Your estate plan shouldn’t be a secret. According to CNBC, a poll found that 32% of people between the ages of 18 and 34 got a will because of COVID-19. It’s good that the pandemic is prompting people to tackle their estate plans, but if the pandemic is also...
What happens when you die in debt? It’s a question that more and more Americans are probably asking themselves. According to Experian, U.S. consumer debt reached a record high of $14.1 trillion in 2019. This total includes $9.6 trillion in mortgage loans, $1.4...
You create an estate plan to protect your assets and your heirs – but what if you end up being scammed in the process? Unfortunately, there are some bad actors out there, and many of them would love to get their hands on a person’s life savings. Watch out for these...
When someone dies, that person’s estate typically passes to any surviving spouse, children, or other close relatives. If a person dies intestate – without a will – the estate will likely be distributed this way under state law. But what if you don’t want one of your...
Recent events have shown Oregonians the importance of emergency planning. If you’re healthy and safe now, that’s good – but it doesn’t mean it’s time to relax. Another emergency will come, and you should take steps now to prepare for it. Develop an Emergency Plan Do...
What happens if one spouse disinherits the other? The answer, as with many complex legal questions, is that it depends. In Oregon, however, surviving spouses have the right to what is known as the spousal elective share. Key Terms to Know Before diving into the Oregon...