Posts Tagged ‘Oregon Estate Planning Attorney’

Big Law Firms Abandon Trust and Estate Planning

March 15, 2013 - by

Trust and estate planning may no longer be in the wheelhouse of larger law firms. Debevoise & Plimpton LLP, a prominent international firm, is the latest to drop its trusts and estates practice group.  The prevailing thought behind this decision is that Debevoise’s trusts and estates department simply didn’t bring in the same amount of […]

Guardianships in Oregon

March 12, 2013 - by

What is a guardian? A guardian is someone whom the court appoints to make decisions for a protected person.  A guardian may be appointed for a minor when a parent is unable or unwilling to care for a child, or a guardian may be appointed for an adult who is incapacitated.  Guardians do not typically […]

Alternatives to Probate in Oregon

March 1, 2013 - by

Probate isn’t always needed in Oregon.  Probate is merely a way to transfer assets and clear title.  Through advance planning, titling of assets through a trust or with survivorship rights can avoid probate by creating “non-probate property”.  Additionally, with the right circumstances and the right types of assets, property that would normally be subject to […]

What is probate? And should you avoid it?

February 20, 2013 - by

Many potential clients want desperately to avoid probate when their loved ones have passed.  Probate isn’t for everyone, but it also gets a bad rap sometimes, both by attorneys and clients alike.  Many have likely heard a second-hand story about probates gone wild, where assets were hung up unceremoniously by the court.  That can happen, […]

Edge of the Cliff: Changes to the 2013 Federal Estate Tax

February 12, 2013 - by

Good news!  We didn’t go off the cliff on January 1st.  Even better news, the American Taxpayer Relief Act of 2012 finally provided some certainty to the federal estate tax by making permanent changes.  Well, “permanent” meaning that, for now at least, these provisions will not lapse, sunset, expire, or otherwise disappear after an arbitrary […]

New Year’s Legal Links

December 31, 2012 - by

Happy New Year everyone!  Here are some legal links to ring in the new year.  Starting off in our neck of the woods, the data is in on Washington’s privatization of liquor: prices haven’t come down (which is evident to anyone who’s examined the hefty taxes that replaced state-controlled price markups). In case you missed it, […]

Do I need a will in Oregon?

December 10, 2012 - by

If you want to have a say in where your assets go after you die, then a will should be part of your estate plan.  Your will is not the only way to transfer property posthumously, and depending on your estate planning goals you might accomplish your plan with a trust, family LLC, transfer on […]

How to hold title to real estate in Oregon

November 28, 2012 - by

In Your Individual Name This is the simplest and most common way property is held, but it is not without its shortcomings.  Property titled in your name only can only be controlled by you.  This may not be a problem so long as you are in good health and of sound mind, but if you […]

How often should I update my will?

October 30, 2012 - by

There is no hard and fast rule, but as a guideline, you should revisit your will (and entire estate plan) at least every five years and every time you encounter a life changing event.  A life changing event could be one of the following: Change in relationship status (marriage, divorce, domestic partnership or long-term partnership) […]

Your Oregon Advance Directive

October 27, 2012 - by

WHAT IS AN ADVANCE DIRECTIVE? An Oregon advance directive is the means by which you can designate your health care representative and leave important instructions to your physician about when to use life-saving means to prolong your life.  For most people, the advance directive is an important and carefully thought out part of their estate […]