Estate Planning Services
We are estate planning attorney’s who specialize in wills, trusts, Powers of Attorney (POA), advance directives, special needs planning, etc.
What Is Estate Planning?
Estate planning is the process of arranging your legal, financial, and personal affairs to ensure your wishes are honored in life and after death. At a minimum, a solid estate plan includes a Will, Power of Attorney, and Advance Directive, and may also involve creating a Trust. This legal preparation ensures your wishes are documented and recognized by the law.
Our Estate Planning Services
Tailored Estate Planning Solutions in Portland, OR
- Wills: Define how your assets will be distributed and who will be responsible for your estate.
- Trusts: Ensure your assets are managed according to your wishes, potentially avoiding probate and reducing estate taxes.
- Powers of Attorney: Designate a trusted person to manage your financial and legal matters if you become incapacitated.
- Advance Directives: Document your healthcare preferences to ensure your medical treatment aligns with your values and desires.
- Special Needs Planning: Create a plan that addresses the unique requirements of family members with special needs, ensuring their care and financial security.
The Importance of Early Estate Planning
Plan for the Unexpected – Secure Peace of Mind
As we live longer, the risks associated with aging, such as dementia and other incapacitating conditions, increase. Thoughtful estate planning helps protect your autonomy and dignity, providing clear instructions for your care if you can no longer make your own decisions.
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Legal Expertise:
Estate planning involves various legal instruments, such as wills, trusts, powers of attorney, and healthcare directives. We specialize in estate planning, ensuring that your documents comply with the ever-changing state and federal laws. We can help you navigate intricate legal requirements, minimizing the risk of costly errors and potential disputes.
Customization:
Every person’s financial situation and family dynamics are unique. We will take the time to understand your goals and circumstances, allowing for the creation an estate plan that suits your individual situation.
Asset Protection:
We can assist you in structuring your estate plan to protect your assets from potential creditors, lawsuits, and taxation. Our experience can also help you employ strategies to minimize tax liabilities.
Avoiding Probate Delays:
Probate is the legal process through which a deceased person’s assets are distributed. It can be time-consuming and costly. We can help you explore options to minimize or avoid the probate process, allowing your beneficiaries to receive their inheritances more quickly and efficiently.
Conflict Resolution:
When estate plans are unclear or disputed, it can lead to conflicts and legal battles. We can help you draft clear and legally sound documents that minimize the chances of disputes among heirs and beneficiaries. In the event that a dispute arises, we can also represent your interests and work toward an amicable resolution.
Updates and Maintenance:
Estate plans need to be reviewed and updated periodically to reflect changes in your financial situation, family dynamics, and applicable laws. We can provide ongoing support and guidance, ensuring that your estate plan remains current and effective.
Peace of Mind:
Engaging a law firm for estate planning provides peace of mind, knowing that your affairs are in capable hands. It allows you to focus on enjoying your life without the constant worry of what may happen to your assets and loved ones in the future.
Frequently Asked Questions about Estate Planning
What documents are included in an estate plan?
A complete estate plan typically includes a Will, Power of Attorney, Advance Directive, and may also involve setting up a Trust.
Why do I need a Power of Attorney?
A Power of Attorney allows someone you trust to manage your affairs if you become unable to do so, ensuring your financial and legal matters are handled according to your wishes.
What is the difference between a Will and a Trust?
A Will outlines how your assets will be distributed after your death, while a Trust can manage your assets during your lifetime and after, offering benefits like probate avoidance and potential tax savings.
We're Here Whenever You Need Us
Serving the Greater Portland Metro Area, OR
Open Hours
Mon - Fri: 9AM - 5PM
