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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...
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...
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...
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...
Pets are more than just animals – they're loyal companions, confidants and beloved family members. But have you ever wondered what would happen to them if you were no longer able to provide care? This is a concern that resonates with many pet owners, and fortunately,...
Creating an estate plan can be a great way to safeguard your family's future and protect your assets. However, even carefully crafted plans could spark family disputes after your passing. Misunderstandings, unclear wishes, and unfair asset distribution might fuel...
It is a widely held belief that estate planning is only for the wealthy and elderly. In fact, only about 33% of Americans have the proper documents established to protect their legacy and their loved ones' future. However, estate planning is crucial for everyone,...
Estate plans usually indicate people's wishes regarding their assets after death. However, specific estate planning tools have other purposes. Certain types of trusts, such as income cap trusts, could help provide individuals with ways to maintain eligibility for...