Estate Planning & Administration – Protecting Your Family Legacy

 

Almost everyone needs an estate plan to make sure that their wishes are followed and their loved ones are cared for when they are unable to do so themselves.  For example, estate planning allows individuals and couples to name people to:

  • Be a guardian to care for their minor children.
  • Act on their behalf to handle legal and financial matters if they become incapacitated.
  • Make medical decisions for them if they are unable to do so themselves.
  • Handle their final affairs and distribute their estate according to their wishes.

At Hough Law, Nikki cares about who and what is important to you.  She wants to know your long-term goals and who you care about.  Each family and history is unique and it is important to craft an estate plan that best suits your needs and your family’s needs.  Estate plans may involve developing a trust, will, power of attorney, or advance directive for healthcare.  Nikki can discuss the benefits of each type of document and work with you to craft a plan for your individual goals.

In addition to estate planning, Nikki also assists individuals and families with the probate process and trust administration.  If you have lost a loved one, she can help you through the process of distributing their estate, handling their final affairs, and moving forward through the probate or trust administration process during this difficult time.

Please contact Hough Law to schedule a consultation to start planning for your loved ones’ future and the legacy you plan to leave behind or for assistance in accomplishing the final wishes of a loved one who has recently passed away.  Estate planning, probate, and trust administration may be billed on an hourly basis or a flat fee depending on the type of assistance your situation requires.

 


 Hough Law Blog Posts about estate planning matters:

Year End Estate Plan Review

As the year draws to a close, it is a perfect time to review your estate plan (or get one in place)!  An easy place to start is to evaluate whether updates may be needed due to changes in family and financial status. Some starting questions to consider: Family Changes: Have you gotten married or […]

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Storing Important Documents

There are several things to consider when you are storing important documents.  Most of the issues can be boiled down to a balance between accessibility and security – in other words, how can you make sure the people who need to use your documents can find them when the time comes, but also balance the […]

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Grieving Outlasts Condolences

Anyone who has suffered the loss of a loved one knows that the grieving process can be a tricky thing.  Grief can ebb and flow with little rhyme or reason. What people may not realize is that the loss of a loved one, and the personal ramifications, can last for years after the actual death.  […]

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What is a Sweetheart Will?

Romantic partners, particularly married couples, often engage in estate planning together with a common set of goals in mind.  A major goal is almost always to make sure that a surviving spouse is taken care of financially when the first spouse passes away. A “sweetheart will” describes a will where a person leaves all of […]

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Didn’t Win Powerball? Consult with a Financial Planner Anyway!

Planning for the future includes getting your financial house in order.  While the vast majority of us will not be able to roll around in Powerball winnings, we can take steps to get a clearer picture of our financial future by meeting with a financial planner to take stock of our current financial status and […]

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Where to Start When a Loved One Dies

When a loved one passes away, it is often a sad and painful event.  Most people don’t know what to do in the days immediately following a death to begin handling the loved one’s final arrangements.  In addition, grief, stress, and a lack of information may make it more difficult to get the ball rolling. […]

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ICYMI: After A Loved One’s Death – Watch Out For Scams

Scammers are out there and even death isn’t enough to keep some slimy individuals from trying to make a quick buck.  If a loved one recently died, it is important to remain vigilant to guard their identity, protect against unfounded claims, and even protect their home.  Even though your family is grieving, it is important […]

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ICYMI: Finding Long Lost Relatives And Friends

Changes in the season and holidays can often be a reminder of people who are no longer part of your circle – not just people who have passed away, but also family and friends who have fallen out of touch for a wide variety of reason.  Maybe someone moved away, maybe there was an argument […]

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Charitable Giving as Part of Your Estate Plan

Many people donate to charity each year, but fewer make arrangements to donate to charity as part of their estate plan.  If you are interested in making a gift, whether big or small, to a charity, there are a number of ways you can support your favorite causes. Make gifts throughout your lifetime. While you […]

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ICYMI: How to Find Low Cost Legal Services

I get asked all the time if I am taking pro bono (aka free) or reduced-fee cases.  With the economy still bouncing back and with people in all economic ranges needed legal assistance, the demand for low-cost legal services is high and there is an urgent need that needs to be filled. While I do […]

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ICYMI: Four Easy Starting Points to Finding an Attorney

When a matter arises and you need to consult with an attorney, how are you supposed to find one that meets your needs?  With a few easy steps, you can start to narrow down the field: Do you have work benefits that include discounted legal services? If you don’t know, check with your Human Resources […]

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When The Small Stuff Is The Emotional Big Stuff

An issue that often arises in both family law and estate law contexts is what to do with a personal property upon the demise of a relationship or the death of the owner.  Tangible items, whether valuable in a monetary sense or not, often have emotional value and can often become symbols of greater family […]

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ICYMI: One Simple Step to Start Your Estate Plan

Thinking about crafting an estate plan, or revising one you currently have, can be daunting and overwhelming.  If you aren’t ready to tackle the whole process, there is a simple step you can take on your own that can yield big benefits for your beneficiaries.  All it takes is a little legwork on your end, […]

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Leave Your Fortune to Fido, Porter, Shorty, Ranger, Fluffy, and Your Other Pets

There is a joke in my family that my parents’ order of priority are 1) their grandkids, 2) their pets, and, then maybe, 3) their kids.  Actually, the order between 1 and 2 is also probably debatable.  My parents have had pets that needed regular medical treatment and others that have needed one time major […]

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ICYMI: Four Easy Starting Points to Finding an Attorney

When a matter arises and you need to consult with an attorney, how are you supposed to find one that meets your needs?  With a few easy steps, you can start to narrow down the field: Do you have work benefits that include discounted legal services? If you don’t know, check with your Human Resources […]

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Local Transportation Options for Seniors

For seniors who don’t drive and need some help getting out of the house for medical appointments, errands, grocery shopping, etc., there are some local options for transportation that can make life easier: Ride Connection: Ride Connection offers a variety of transportation services in Clackamas, Multnomah, and Washington Counties. They offer training to teach people […]

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Resources for Seniors Downsizing

Moving is stressful for anyone, but it can be especially overwhelming for seniors who are facing downsizing from a home to a smaller place and/or a planned community (like an assisted living or care facility).  There are specialty movers who provide planning and moving assistance for these moves and can manage the details to make […]

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New Laws in Effect for 2017: Social Media After Death

As of January 1, a new law is in place allowing certain fiduciaries to have limited access to a person’s online user accounts. The Revised Uniform Fiduciary Access to Digital Assets Act addresses access to digital data when a user dies or is incapacitated.  The Act allows a fiduciary, such as a personal representative, trustee, […]

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Oregon ABLE Accounts Now Available!

For Oregonians with disabilities and their families, a new account option allows individuals to save for future expenses without their account balance counting against their asset limits for Federal and State benefits (such as Social Security, SNAP, Medicaid, etc.). Prior to the passage of the ABLE Act, individuals with disabilities were only eligible for public […]

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ICYMI: Cohabitation Basics for Couples Who Live Together, but Aren’t Married

Romantic partners are living together all the time these days without getting married (and even without the intention of ever getting married).  There are important considerations to keep in mind when you make the decision to live with someone else, especially when you are romantically involved. Some people choose to enter into cohabitation agreements.  A […]

Posted in Blog Posts, Children, Client Service, Estate Planning, Family Law, Health Care Directives, Marriage, Power of Attorney, Probate, Relationships, Wills | Leave a comment