When setting estate plans, it is important to consider the impact that the inheritance or trust funds can have on the beneficiary. The intent of planning to bequeath a loved one part of your estate is to help them out. However, for those with some physical or mental disabilities, the gift can actually impair their … Read More
Wills, trusts, advance directives, and other estate planning documents are things we frequently handle at Conway Law. When individuals consider making important decisions for their care and care for their loved ones after their death, their pet’s well-being often comes to mind. Thankfully, there are many options available to people to include their pets in … Read More
Oregon’s Declaration for Mental Health Treatment (ORS 127.736) is the Oregon form for a Psychiatric Advance Directive (PAD). It allows people who suffer from a mental illness with severe episodic occurrences to express their wishes for health care treatment and personal affairs during a time when they are able to clearly make those decisions. Oregon … Read More
A joint tenancy account with a right of survivorship is a great estate planning tool. Essentially, all assets in the account pass to the surviving co-owner of the account on the death of the other co-owner. Joint tenancy accounts pass outside of probate. This means that you do not have to start or be a … Read More
This is the first of several blogs concerning estate planning. We will cover basic wills and trusts as well as power of attorneys and advanced health care directives. A basic will is the document that will determine where your estate will go upon your passing. The basic will identifies the testator (the person whose will … Read More
One question I often get asked is: What is the difference between a power of attorney and an advanced health care directive? A power of attorney is a document that gives someone the ability to make decisions during your lifetime. The person you appoint to make decisions is called the attorney in fact. The attorney … Read More