Succession planning advice often revolves around family issues and dynamics, but for many businesses, stakeholders outside of the family may also come into play. This is particularly true for those who have non-family members in executive positions within their...
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Month: November 2022
How to include an art collection in estate plans
In estate planning, objects with emotional value can often be some of the hardest to address. Art collections often fall into this category. Collections often carry a great deal of value in terms of the owner's taste and emotions, making them a less straightforward...
Tips for discussing a merger with employees
For a business owner, a merger can be great news, as it is a chance to grow the business, open up to new markets and increase profits. But, for employees, the news of a merger can be scary or off-putting. They may wonder what the future holds for them personally and...
Estate planning considerations for single people
Often, estate planning advice seems directed at individuals who are married with children. However, the reality is that many Oregon residents preparing estate plans are unmarried. Single people taking on estate planning have unique considerations and challenges. Here...
How to get a liquor license in Oregon
There are many types of businesses that may be interested in holding a liquor license, from breweries and distilleries to restaurants and pubs. To sell and serve alcohol as a business, it is necessary to apply for a liquor license from the Oregon Liquor and Cannabis...
A living will is different than a last will
The estate planning process enables an Oregon resident to create a plan to meet short and long-term goals in accordance with applicable state laws. One individual might choose to include a certain document that another omits. A last will and testament is perhaps the...
Helpful tips for the estate planning process
Planning for the future can be a complex and often emotionally-challenging process as it requires individuals to consider what they want to happen after they pass or in the event of incapacitation. Estate planning is a prudent step for all Oregon adults, regardless of...
Estate planning considerations after a spouse dies
Many married couples share finances, and their future plans and financial strategies are largely interdependent. When one dies, there are certain steps that the other party should take to ensure their estate plans still match that individual’s intentions and goals....
Estate planning considerations for single people
Often, estate planning advice seems directed at individuals who are married with children. However, the reality is that many Oregon residents preparing estate plans are unmarried. Single people taking on estate planning have unique considerations and challenges. Here...
Setting up a special needs trust for a disabled child
Parents of special needs children have a number of additional considerations when it comes to estate planning. For many families, children with special needs continue to depend on their parents financially into adulthood. Many also live with their parents as a...
