Though most people do not like to think about passing on, estate planning is an important tool to protect your assets for your beneficiaries. It also provides peace of mind because you know your affairs will be handled as you wish.
Property, whether for business or investment, is generally a good thing to have in one's financial portfolio. While the real estate market goes through highs and lows, there is still a lot to be said for owning land and the structures placed on it. Unfortunately, a number of issues can arise in the real estate world that may affect one's purchase in a negative way. For example, every property has a title and any issues with that title can be expensive and time-consuming to address. Here are some common title problems often seen in Oregon and elsewhere.
There are all kinds of disputes that can come up for businesses. This includes disagreements with other companies, customers or current or former employees. Sometimes, such disputes lead to a company bringing or facing lawsuits.
Are you dealing with an issue that is going to require a little legal assistance to resolve? It does not matter if it is a real estate issue, business problem or estate law matter, litigation is not always necessary or the best way to handle such a situation. Instead, alternative dispute resolution methods may be the better option for handling legal issues in the state of Oregon.
Drafting a will or trust requires careful planning, especially when you have multiple children to distribute property among. Not only do you want to consider which child to give specific assets to, but also to ensure that none of your children feel left out. Family disputes can unnecessarily slow down the process of passing on your estate. Even if your children are not prone to arguing with each other, it is important to think about what steps you can take to ease the distribution process and transfer your assets as efficiently as possible. Here are three suggestions to keep in mind when drafting your estate plan: