Our Services
Durable Power of Attorney
Power of attorney makes it possible to appoint an agent to act on your behalf for financial purposes. An agent can handle banking, pay bills, deal with contracts, buy and sell a property, and more. With power of attorney, clients have the option of providing an agent with immediate control, or creating a document to specify that the power becomes effective upon incapacity.
Advance Directive
In Oregon, the advance directive is a statutory document that combines the traditional living will, and the healthcare power of attorney. The living will portion of an estate plan allows you to give directions with regard to medical care in the event of incapacity, while the healthcare power of attorney names an agent who can make healthcare decisions on your behalf. Without the advance directive document, those caring for an incapacitated person are forced to seek appointment as a guardian in order to make healthcare decisions. Guardianship is a separate court proceeding, which can be expensive and time-consuming.
Revocable Living Trust
Trusts are incredibly powerful estate planning tools. A revocable living trust ensures full control over property as though it is your own, and upon incapacity or death, controls transfers to the successor trustee – allowing for seamless transition of power over your property. The primary benefit of creating a trust, is that the ownership exists within the trust rather than the individual. As a result, the need for probate is eliminated, due to ownership of the substantial assets being associated with the trust rather than a single person.