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Estate planning with multiple children in the mix can be challenging at times. Children can have disparate values, life goals, and financial situations. Some may be suitable powers of attorney and executors, while others may be less so. Considering all of this, along...
For many people putting together estate plans, trusts and trustees are important tools. Trust can help people be more specific about where assets go after they pass away, as well as potentially saving beneficiaries time or money when it comes to estate execution. In...
For Oregon pet owners, there is no question the four-legged companions they live with are truly family members. For this reason, it is increasingly common for people to consider the fate of their furry friends as part of estate planning. Here are three considerations...
One of the most important and emotional aspects of estate planning for parents is selecting guardians for their children. This task is important, as it ensures someone is named to care for the children if both parents are incapacitated or have passed away. Those who...
There are many Oregon businesses where serving alcohol is a key part of the business model - Restaurants, bars, venues, and breweries to name a few. For alcohol to be consumed in a business, however, there are certain legal requirements that must be met. Specifically,...
When a loved one dies, it can be a confusing and traumatic time for those who were close to the deceased. Unfortunately, most people in America complicate the situation more by neglecting to create an estate plan before their death. In fact, almost 70% of adults in...
Many people have heard about trusts as part of estate planning, but they are not always well understood. While trusts can be a complicated topic, they are a wise tool in structuring estate plans for many Oregon residents. This is especially true for those with larger...
Often, Oregon business owners understand the importance of succession planning but end up leaving it to “someday.” After all, busy business owners can have so many immediate, pressing matters to attend to. However, the truth is that leaving succession plans until...
Maintaining strong, above-board communication with investors makes business sense. Besides the fact that it can keep value strong and keep lucrative relationships afloat, clear communication with investors is a legal requirement for businesses. Here are some tips...
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...