A Simple Will is one of the most frequent topics people are interested in learning about when contacting me. My website gets lots of traffic from people searching Simple Will in Google and it is a subject many people ask about whether on the phone or during our first meeting.
Unfortunately, money has a habit of bringing out the worst in people, even in the best of families. One of the most important reasons to get your Oregon Estate Plan handled is to avoid possible family conflict. Yet, without the right counsel, your estate plan could actually cause conflict!
Here’s what to do to make sure that’s not the case for your family:
A Will is one of the most basic Oregon estate planning documents. You need a Will so there is no question about what would happen to your assets and children if something happens to you. Sometimes an Oregon Trust is better than a Will. Here are six cases when having a trust in addition to a Will is imperative:
Most everyone I meet with is at some level concerned about estate taxes; or as many call them "Death Taxes." People I meet with will often say something like, "I don't want Uncle Sam taking everything I've worked a lifetime to save." More on that in a bit.
I represented a gentleman named as the personal representative in his aunt's will. It was his understanding of my client and his family that this was a "Simple Will." While the Will was very basic, he soon found out that there was nothing "Simple" about it. I did not know the aunt and I had not prepared her estate plan.