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COVID-19 Pandemic – How Do I Create A Basic Estate Plan?

On Behalf of | Apr 13, 2020 | Complex property division, Estate Planning, Trusts, Uncategorized, Wills

As a result of the COVID-19 pandemic, it has never been more important to have at a minimum a basic estate plan in place should you or a loved one become seriously ill and die.  At the law offices of Paul F. Sherman, we create estate plans which make sense for you and your family from simple wills to complex trusts.

We have the experience and resources your family needs. Estate planning encompasses more than just the distribution of your property. Sound estate planning includes creating a comprehensive plan for health care decisions in the event of a mental or physical incapacity or drafting a Living Trust to provide for your loved ones or to avoid the cost of probate. Our approach includes developing an estate plan that makes the most sense for you and your family.

COVID-19 PANDEMIC – DON’T BE CAUGHT WITHOUT A BASIC ESTATE PLAN

Every family should have a basic estate plan which includes at least three well-prepared legal documents:

• A Durable Power of Attorney
• A Will and
• An Advanced Medical Directive

Having a basic estate plan is a good idea for everyone regardless of your age or health condition. Basic estate planning is not expensive and ensures that your estate is handled in a manner that is best for you and your family.

Let us help with your estate planning. Call the Law Offices of Paul F. Sherman at (503) 223-8441, or Contact Us for a free estate planning consultation.

THE EXPERIENCE YOU NEED TO PREPARE COMPLEX ESTATE PLANS

In time of crisis, the necessity of sound estate planning becomes more and more important to you and your family. As your estate grows and becomes more significant and as family issues arise such as step-children, blended families, maintaining the family business or children with special needs, more advanced estate planning is required to effectively protect you and your family. Complex estate planning can include:

• Special Needs Trusts
• Revocable and Irrevocable Trusts
• Spend Thrift Trusts
• Life Insurance Trusts
• Asset Protection Plans
• Business Succession Plans
• Nursing Home and Assisted Living Plans

ACT NOW TO PROTECT YOUR FAMILY

Most people find it easy to put off making an estate plan. No one enjoys thinking about the reasons we have estate plans, yet creating an effective estate plan or revising an existing plan to reflect important changes in your life, is one of the best things you can do to protect your loved ones and yourself. Many families are torn apart or even destroyed as a result of improper estate planning and the subsequent family feud which occurs when a proper plan is not in place.

PORTLAND ESTATE PLANNING ATTORNEY TO HELP YOU AND YOUR FAMILY.

For more than 35 years, the Law Offices of Paul F. Sherman have been creating customized estate plans for our clients in Oregon, Washington and California. We have the experience and know-how to handle the complex details necessary to properly prepare Wills and Trusts and the ability to explain these issues in a manner that everyone can understand.

We also have the litigation skills necessary to probate your family’s estate and to ensure that your plan is followed and approved by the Court.

We are committed to preparing an estate plan that provides what YOU want to do with your estate and your health care. Let us put your plan into effect. Creating a solid estate plan is an important part of ensuring the financial future of your family. Estate planning tools such as establishing a simple Will or assigning someone you trust with a Power of Attorney, can make a significant difference in how your family and heirs will have to deal with these issues at the time of your death or disability.

FLAT FEES FOR EFFECTIVE AND AFFORDABLE ESTATE PLANNING

We offer competitive low cost flat fee estate plans to our clients, including a simple Will, Durable Power of Attorney and an Advanced Medical Directive. We also offer affordable complex estate planning and litigation support.

We know you have questions and we have answers. If you would like more information on preparing a will or estate planning call the Law Offices of Paul F. Sherman at (503) 223-8441 or Contact Us for a free estate planning consultation.