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Starting a business is an exciting step, but success depends on more than a great idea. The foundation you build at the beginning can shape how your business grows and operates over time. Proper business formation ensures that your venture is legally recognized and...
One of the first decisions small business owners have to make is what type of business structure they’re going to use. This sounds like it’s just a technical decision, but it’s actually the foundation that determines how your business will function. The structure of...
Creating a will is a good way to direct how your assets are distributed. This can be very helpful with financial assets and family heirlooms. It demonstrates how you want your assets to be passed to specific beneficiaries, helping ensure that your wishes are followed...
Brand recognition is important for a company’s success. When consumers recognize the name of a business or its most popular products, brand loyalty often follows. Companies with successful brands often trademark logos and brand names to prevent infringement by...
Trust administration can be a lengthy process. Some people fund trusts to distribute their assets after they die. Other people may create a trust with the intention of providing an intergenerational legacy. A trustee has numerous obligations for the duration of trust...
Telling your loved ones about your estate plan is something that is widely recommended. While some people find the thought of talking about an inevitable death painful or talking about money uncomfortable, there are a lot of benefits to doing so. For example, it...
Partners starting a new business together have to negotiate a thorough contract. Partnership agreements may discuss job responsibilities, financial investments and profit-sharing arrangements. They may also need to include buy-sell agreements. While partners might...
Planning for the future is one of the most responsible decisions you can make for yourself and your loved ones. While estate planning covers a broad range of topics, one area that often catches people off guard is joint property ownership. Though it may seem...
Wills are important documents, and they generally need to conform to state standards to serve their intended purpose. There are several requirements imposed on testators drafting wills in Oregon. The document needs to include appropriate testamentary language. The...
Stepping into the role of a trust administrator can feel overwhelming, especially if this is your first time fulfilling this role. Oregon’s trust laws provide a structured framework to guide you, but understanding the key duties and legal requirements is essential...