Couples in Portland who own a significant amount of assets prior to marrying may consider executing a prenuptial agreement prior to marrying to protect what they already own in the event of a divorce. However, what if you anticipate a windfall in the future?
Many different types of financial accounts have a designated beneficiary who will receive the assets of the account after you pass away. Some common financial accounts that have beneficiaries include retirement accounts, life insurance policies and annuities.
In Portland and throughout Oregon, the end of a relationship is a complicated time for everyone involved. This can be especially challenging if there are children whether the parents were married or not.
Due to the pandemic, work, school and home life likely looks a bit different. While some families have adjusted to their new normal, divorced parents may find the situation a bit tougher to navigate.
Having a special needs child requires planning to meet their immediate and long-term financial needs. A special needs trust can help provide for their needs into adulthood and after you die.
The outcome of your divorce’s property division process can dictate what your financial wellbeing will look like for years, maybe even decades, to come. This may be especially true if you’re facing a high-asset divorce.
A divorce can cause many types of stress in a Portland resident’s life. They may have concerns about where they will live, and they may worry about what will happen to their kids when their marital relationship ends.
Many Portland area residents have taken the time to create their estate plan. But there are still many who haven’t given estate planning a second thought. There are many reasons why an estate plan is important for almost everyone, regardless of age.
Most Oregonians accept the premise that life is unpredictable, and many of these same people understand that life after a divorce can be extremely unpredictable. The unpredictability factor rises sharply for a divorced couple with young children.