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Creating an estate plan is something that you may not be looking forward to doing, but it’s critical so you can outline your wishes for your loved ones. There are several things that you need to think about when you’re getting ready for this. One of them is to...
A financial power of attorney (POA) is a legal document that allows someone else to manage your finances if you cannot do so yourself. In Oregon, this can be a helpful tool for both short-term and long-term planning. It allows someone you trust to handle your...
Finding out that a deceased loved one has named you as their executor can feel overwhelming, especially during a time of grief. This important role puts you in charge of carrying out someone's final wishes and handling their assets according to their will. Taking on...
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...