It’s easy to think of Oregon estate planning trusts as one type of document. In fact, there are lots of different types of trust. Each has a specific use that can be beneficial to a set of circumstances. Talking about trusts is more like talking about a tool box: It’s a broad term that encompasses many different types of…
When it comes to your estate planning in Oregon, a trust may be the perfect solution you didn’t realize you needed. Trusts aren’t just for the wealthy either. Everyday Oregonians can benefit from having a trust as part of their estate plan. The reason is simple: At its heart, a trust is simply an agreement where assets are managed…
When someone passes away and you need to manage the affairs of their estate, it helps to have an Oregon estate checklist. From probate court to making public notice to creditors, ordering death certificates to canceling streaming services, those first weeks after someone passes away are full of tasks big and small. In the first 24 hours During that…
How long does probate take in Oregon? At a minimum, 5 months, but 6-9 months is a more typical, realistic timeline. Often probate can take longer. Let’s look at what probate is, and why it takes months—or sometimes even years—to conclude. What is probate? Probate. The word alone can sound intimidating, but probate doesn’t have to be scary. Is…
Understanding the will executor duties in Oregon has its complexities, but it really boils down to one essential rule of thumb: Do nothing until your attorney says it’s okay. Don’t misuse your powers over the estate Being named in the deceased’s will does not automatically give you power over the decedent’s property. The probate court needs to appoint you…
Your estate plan always needs a will. Sometimes you need a trust too. Here are some key differences. When it comes to making or updating your Oregon estate plan, the difference between a will and a trust becomes important. After all, odds are you’ve at least heard of both wills and trusts (such as revocable living trusts). However, each…
Divorce makes so many impacts on your life and finances, but estate planning can be an easy one to overlook. However, divorce marks a need for estate plan overhauls, from your will’s beneficiaries to who holds your power of attorney. Here are things to consider before, during, and after your divorce. The effects of divorce ripple throughout your life,…
Evictions in Oregon are a complicated part of being a landlord. However, understanding the ins and outs of no cause and just cause evictions is essential to managing property in Oregon. It’s also key to preventing legal problems or financial losses due to not understanding, or failing to comply, with Oregon eviction law. In Oregon, there are two types…
Wrongful eviction mistakes can result in tenants suing for damages. They may get to remain on the property, while illegal eviction could result in your removal from the estate. Need to evict from a property in an estate? Here’s what not to do and what to be aware of. Eviction limitations due to COVID-related moratoriums Due to eviction moratoriums,…
You didn’t intend to be a landlord. Yet one way or another, suddenly you discovered you had become an Oregon accidental landlord, complete with property—and tenants. What now? What to do when you inherit property from an estate Inheritance can make you an Oregon accidental landlord Accidental landlords most commonly come about due to property inherited from someone’s estate….
