It is certainly a good idea for each of us to sign and maintain in effect a Power of Attorney. A Power of Attorney authorizes another person (your “agent”) to act for you in handling your financial affairs and property. Powers of Attorney can be either … [Read more...] about Should You Have A Power of Attorney?
Oregon has a new advance directive law. The new law, which was signed by Governor Kate Brown on March 16, 2018, creates a process to update Oregon’s 25 year-old advance directive form. An advance directive is a legal document that allows a person to … [Read more...] about Oregon’s New Advance Directive Statute
TO DO LIST: Oil Change Dentist Appointment Take Fido for checkup Whether we think about it or not, most of us work off mental checklists to help us take care of those things in our lives that need occasional attention. Here’s one thing you … [Read more...] about Keep Your Estate Plan Up To Date
Introduction Parents who have an IRA are concerned with the possibility that they will die simultaneously and the IRA will be left to their children. Another issue is that the single parent or the surviving spouse may only have minor children who would … [Read more...] about Designation of a Minor as an IRA Beneficiary
Estate Planning is More Complex if You Live in Oregon and Have a Large Retirement Plan For many people, the largest asset in their estate is their 401K, retirement plan or IRA. With recent changes to Federal Estate Tax Law increasing the exemption in … [Read more...] about Estate Tax Law