Many individuals in Oregon worry about whether their loved ones will end up with the burden of having to pay their estate taxes after they die. Fortunately, there may be a way to reduce them with an irrevocable life insurance trust (ILIT). Here’s what you need to know...

Most people's estates fall below the Internal Revenue Service's exemption limits, but some are well over the threshold. There are also estates right at the edge of the exemption amount. Taking legal steps to avoid the estate tax might benefit those wishing to protect...

Although there is no certain way to prevent fights, you can reduce the possibility of arguments occurring after your death. You should be transparent with your family and beneficiaries about what your estate plan is and whether you might adjust it over time. You...

All adults living in Oregon should undergo the estate planning process. This is is a necessity for not only determining who gets your assets but also to help ensure that your wishes are followed through on things like your medical treatment in the event you're...

When you die in Oregon, your beneficiaries will receive your estate according to the stipulations in your will. If everything goes as planned, future generations can use the assets that you accumulated during your lifetime. There's just one hitch: your beneficiaries...

If you have an annuity or a life insurance policy, you likely have heard of beneficiary designations. A beneficiary designation reduces the costs and time that would be used in the probate process. In Oregon, many assets pass through beneficiary designations rather...

Nobody wants to think about their last days on earth. However, legal experts in Oregon and around the nation recommend that people take on this very difficult subject for the sake of their family and their own health. Even if you don't want to sit down and craft an...

You just experienced one of life’s biggest changes and greatest joys: the birth of your child. Young parents in the Albany area have much on their mind, and estate planning may seem like something they do not need to worry about for decades. However, new parents will...

Almost everyone will encounter estate planning issues at some point in their lives. They may have to process a parent’s estate, distribute an inheritance, or simply plan and prepare their own last will and testament. Despite the fact that so many people brush up...

It's an unfortunate truth that time does not stop and everyone eventually grows older. For that reason, it is important that all Oregon residents plan for the future and set up support for themselves and their loved ones with estate planning. Most people tend to think...