Several studies have found that divorce rates for people over age 50 have doubled over the last two decades. The trend has become so prevalent across the nation it has its own name – “gray divorce.”
The role of a durable financial power of attorney
Some people in Oregon may want to use a durable financial power of attorney as part of their estate plan. This document appoints someone to manage a person's finances if that person becomes incapacitated.
Digital assets and estate planning
Oregon is one of several states that has adopted the Uniform Fiduciary Access to Digital Assets Act, but this does not mean that a person still does not need to take steps to deal with digital assets as part of an estate plan. Digital assets may include email, photographs, subscriptions, memberships, web sites, social media accounts and more.
