There may be several reasons you might want to add your child as joint owner with you on an account or real property. You may want your child to be able to help manage your assets and pay your bills… Read More
You have the ability to control where your assets go after you pass away. Either a will or revocable living trust allows you to designate beneficiaries to receive your estate… Read More
Receiving an inheritance can be a mixed blessing. If you have a judgment against you there is little you can do to protect property you have inherited… Read More
In Oregon, you must be eighteen or be married to make a will. You must also have capacity or be ‘of sound mind.’ Whether you need a will depends on your circumstances… Read More
Establishing a revocable living trust can offer several benefits, but only if the trust is administered properly… Read More
A Durable Power of Attorney for Finances is an important estate planning tool. A power of attorney allows a person (‘Principal’) to appoint a person you trust to conduct financial business for you… Read More
Understanding the difference between types of trusts can guide you in selecting the one that best meets your needs. A revocable living trust is a trust that is established during your lifetime… Read More
Determining capital gains tax exposure requires answering a few basic questions. First, what is your cost basis in your home… Read More
A second marriage can add an additional layer of complexity to estate planning. There may be children from previous marriages and also the second marriage… Read More
Ensuring your assets go to your intended beneficiaries is important. Retirement accounts such as 401(k)s or IRAs, annuities, and life insurance policies are controlled by the beneficiary designation you have selected… Read More