- Trusts
- Wills
- Probate Admin
- Trust Administration
- Power Of Attorney
- Long Term Care Planning
- Other Areas of Practice
TRUSTS
- Trusts are incredible flexible and versatile documents that can be crafted to each unique situation. They can be used to avoid or delay taxes or to make sure taxes are paid so your beneficiaries don’t have to.
- They can be revocable or irrevocable, and both are used by my Bend & Prineville, OR clients. Revocable trusts are basically treated as though they are owned by their creator who can still do anything they want to the property including buy more, sell it, or give it away.
- I do not recommend trusts to every client who walks into my Bend office, and I will tell you if there are other options that can help you meet your goals.
WILLS
- Wills are considered by some as the staple of a simple estate plan, but they can also be useful for complicated estate plans. There are even situations where certain individuals who can have unknown future creditors (such as doctors) will want to probate some of their property to insulate their risk.
- Wills can also create what are called testamentary trusts which come into existence when you die. These might be helpful if you only want a trust in certain situations, like if your children are still minors.
- If you want an experienced attorney to help you craft a will that is right for you, please call MGM Law Firm.
PROBATE ADMINISTRATION
- Did you know that a will does not prevent the need for probate? Dealing with the death of a loved one is emotionally challenging, and probate can be a long and frustrating court process. I provide probate and estate administration services to make the legal side of that transition as smooth as possible.
- Legal requirements for a personal representative include notices to interested parties, newspaper publication, creating and filing an inventory within 60 days of becoming personal representative, managing and selling assets, finding and paying creditors (unless the estate is insolvent), creating and filing a detailed accounting, distributing assets, and much more.
- As personal representative, you have a fiduciary duty to the estate.
- Protect yourself by hiring expert counsel.
TRUST ADMINISTRATION
- As an experienced and knowledgeable estate planning attorney in Bend & Prineville, OR, I can help coordinate all of the difficult and sometimes confusing tasks that arise after death.
- Even well-drafted trusts are difficult to read and understand by most people. A trustee has a fiduciary duty to beneficiaries and it is important to make sure you are acting according to the trust and Oregon’s Uniform Trust Code.
POWERS OF ATTORNEY
- Power of attorney is granted to an “attorney-in-fact” or “agent” to give that individual the legal authority to make decisions for an incapacitated “principal.”
- Powers of Attorney can be a very important tool that also requires care and trust to prevent abuse of an elderly or vulnerable person. Get the facts and see if this is right for you.
LONG TERM CARE PLANNING AND MEDICAID
- If you need long term care in your home or an assisted living facility you generally need to either pay for that out of your pocket or qualify for Medicaid, a government run program (different than Medicare).
- There are many ways of planning so that you, your spouse, and your loved ones do not have to lose all your assets before you qualify.
- Whether you need to pay for skilled nursing care, memory care, an assisted living facility, or in-home long term care, you should talk to an elder care planning professional by calling MGM Law Firm and scheduling an appointment.
LLCS, REAL ESTATE TRANSFERS AND BUSINESS FORMATION
- LLCs, Business Formation, and Business Law: With experience in business formation, contract review, construction litigation, and similar cases, know that Mr. Matrisciano will zealously advocate for you without the fees of a big firm.
- Real Estate Transfers: Properly transferring real estate can make the difference between smooth sailing and troubled waters. An experienced attorney is invaluable during this process.
What our clients say…