Anne Heche, Wendy Williams, Aretha Franklin, and YOU.
They say celebrities are “just like the rest of us,” and that’s certainly true when it comes to estate planning. While no one likes to think about (or plan for) their incapacity or death, there are real-life consequences for not doing so. It doesn’t matter if you are a billionaire or just an average Joe, everyone needs a plan to protect their assets and their family if something happens to them.
Portland, Oregon Will Lawyers on Why a Power of Attorney Is So Important for Your College Student
When 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.
Portland, Oregon Will and Trust Lawyer on What Single Seniors Need to Know About Their Estate Plan
Whether 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.
Portland, Oregon Estate Planning Attorney: How Ranchers and Farmers Can Protect Their Life’s Work
Creating a comprehensive estate plan can protect your interests and your family’s future. When you work hard to earn a living and obtain assets, it’s natural to want to pass them down to your children or dependents when you pass away.
Portland, Oregon Trust Attorney Answers, “Is it Better to Inherit Stocks or Cash?”
Inheriting any assets from someone’s estate could benefit a person financially. However, it can also create some challenges. Cash and stock inheritances come with various advantages and disadvantages. Although they provide the funds someone might need to pay necessary expenses or grow their portfolio, some complications could arise.
Why Moving Is So Hard for People with Dementia | Portland, Oregon Elder Law Attorney
Oregon elder law attorneys know that making the decision to move an elderly loved one into an assisted living facility is never easy. However, when your elderly parent or grandparent is struggling with Alzheimer’s or another form of dementia, the situation can be particularly challenging.
Oregon Elder Law Attorney: Three-Quarters of Middle-Class Seniors Priced Out of Assisted Living by 2033
In general, middle-income seniors have income and assets that make them less likely to qualify for Medicaid. At the same time, they may not have adequate resources to pay for the rising costs of housing and care options they need.
Portland, Oregon Probate Lawyer Answers, “What Happens If Your Partner Passes Away?”
If you have suffered the loss of your life partner, my heart goes out to you: few things in this world are quite as devastating. As an Oregon probate lawyer, I know grief can debilitate, and the ‘to-do’ list in the immediate aftermath can seem impossible to manage.
Portland Estate Planning Attorney on the Importance of Compassion When Estate Planning
Estate planning is an emotionally challenging task at every step of the process. Whether you are writing your own will, helping an older relative plan their estate, or serving as the executor of the estate of a deceased loved one, you must deal with all the feelings you have about your own death or that of someone close to you.
Portland, Oregon Estate Lawyer: Getting Your ‘Ducks in a Row’ for National Estate Planning Awareness Week
October 17th-23rd marks National Estate Planning Awareness Week, which is a key reminder of just how important estate planning is for everyone. Whether you are a 20-something new parent just starting out, a wealthy entrepreneur, or a senior citizen relying on others for long-term care, estate planning provides a solid legal foundation for protecting your family, your financial security, your wishes and your independence through all of life’s transitions.
Long-Term Care Costs Are Rising—Here’s What You Should Know | Portland Elder Law Attorney
Due to advances in medical technology, more Americans are living longer. In many ways, this is great news. However, this situation has brought about some significant challenges that all aging people now have to face. One of the most pressing concerns is the rising cost of long-term care. Understanding how to cope with the increase of this financial burden can make life easier both for you and your family.
Portland, Oregon Estate Lawyer on What You Need to Know About Decluttering and Downsizing for Your Loved One
It can be difficult to say goodbye to the things we own. Older adults might have an even harder time doing so because many of their possessions may hold decades of meaning or sentimental value, and the thought of parting with these mementos can bring up a lot of unexpected emotions.