Higher Estate Tax Exemptions Are Set to End – Is Your Estate Plan Ready?
The Tax Cuts and Jobs Act raised the threshold for gift and estate tax exemptions, allowing people to give more of their estate away without being subject to federal estate taxes. This provision is set to expire soon, with big implications for estate planning. You may...
Avoiding Oregon Probate Mistakes
For most people, probate is a confusing process. Misunderstandings can lead to headaches, delays and even extra costs that reduce a person’s estate. Here’s how to avoid common Oregon probate mistakes. The Oregon Probate Process Probate is a legal process in which a...
Probate Mistakes: Three Scenarios You Want to Avoid
During probate, a court oversees the distribution of a person’s estate. It can be a complicated process, but proper estate planning can help it go smoothly. Unfortunately, many people don’t take advantage of the estate planning options available to them. According to...
Personal Property Probate: Paying the Creditors of an Estate
If you’re the beneficiary of an estate, you might be expecting a nice inheritance – but don’t go spending that money quite yet. Before heirs can receive their inheritance, the estate’s creditors must be paid. This typically occurs during the probate process, and it...