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Types of Trusts: Which One is Right for You?
October 1st, 2024
A comprehensive estate plan involves much more than drafting a last will and testament. Trusts are crucial estate planning tools that can be used to provide for your family, avoid probate, plan for incapacity, and protect your assets for future generations. There are many different types of trusts that can be used in Oregon, depending on your speci…
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Categories: Estate Planning
The Role of Advance Directives in Estate Planning
July 23rd, 2024
Estate planning encompasses much more than writing a will or putting your assets into trusts. It also involves planning for the event of incapacity. Importantly, an advance directive is a tool that can be used to help ensure your wishes are carried out regarding your medical treatment in the event you are unable to communicate them yourself. What i…
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Categories: Estate Planning
What is a Revocable Living Trust?
June 14th, 2024
The first thing that comes to mind for most people when it comes to estate planning is a last will and testament. However, there are also a number of other tools that can be used to carry out your objectives. A revocable living trust can be an important part of a comprehensive estate plan. Not only can it allow you to decide how your assets will be…
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Categories: Estate Planning
A Guide to Creating a Complete Estate Plan
May 7th, 2024
Although most people know that they should have a last will and testament in place, they may not realize that a complete estate plan can include various other documents to help them accomplish their objectives. Importantly, several tools can be used to ensure your wishes are carried out after your passing and in the event of incapacity. Regardless…
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Categories: Estate Planning
Estate Planning and Digital Assets
April 19th, 2024
Much of our time is spent online — and you will likely accumulate a significant amount of digital assets during your lifetime. While you may be thinking about who will inherit your home or family heirlooms, it’s critical to be aware that digital assets must be considered just like any other type of asset when it comes to estate planning. Import…
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Categories: Estate Planning
What Happens to Your Property if You Don’t Have a Will?
March 7th, 2024
Having a last will and testament in place ensures your property will be distributed in accordance with your wishes when you pass away. However, you might be wondering what happens to property when there is no will. In cases where a person did not leave behind a will or any estate planning documents, state law will dictate the outcome. How Does Prop…
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Categories: Estate Planning
What is Trust Administration?
January 24th, 2024
A trust is a crucial estate planning tool that can help ensure your assets are protected and passed to a beneficiary of your choice. While creating a trust can help to avoid probate and ensure your property is distributed in accordance with your wishes, it’s important to understand that there are a number of steps that are associated with managin…
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Categories: Estate Planning
Estate Planning After a Divorce
October 10th, 2023
A divorce changes many aspects of your life — including those involving your finances and estate planning matters. While it might be the last thing on your mind as you move forward into the new chapter in your life, it’s vital to assess matters concerning estate planning after a divorce. Whether you have an estate plan in place or not, it’s c…
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When Should You Start Estate Planning?
August 7th, 2023
It’s never too soon to start planning your estate. Although no one wants to think about it, the unexpected can happen at any time and it’s important to have a plan in place that protects your loved ones — and gives you peace of mind that your wishes will be carried out. Significantly, a comprehensive estate plan shouldn’t only consist of a…
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Categories: Estate Planning
How to Prepare for an Estate Planning Meeting
May 18th, 2023
The process of estate planning can sometimes feel overwhelming, and you might not be sure what to expect when you consult with your attorney for the first time. As the date for your meeting approaches, it’s important to prepare in advance so you can get the most out of it. Although your attorney may ask you questions that you might never have tho…
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Categories: Estate Planning
Salem attorney Sarah M. Litowich is an Oregonian through and through, with roots in rural eastern Oregon and the Willamette Valley. She is grateful for these deep Oregon roots because she learned the value of hard work and building and maintaining st… Read More
