On December 20, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act). The SECURE Act, which is effective January 1, 2020, makes sweeping changes to the laws governing retirement plans. Here are … [Read more...] about Retirement Plans and the SECURE Act
In 2019, the Oregon legislature modified the rules for administering “small estates” of persons who die on or after January 1, 2020. By way of introduction, an estate is a “small estate” if the total value of the assets that need to be administered … [Read more...] about New Rules For Oregon “Small Estates”
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?
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