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When a testator creates a will, it is one of the most essential estate planning steps that they can take to make sure that their loved ones are protected and supported after their death. But what else can they gain by taking the time to create and update a will?...
Many parents worry about their children's ability to handle an inheritance wisely. A spendthrift trust offers an innovative solution to protect family wealth from risky spending habits and outside threats. This special type of trust helps ensure your loved ones...
As a writer, your words are your legacy. Your stories, characters, and ideas have the power to touch lives long after you are gone. But what happens to your literary works when you are no longer here to manage them? Estate planning for authors is more than just...
When a loved one passes away, the last thing on your mind is dealing with legal battles. But what if the person responsible for managing their trust, the trustee, is not doing their job correctly? As a beneficiary, can you take legal action against them? There are...
Building a successful business takes years of dedication, hard work and personal sacrifice. As a business owner, you want to ensure your legacy continues even after you're gone. But what happens if you pass away suddenly without a will or clear instructions for...
Have you ever wondered how to ensure the distribution of your assets according to your wishes after you pass? A living trust might be the solution you are looking for. This powerful estate planning tool offers potential benefits, making it an attractive option for...
Many people think they do not have enough assets to warrant a plan. But the truth is, it is not just about the size of your bank account. It is about ensuring your loved ones receive care, no matter what the future holds. Why estate planning matters It is common for...
Estate planning involves more than just creating a will. As your life evolves, so should your estate plan. Your will needs regular reviews to ensure it accurately reflects your current wishes and circumstances. Updating your will protects your legacy and your loved...
Many Oregonians might overlook the importance of advance healthcare directives in their estate planning. These crucial documents specify your healthcare preferences if you become unable to communicate. Creating an advance directive ensures healthcare workers respect...
Most business owners want to protect their legacy. Those running a family business might want to ensure that the company passes on to the next generation and continues to thrive beyond their tenure. But what if your successors are not ready when the time comes? They...