When setting up an estate plan, many Oregon residents turn to revocable living trusts to hold funds for their beneficiaries. Revocable trusts have several notable features that you should consider when weighing your alternatives. How revocable living trusts work...
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Month: February 2022
Understanding how debt works when working with estate planning
One of the primary goals of an estate plan for Oregon residents is bypassing the probate process as much as possible. Probate essentially exposes certain personal assets to creditors and tax assessors following the passing of a primary asset holder, and many times...
The pros and cons of an LLC
Entrepreneurs in Oregon and around the country have traditionally formed corporations to limit their liability and protect their personal assets, but limited liability companies have become extremely popular in recent years. An LLC provides the same asset protection...
What to do when a loved one passes away
Estate planning is an overwhelming process to go through while in the midst of the grieving process if an Oregon loved one passes away. Life continues moving on when tragedy strikes, sometimes seemingly without you, and you must continue with the challenging and...