Oregon residents who are going through a divorce will need to understand how their different income streams can impact their financial status after the split. While property division negotiations over income might be straightforward if a person's income comes from a straight salary, there are other methods of compensation that can affect the result and make the negotiations more complex.
Now is the best time to make an estate plan
Most people in Oregon don't like to think about their mortality, which is why they may procrastinate when it comes to making an estate plan. In other cases, individuals might put off creating such a plan because they don't think that they are going to die or get sick anytime soon. However, it is generally in a person's best interest to do so as soon as possible as it could help protect them and their heirs.
