When creating a trust, there are many different issues you have to consider. Whether setting up an estate plan for yourself or on behalf of a loved one who has a disability, a special needs trust could offer a number of benefits. For example, this strategy could allow...
Keeping You On Track As To Your Legal Matters
Year: 2023
Who are the parties to a deed of trust?
Real estate transactions do not only consist of mortgages. Some people buy a property using a deed of trust. Oregon is one state that allows this kind of transaction. While similar to a mortgage, a deed of trust involves three different parties. Before you enter into...
What is a breach of contract?
When you want to buy a home or transact with another business for products and services, you may enter into a legal agreement or contract. Doing this protects your interests and sets out a framework for the terms and conditions of the arrangement. What happens when...
Who could benefit from a spendthrift trust?
One of the benefits of a trust is that there are different types of trusts you can create. If you do not feel comfortable giving your children a lump sum inheritance through a traditional trust, a spendthrift trust could be the solution. Smart Asset explains that a...
FAQs about business valuation
Whether you are getting your estate plan together or have thought about selling your Oregon business, the topic of business valuation has probably come up a time or two. If you are unsure where to start, here are some common questions about business valuation. What is...
How to handle issues with vendors
An issue with a vendor can easily turn into a bigger problem. You should take steps to handle the situation as soon as possible. The best course of action is to keep the lines of communication open as this is often enough to resolve any issues and prevent...
When could I lose my earnest money deposit?
You may believe that you have found the home of your dreams. However, the property might show some problems after you have made your offer to the seller. Given that your earnest money deposit could be a hefty sum, you probably fear losing your deposit by withdrawing...
What is an executor’s duties?
When making your estate plan, you will want to figure out who to give executorial duties to. You may already have a person in mind, even. However, you should consider the duties they must complete before you make your final choice. Handling post-death matters Forbes...
Pros and cons of having an LLC taxed as an S Corp
When you launch an Oregon business, you have options when it comes to how you incorporate it. Different business structures offer different benefits and drawbacks, and many people in your shoes find themselves wavering back and forth between establishing a limited...
3 times when you should update your estate plan
Creating your estate plan is an important process, especially when you have specific needs for the distribution of your assets. Many people believe that estate planning is a one-time thing. You might wonder if you need to do anything with your estate plan after you...