% of adults ages 50-64 are on social media regularly, and 50% of adults older than 65 are on some form of social media as well. However, in my experience as a Portland, Oregon wills and trusts lawyer, I’ve found that most people do not have a plan for what should happen to their growing portfolio of “digital assets” when they are gone.