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estate administration and litigation Archives

Thinking about a DIY will? Think again

Most adults in the United States have not taken the time to prepare estate plans. Many do not even have a basic will in place. Some Oregon residents may not want to think about it, some may feel having a will is unnecessary and others simply never get to it before their time on this earth is up. Anyone who wants to jot his or her wishes down quickly may consider a do-it-yourself will -- but is a DIY will worth it?

Oregon estate administration and litigation: Contesting a will

Closing out a loved one's estate can prove to be a challenging task. No one looks forward to it. Everyone looks forward to getting it over with. Unfortunately, probate in Oregon can take much longer than expected if someone chooses to contest a will officially. Estate administration and litigation can drag on for months or even years if this happens.

Having a POA can prevent conflict and litigation

Estate planning is something that many Oregon residents fail to do. Why? No one wants to think about dying. The truth is, estate planning is about more than preparing for one's death. It is about protecting oneself and preventing family conflict that may lead to litigation.

Could naming a pet as an estate beneficiary lead to litigation?

Oregon residents who want to name their pets as beneficiaries of their estates may have questions about how to do it. They may also worry that doing so could end up causing other beneficiaries to contest the contents of the estate plan, requiring litigation to resolve the matter. Those who want to leave assets to their pet may, but they just need to go about it a certain way.

Three ways to help prevent an inheritance dispute among your kids

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:

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