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Have We Saved the Family Farm? A Look at House Bill 3201 By Estate Planning Practice Group SAALFELD GRIGGS PC Many individuals may not realize that there has been a significant change in the structure of the Oregon inheritance tax as it relates to individuals who own farm land, forestland and commercial fishing operations. This …
Got Kids? Planning for Your Children’s Future By Estate Planning Practice Group SAALFELD GRIGGS PC In their estate plan, parents should ensure their children are provided for in a way that best fits their family’s needs, goals and expectations. This article explains some common planning issues and techniques that parents should consider when implementing an …
Gift Wisely: Navigating the Technicalities of Smart Giving By Estate Planning Practice Group SAALFELD GRIGGS PC Gifting should not be complicated, right? Gifting can actually be a challenging process and should not be done without sufficient forethought and wise counsel. This article covers the basics of gifting, trouble areas to avoid in gifting, and some …
Estate Planning Myth Busters By Estate Planning Practice Group SAALFELD GRIGGS PC Clients sometimes make assumptions about their estate plan that can cause problems at a later date. If you can avoid making such assumptions, you will save yourself and your family time, money and hassles. Let’s see if you can guess if the …
Disadvantages of Owning Property Jointly with Survivorship By Estate Planning Practice Group SAALFELD GRIGGS PC Property that is owned jointly with survivorship does avoid court probate at the death of the first joint owner. At the first death, this property passes directly to the survivor and does not even go through the will. Upon the …
Deathbed Gifting: Golden Opportunities for Last Minute Giving in Oregon By Jeff Moore Saalfeld Griggs PC If you would like more information on Oregon’s death tax, or would like assistance with your estate planning, please call a member of our Estate Planning Group. There is one golden rule to estate planning: “Do it before you …
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Stop! Think Before You Sign That Lease It’s just a lease, right? That is what many people think as they put their name to the dotted line, not giving it a second thought that maybe they should get some legal advice. Most people have been a party to at least one lease in their lives …
Special Protection Allowed for Service Members in Real Property Transactions By Real Estate and Land Use Practice Group Saalfeld Griggs PC In 2009, Oregon will experience its largest deployment of National Guard members since World War II. If you are a party to a real property transaction with a service member you should take time …
Selling or Buying Real Property? Seller Financing is Still a Valid Tool By Mark D. Shipman SAALFELD GRIGGS PC With interest rates at historic lows and credit constrained, some real estate buyers and sellers are forced to consider alternative forms of financing. Seller financing is still a valid tool for buyers and sellers to use …