Estate Planning Attorney Bend, Oregon
Assistance with Estate Planning Matters in OR
Although it might be uncomfortable to talk about, death is an inevitable part of life. Failing to discuss or plan for what happens after you pass could lead to conflicts with the distribution of your property, and the people you love the most might not receive the assets you intended for them. Having an estate plan in place can help you organize your property, designate beneficiaries, and leave instructions for measures to take if you become incapable of making your own decisions.
At Baxter Law, LLC, our estate planning lawyers in Bend, Oregon can help you understand what this process entails and how you can establish directions regarding the distribution of your property. We are a boutique law firm, which will allow us to give you the one-on-one attention you need. Our team is compassionate and will focus on your best interests. We will listen to your wants and determine what type of plan may be effective for you.
Contact our Bend estate planning lawyers today at (541) 238-9210!
What Is Estate Planning?
When many people think of estate planning, they might think of creating a will that dictates who should get what upon a person's death. And while this is one part of it, estate planning involves a variety of avenues establishing various directives for different aspects of your life.
Depending on your situation, estate planning allows you to:
- Control how your property and assets are distributed after your passing
- Assign guardians for minor children
- State what type of medical care you should receive if you become disabled or incapacitated
- Leave funds for loved ones with special needs
- Establish who should take care of your property and finances if you become disabled or incapacitated
The above list contains just a few examples of what estate planning can do for you. To get a better understanding of the process and what you can and cannot do with an estate plan, speak with one of our estate planning attorneys in Bend, Oregon. We have years of legal experience and know the laws concerning these types of matters. We will provide sound advice and honest answers to your questions.
Is Estate Planning Right for Me?
Many people believe that estate planning is only for older or wealthy individuals. However, this is a common misconception. It is for anyone with an estate.
An estate includes property and assets a person owns, which includes, but is not limited to:
- Real estate
- Bank accounts
- Cars
- Investments
- Retirement
- Jewelry
- Furniture
If you don't have an estate plan in place, any property you own will be distributed based on the state's probate laws. This means that it will decide who gets what, and people or organizations you intended to have assets distributed to might be left out. Additionally, if you have minor children, the state will appoint a guardian for them.
If you want your wishes to be honored after your passing, you must have a solid estate plan in place. At Baxter Law, LLC, our estate planning lawyers in Bend, Oregon, can help draft a will or trust or a plan for mental incapacity. We'll ask you various questions about your situation, such as whether you have children, how large your estate is, whether you have a retirement account, or if you own a business. From there, we'll help determine how to progress with your estate plan.
Contact Our Estate Planning Team in Bend, OR Today
If you're ready to start planning for the future, our team is prepared to help. From the moment you retain our services, our estate planning attorneys in Bend, Oregon will provide the focused and caring guidance you need.
Commonly Asked Questions About Estate Planning
What is estate planning and why is it important?
Estate planning is the process of preparing for the distribution of your assets and ensuring your wishes are carried out after your passing. It includes creating documents such as wills, trusts, and powers of attorney to manage your property, care for minor children, and direct medical treatment if you're incapacitated. Without an estate plan, the state may decide how your assets are distributed, which may not align with your desires.
Do I need an estate plan if I’m young and don’t have many assets?
Yes, estate planning is important for everyone, regardless of age or wealth. If you have any assets, such as a car, bank accounts, or even a personal collection, an estate plan ensures these items are distributed according to your wishes. Additionally, if you have minor children, an estate plan allows you to designate guardians to care for them if something happens to you.
What happens if I die without an estate plan in Oregon?
If you pass away without an estate plan, Oregon's probate laws will determine how your assets are distributed. This may not align with your wishes, and it can lead to delays, disputes among family members, or unintended beneficiaries receiving assets. Additionally, the state will appoint a guardian for any minor children, which might not reflect your preferences.
Schedule a consultation today by calling us at (541) 238-9210 or contacting us online.
We have the knowledge, skills, and resources to provide the quality defense you need.
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