If you get divorced, your Oregon medical practice may be considered a marital asset for property division purposes. This means that your spouse may be entitled to a portion of any profits it generates or proceeds from an eventual sale. Of course, there are a variety...
Trusts
Important facts about revocable trusts
Trusts are important estate planning documents that you can use to protect your assets and your loved ones by specifying how your property is to get managed and distributed after you die. A revocable trust is a special type of trust that Oregon residents may want to...
Basic guidelines for first-time trustees
If you've been designated as a trustee under an Oregon trust, it's a good idea to look over some basic guidelines to ensure your full understanding of the responsibilities and expectations that others will have for you throughout the process. Otherwise, you could end...
Understanding irrevocable trusts
Trusts in Oregon are a safe way of hedging your assets until they're transferred to your heirs. For as long as you're living, there are financial benefits in storing your wealth in a trust. Every estate is exposed to taxes, fraud and creditors, but these financial...
Suing trustees for breach of fiduciary duty
Sometimes, the execution of trusts created by a loved one in Oregon doesn't go as planned after the person's passing. The trustee may not intend to fulfill the deceased's wishes, so what can you do if a trust dispute occurs? Trustees have an obligation The individuals...
