Most people hear about the federal estate tax, but what about Oregon's estate tax? In this episode, we review the Oregon estate tax, help you determine if your estate will be subject to this tax, and offer a few planning opportunities you can do now to minimize the estate tax burden. Form OR-706 [...]
What is a fiduciary? How can you be sure you're choosing the right one? Tune in to this podcast with estate planning attorney Tammi M. Caress and learn more about this important role in estate planning, and how you can ensure you're making the best decisions for your future, and the future of your [...]
Trusts are a valuable estate planning tool. They offer a myriad of benefits, such as: The ability to pass your assets directly to your beneficiaries without going through probate court Faster transfer of assets after death The ability to set parameters for the distribution of your assets, which is especially helpful if, for example, [...]
Contrary to popular belief, estate planning isn't just for those entering their golden years. In fact, everyone over the age of 18 should have certain estate planning documents in place. Learn more about estate planning necessities for young adults in my latest podcast.
Many people make a will and think they have ensured their loved ones will inherit their assets at death. In this episode we will go over title of assets, and the effect it has on how assets pass at death. You will be surprised at the results!
When a loved one passes away, their assets may need to go through a legal procedure called probate in which a court will determine how those assets are to be distributed. In this episode, you'll learn more about probate and how to protect your loved ones from having to go through this often costly, emotional [...]
Have you been told you need a trust, but don't understand why or what a trust is? Do you think a will avoids probate? This episode breaks down the differences between a will and a trust, and why you may need one, or both, and discusses the effect each has on you and your loved [...]