On behalf of Healy & McCann, PC | Dec 27, 2019 | estate planning
According to a 2017 study, only one-third of Americans have a living will. This is in spite of the fact that all 50 states have recognized the validity of such a document since 1992. A living will allows an individual to dictate the types of treatment that he or she...
On behalf of Healy & McCann, PC | Oct 2, 2019 | estate planning
Oregon residents and others who use beneficiary designations should take steps to ensure that they don’t derail other parts of an estate plan. While taking assets out of an estate might avoid the need to go through probate, it may also leave insufficient funds...
On behalf of Healy & McCann, PC | Sep 12, 2019 | estate planning
It isn’t uncommon for Oregon residents to have both a will and a trust as part of their estate plan. Typically, the majority of assets will be controlled by either a will or a trust. By putting assets in a trust, it may be possible for an estate to avoid going...
On behalf of Healy & McCann, PC | Aug 13, 2019 | estate planning
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...
On behalf of Healy & McCann, PC | Jul 30, 2019 | estate planning
For those Oregon residents who have a mind towards and plan for the future, retirement savings and estate planning are two essential components. An IRA is a popular choice to save and grow retirement funds. The funds designated for the IRA are pre-tax dollars, which...
On behalf of Healy & McCann, PC | Jul 22, 2019 | estate planning
New parents have plenty of things to worry about. You are trying to adjust to a new sleep schedule (or lack thereof), setting up a new routine and getting to know your new favorite person. Even if you have started thinking your baby’s college fund, you probably...
On behalf of Healy & McCann, PC | Jul 17, 2019 | estate planning
Oregon residents who are developing their estate plans should know that the inclusion of a trust could be beneficial to their plans. A trust is a legal agreement between a settlor and a trustee; the agreement is for the trustee to receive, protect and manage the...
On behalf of Healy & McCann, PC | Jun 27, 2019 | estate planning
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. It differs from a medical power of attorney, which...
On behalf of Healy & McCann, PC | Jun 19, 2019 | 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,...
On behalf of Healy & McCann, PC | May 13, 2019 | estate planning
Hesitancy, misconceptions and sometimes even a bit of fear. That is the emotive take of many people — both in Northwest Oregon and across the United States — when they turn their thoughts to estate planning. We get that at the established Albany law firm...
