A practical issue that is often overlooked when preparing an estate plan is deciding who will be in charge of disposing of your remains. People sometimes assume that their personal representative, trustee, or trusted loved ones will automatically … [Read more...] about WHO GETS GRANDMA’S ASHES?
Should You Have A Power of Attorney?
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’s New Advance Directive Statute
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
Keep Your Estate Plan Up To Date
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
Designation of a Minor as an IRA Beneficiary
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