How do we set up a revocable trust with more than $1 million in assets? We live in Portland Oregon.
Yes, a Trust can be used as an organizing tool for your assets. It can do other good things as well. Give us a call at 503 345 0652 to discuss. ...
Portland, OR
Estate planning Lawyer at Portland, OR
Practice Areas: Estate Planning, Business ... +3 more
Yes, a Trust can be used as an organizing tool for your assets. It can do other good things as well. Give us a call at 503 345 0652 to discuss. ...
I think you are referencing the capital gains exclusion under IRC 121. You can exclude $500,000 ($250,000 for a single taxpayer) of capital gain...
You don't need separate contracts to do what you want to do. You can 100% disinherit your children in regular run of the mill Trusts and Wills. ...
I believe you are a resident of Oregon and Oregon law applies to you. Oregon does not have common law marriage. If you are not married, you have...
I can't tell what you mean. Do you know much about US income taxes? who did your last three years of income tax returns?
I agree with my colleague. Yes, it is worth pursuing. Your cost benefit analysis would look at the cost of pursing it versus the amount you would...
there is no common law marriage in Oregon. If you have title to real estate in the names of an unmarried couple, they are viewed as tenants in...
Great question! First a few of my own. 1. Do you have a written contract with the manufacturer for the re-sale of your music? do you have a...
The easy way for him to stop having control is for him to resign. As my colleague stated, if it is a Trust, there is a Trust Agreement and it...
Yes, joint ownership is a bit vague. I imagine it is a tenancy by the entirety which the Oregon legislature keeps tinkering with. Anyway, the...