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.