Stuart Scott, the beloved ESPN anchor, died in early 2015 after losing his battle with cancer. Ever since his death, his ex-wife, his daughters and Disney have been fighting about the handling of his estate. Nearly five years into this legal battle, estate litigation in this case has been put on hold over fears that continuing on this path will leave his daughters with nothing. This case is eye-opening in many ways and a good example of what can happen if fights over estate administration, whether it occurs in Oregon or elsewhere, is allowed to drag on.
With the high level of divorces that occur in the United States every year, numerous people in Oregon and elsewhere end up getting remarried and have to work on blending their families. Sometimes this is easier said than done. When it comes to the death of a parent, there can be big problems between stepparents and stepchildren during the estate administration process, to the point where estate litigation may be unavoidable.
The person designated to be the executor of your loved one's estate is a person he or she trusted to handle his or her final affairs. Unfortunately, not all executors are fit to fulfill their roles. Those who find themselves at odds with their loved one's executor may be able to do something about it during the estate administration process. It may require court intervention to resolve, but legal counsel who understands Oregon probate law can assist with that.
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?
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.
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.
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.