Conscientious Estate Planning For Oregonians
Our readers may have heard about legislation being considered by state lawmakers that would raise the exemption threshold for the Oregon estate tax. Oregon’s estate tax is considered among the most onerous of the estate taxes levied by 11 states and the District of...
An estate plan can create the framework for a meaningful legacy after a person dies. Estate planning can also provide support to the people left behind after a tragedy. Testators may want to reduce what property becomes part of their estate and passes through probate...
Financial powers of attorney designate an agent to oversee an individual's bills and financial obligations during an emergency. When a person cannot manage their own affairs, the agent or attorney in fact they selected can assume responsibility for paying their bills,...
Blended families are relatively common. With divorce rates remaining relatively high, remarriage and the combination of families from prior relationships are regular occurrences. Blended families have unique legal concerns to address, especially if one of the parents...
Estate planning generally involves identifying resources, choosing beneficiaries and drafting legally-sound documents. Valuable resources often require more careful consideration than basic personal property. Business holdings, including professional practices, family...
During estate planning, people try to provide for their loved ones and protect their valuable resources. Many testators establishing their initial plans focus on protecting specific assets. The primary residence of the testator may be their most valuable possession....
A significant percentage of American adults do not have an estate plan. While they may have different reasons for not starting estate planning, some are more common. So, what are the “excuses” Americans give for not having an estate plan? Here are three of them:...