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How to choose the best estate planning attorney in Portland
One of the easiest ways to find a Portland estate planning attorney is to begin by reviewing our list of the top providers. After that, you can begin narrowing down your options based on the factors that you care most about. For example, you may want to work with a Portland estate planning attorney who specializes in a certain type of trust. Having a good understanding of your goals should make it easier for you to get your list down to a more manageable size.
Once you have a smaller list of options to work with, it’s a smart move to begin asking for references. You will also want to make sure that the attorney’s fees are reasonable and within your budget. After an estate planning lawyer in Portland has passed all of these checks, you can introduce them to your loved one to make sure that they’re comfortable with the selection.
Facts and trends in Portland estate planning
How many seniors in Portland are participating in estate planning?
Estate planning services in Portland are fairly popular. That makes sense, given how important it is for older adults to get their affairs in order while they’re still mentally and physically sound. For example, take a look at the following table, which uses data collected by the IRS in 2014 to highlight the use of these services in the Portland area.
|Number of Returns Filed for Complex Trust||Number of Returns filed for Simple Trust|
Statistics like these indicate that some older adults are working with estate planning attorneys to create trusts. It could be time for your loved one to do the same — especially if they haven’t taken any steps to get their affairs in order yet. Getting them connected with an estate planning attorney is one of the most effective ways to do that.
How many people aged 55+ have the “essentials” when it comes to estate planning in Portland?
There are certain legal documents that every older adult should have prepared. These ‘essential’ documents make sure that the person has clear and legally actionable instructions for what will happen in the event of various situations that could occur as they age. For example, look at this table, which features data from Age Wave/Merrill.
These statistics show that not nearly enough older adults have the essential documents that they need to feel comfortable about aging. If someone you care about doesn’t have a will, a healthcare proxy, or a durable power of attorney, then now could be the time to set them up with estate planning services in Portland.
What are the benefits of working with an estate planning law firm in Portland?
Working with an estate planning law firm can be a good move for a few different reasons. First, a lawyer can help your loved one create documents that dictate how their assets will be distributed if they pass away. Having an official document for this process can help to avoid familial disputes and may even speed up the probate process so that the assets get distributed as quickly as possible.
An estate planning attorney in OR can also update your loved one’s will or trust whenever it’s needed. This makes it much easier for the older adult in your life to feel confident that their possessions will be distributed according to their wishes when they pass.
Estate planning solutions for Portland seniors
Every older adult needs to take estate planning seriously so that their wishes are respected in the event that something serious happens to them. SeniorsMatter has the resources you need to find the best estate planning services in OR. Take a look to learn more about your options so that you can find the right one for your loved one.