Settling an estate in Oregon can be a complex process. Whether you need an attorney depends on the size and complexity of the estate and your understanding of probate laws. In Oregon, probate is typically required for estates valued over $200,000 for real property or...
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Year: 2024
7 key steps for estate planning in Oregon
Estate planning is essential for managing your assets and ensuring their distribution according to your wishes after passing. Here are seven key steps to help you create an effective estate plan in Oregon. 1. Identify your assets Begin by cataloging everything you...
Resolving business disputes in Oregon: 3 practical steps
Disputes are common in business and can disrupt operations if you don’t handle them well. Whether it's a disagreement with a supplier, a customer, or within the company, finding a resolution is crucial. Learning what to do to resolve a dispute can help you improve...
What to know about easements when buying property in Oregon
Easements are legal rights allowing someone to use another person's land for a specific purpose. When buying property with existing easements in Oregon, you need to understand how these rights affect your ownership and use of the property. Ignoring easements can lead...
Avoid these common mistakes when buying your next home
Buying a home is a significant decision that requires many steps. Ensuring you make informed choices can save you time, stress, and money. Not getting mortgage approval first One of the first steps in buying a home is getting approved for a mortgage. Knowing your...
Mergers and acquisitions: What you need to know
When companies merge or one buys another, it's called a merger or acquisition (M&A). These transactions are vital for business growth. To start, understanding the legal implications and making strategic decisions are essential. Legal considerations There are rules...
4 common misconceptions about estate planning
People thinking about estate planning often come to several false conclusions about it. This issue can then lead to confusion and improper planning. Understanding these common myths is important for anyone worried about their assets and well-being. 1. Estate planning...
Earnest money vs. down payment: what’s the difference?
When purchasing a home, you'll encounter the terms earnest money and down payment. Both involve a financial commitment, and they serve distinct roles in the transaction process. Earnest money Earnest money is often referred to as a "good faith deposit." It...
Legal considerations when starting a high-tech business
Creating a high-tech company requires more than having a great idea and technical expertise. One must also understand the legal factors involved in starting such a business. Every cutting-edge entrepreneur should be especially mindful of these pertinent legal matters....
The impact of divorce on your estate plan
Divorce significantly alters your life, including your financial and estate planning needs. As you navigate this challenging time, it’s important to understand how divorce impacts your estate plan and what steps you should take to ensure it reflects your new...