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Business transition in Oregon: Is smooth succession possible?

Business transition in Oregon

Selling an Oregon Business in Linn, Coos, Douglas, Lincoln, Benton, Deschutes, or Lane county? Schedule a FREE consultation with Eugene-based business attorney Megan Salsbury today No matter the circumstances, transitioning a business for succession or other ownership change in Oregon can be tricky. Some things may not go smoothly. Problems may crop up along the way. Plus, Oregon, like…

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Coronavirus/COVID-19, Oregon Estate Planning, and You

Oregon estate planning coronavirus

Eight people dead. 209 confirmed cases (as of Mar. 24, 2020). Coronavirus/COVID-19 is a reality in Oregon. We hope that social distancing and other measures will help curb the spread of the disease. In the meantime, now is the time to review and update your Oregon estate plan. Or, if you don’t have an estate plan, now is the…

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Oregon operating agreements: Is your business running the way you want?

Establishing an operating agreement for your Oregon business is just good business sense

Day-to-day business runs more smoothly with a current operating agreement The state of Oregon doesn’t require businesses such as LLCs to have an operating agreement, but smart businesses have one regardless. Besides, the state might not require an operating agreement, but your lenders and investors probably will. Plus, running a business has more than enough day-to-day challenges. Your key…

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Is Your Power of Attorney Up to Date?

power of attorney

One important estate planning document is a durable power of attorney. This document gives another individual the authority to make financial and legal decisions for you if you become incapacitated and cannot make decisions for yourself. This document is “durable” because the authority persists even after your mental incapacitation. Choosing the right power of attorney is critical to preserve…

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Business Law FAQ

business law FAQ

Eugene is home to companies of all sizes and types, and these business owners regularly have many legal questions and concerns. Below are some common questions about our business law lawyer in Eugene and the services we provide. What types of clients do you help? Our business law firm assists many types of companies and clients, including: Startups and…

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Estate Planning FAQ

estate planning FAQ

Ensuring you have a complete and appropriate estate plan can be a complex task. It is important to have the guidance and assistance of an experienced estate planning lawyer in Eugene throughout the process. The following are just a few of the questions people frequently have about estate planning. Do I need a will? If you are 18 years…

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Have a Carefully-Drafted Buy/Sell Agreement for Your Business

buy/sell agreement

When you own a company with others, you should always have a carefully negotiated and drafted operating agreement governing how you run the business together. Another important contract you should have all of the owners sign is called a buy/sell agreement. A buy/sell agreement may sound like you are getting ready to purchase or sell a company. However, this…

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Estate Planning When You Have Children

estate planning lawyer

While it is a wise idea for any adult to have a comprehensive estate plan, it is especially important to have one if you have a young child. Many estate planning documents help to plan for your children’s futures should something happen to you. Discuss your needs with an experienced estate planning lawyer in Eugene right away. Draft a…

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What is an Irrevocable Life Insurance Trust?

irrevocable life insurance trust

Many people purchase life insurance policies to protect their loved ones if something happens to them and they pass away. Beneficiaries can use life insurance benefits to cover funeral and burial expenses, pay off debts, cover expenses after lost financial support, pay for college tuition or other large expenses, and more. However, did you know that life insurance policies…

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