Estate planning is often a deeply personal process, and it is one that many people work through independently with the help of lawyers and other financial professionals. However, individuals with mental health challenges may depend on support from loved ones to...
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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...
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...
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...
An estate plan should keep up with life changes
Only a small percentage of adults in Oregon have even the simplest estate plan in place when they pass away. Unfortunately, many who do take the step to write a will or establish a trust make a critical mistake. They fail to review their estate plans and revise them...
Common mistakes in estate planning
Creating a will is an important document that determines the fate of your assets after your death. To ensure your wishes are met, and your beneficiaries can claim what you have designated for them, be sure to avoid these common mistakes when planning your estate:...