Setting up a trust is only the first step. Oregon trusts have to be managed and closed properly too. Setting up a trust to benefit people and organizations can be an integral estate planning tool in Oregon. However, establishing the trust is only the first step. When it’s time to evaluate the trust’s assets and distribute them, trust administration…
Relying on AI to draft Oregon legal documents has pitfalls that could wreck your estate The influence of ChatGPT and other artificial intelligence, or AI tools, is only just beginning to be felt throughout society. AI tools are powerful and likely will transform industries and interactions in many ways. They also aren’t ready to take over setting up your…
Legal guardianship solutions are available for minor children and incapacitated adults It’s never easy emotionally when you realize that an adult in your life is becoming incapacitated, or when a minor child needs someone other than a parent to manage their safety, care, and life decisions. Fortunately, Oregon offers different types of legal guardianship as a means to assist…
In Oregon, a typical estate takes 6-9 months to complete probate. If you expect to receive a bequest, that time can feel like it moves far too slowly. You might also be aware of companies that offer an inheritance advance, giving you a lump sum faster… but at a cost. An inheritance advance can be tempting, but is it…
Oregonians can use this specialized trust for a taxpayer spouse who is not a US citizen Love might not know boundaries or citizenship, but taxes do. Surviving spouses can be eligible for estate tax exemptions. However, a spouse who is not a US citizen is ineligible and may face much higher estate taxes. When providing for a spouse who…
Understanding what a guardian is and what a conservator is You might have seen it on a permission or a release form: “parent or guardian.” Or perhaps headlines about someone being in a “conservatorship” has piqued your interest, but also stirred up your confusion. After all, what are guardianships and conservatorships in Oregon? Are they for health? Finances? Adults?…
Who you include, exclude, and don’t mention in your estate can make all the difference in whether someone receives a bequest or is left out of your will When people consider whether or not they need an Oregon will, or who to include and exclude in their estate, it can get confusing. For example, do you need to mention…
Keep these legal matters in mind as you plan to grow your craft beverage business No matter when, where, or how you started your craft beverage business, you’ve made gains and realized that you’re ready to scale up your startup brewery, winery, distillery in Oregon. Strategizing your growth isn’t just a matter of production. Legal considerations come into play…
Grief has emotional and pragmatic sides. An estate plan helps you work through both Estate planning isn’t just about the pragmatic nuts and bolts of what to do with your property after you pass away. It can also help families prepare for and grieve loss healthily, especially when it involves kids and grief. This came home to me personally,…
Oregon landlords may face many difficult circumstances, but one of the most heart-wrenching and challenging can be when a tenant dies. Fortunately, Oregon law covers some aspects of this event, and others are up to your discretion. Landlord best practices in the event of tenant death The information below gives you some high-level understanding of what to do and…
