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Portland Oregon Estate Planning News

Can a Person with a Life Estate Rent the Property to Others? A Perspective from a Portland, Oregon Will Lawyer

As a Portland, Oregon will lawyer, one question I often receive is whether a person with a life estate can rent the property to others. A life estate is a type of legal arrangement in which an individual, known as a life tenant, is given the right to use a property for their lifetime. After the life tenant passes away, the property then passes to the 'remaindermen' named in the deed or will.

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Portland, Oregon: Why Knowing How to Take Title to Real Property Matters

If you're in the process of buying or investing in real estate, you've probably come across the term "taking title." It may sound technical, but understanding how to take title to real property is essential for protecting your interests and ensuring a smooth transfer of ownership. In this blog post, we'll explore why knowing how to take title matters and discuss the different options available to you. Let's dive in!

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When the Personal Representative (Executor) Isn't Meeting Expectations: How to Handle Mistakes in Estate Administration in Oregon

The personal representative (commonly known as an executor) of an estate plays a crucial role in managing and distributing a person's assets after they pass away. But what happens when the personal representative is making mistakes or failing in their duties of estate administration in Oregon? It's a delicate and stressful situation, but one that can be addressed legally and ethically. Here's a guide from our Portland, Oregon probate attorney.

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Portland, Oregon: The Importance of Working with the Right Estate Planning Lawyer

When it comes to planning for the future, especially when it involves your assets and loved ones, having the right guidance and expertise is crucial. This is where an experienced estate planning lawyer in Portland, Oregon comes in. Whether you're creating a will, setting up a trust, or navigating complex estate laws, working with the right estate planning lawyer in Portland, Oregon can make all the difference. In this article, we'll explore the importance of finding the right lawyer to help you protect your assets and ensure your wishes are carried out.

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[Real Estate] The Basics of Estate Planning: A Guide for Real Estate Agents in Portland, Oregon

Hey 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!

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Safeguarding Your Future: Legal Tips from Portland, Oregon Will Lawyers for Unmarried Seniors Cohabiting

As we age, companionship and shared responsibilities become more valuable. Many seniors are choosing cohabitation over solitude for mutual support and to cut costs. However, this arrangement brings about some legal nuances that need addressing. Here, our Portland, Oregon will lawyer delves into the necessary legal steps for unmarried seniors living together.

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Pros and Cons of Adding an Adult Child to a Bank Account: A Guide for Portland, Oregon Seniors

Are you a senior who is contemplating adding an adult child to your bank account to help manage your finances? It may seem like an easy solution for getting assistance with bill payments, but it's crucial to weigh the pros and cons before taking action. Our Portland, Oregon elder law attorney is here to guide you through this decision.

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[Real Estate] Taking Title: How Living Trusts Can Help Avoid Probate and Protect Your Assets

Real 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!

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Portland, Oregon Trust Attorney Offers Key Considerations for Opening a Bank Account in the Name of a Trust

A trust is a valuable estate planning tool that offers flexibility and control over the distribution of your assets. One essential aspect of managing a trust is opening a bank account in its name. This article will explore the key factors to consider when opening a trust bank account, including the required documentation, account types, and potential tax implications.

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Essential Advice from a Portland, Oregon Elder Law Attorney: How to Intervene When an Older Loved One Becomes an Unsafe Driver

Are you worried about the safety of an older loved one on the road? If so, you are not alone. Countless families face this issue every year, and it can be devastating for both the senior and their loved ones to deal with. The senior is often forced to confront the reality of losing their independence, while the adult child may need to cope with conflicting emotions such as fear of retribution from the parent, anxiety about assuming responsibility for their transportation, and concern for their safety and that of others on the road.

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