Basic Estate Planning
No matter your net worth, it is important to have a basic estate plan in place to ensure that your property and financial assets are not distributed contrary to your wishes or wasted after you die. At a minimum, an estate plan typically consists of a will, a power of attorney assignment, and a health care proxy or living will. Beyond these basic elements, a trust may be necessary in some cases. Your assets include your investments, retirement savings, insurance policies, real estate and possibly your business interests. Three questions naturally arise: Whom do you want to inherit your assets? Whom do you want handling your financial affairs if you’re ever incapacitated? Whom do you want making medical decisions for you if and when you become unable to make them for yourself. Inheritance can be an emotionally loaded issue. Discussing your estate plans with your heirs may prevent family disputes and confusion. Be clear about your intentions and you will reduce the likelihood of conflicts after you’re gone.
People with sizable estates are even in greater risk of loss of control and loss of assets if they do not create an estate plan. Planning for such estates has become quite complicated. Having a trusted and competent estate-planning lawyer is essential if you wish to protect as much of your assets from federal and state taxes as possible. An estate planning lawyer can create legal documents, offer advice, keep your estate plan current with new laws and help administer the disposition of assets when needed. Don’t delay, take stock of your assets, consider your loved ones and call me today.
If you choose me as your lawyer, I pledge to work with you to set and accomplish your goals by whatever means are necessary. Protecting and furthering your interests will be my chief concern. You may initiate contact with me through this web site, which is a secure means of communication. Simply click on the Contact menu and fill out and submit the email form in the right side bar. Alternatively, you may call me directly at 503-686-0981. Note that my two offices are conveniently located in Hillsboro and in Tualatin, Oregon, and I serve the Hillsboro, Beaverton, Tigard, Tualatin, Sherwood, and Lake Oswego communities. I look forward to meeting you and working together with you to solve your legal problem.