Kinney & Associates PC
The attorneys at Kinney & Associates PC of Newberg, OR have the expertise to assist clients in crafting wills, establishing trusts, completing probate and doing estate planning. We can help you keep track of your wealth, organize your property and familiarize you with Oregon’s procedures regarding alternatives to making a will, such as setting up a Transfer On Death (TOD) bank account.
Losing a loved one is always difficult. When a complicated estate plan is left behind, the assistance of a gifted attorney can make probate and trust administration infinitely easier. We work with you to update your estate plan as frequently as you prefer and work hard to save you and your loved ones much time and grief.
Though we cannot ease your grief, we can take away the emotional pain and stress a legal battle over a deceased's assets would bring.
Even if your intentions were verbally expressed, it is better to have written documents precisely describing your wishes. Wills allow individuals to make their estate plans formally known after they pass and are binding legal documents. In Oregon, you can make a will if you are a legal adult or are married and of sound mind. Your will must be signed in the presence of at least two witnesses who can verify the accuracy of your will.
While wills can be created without legal assistance, it is wiser to have an attorney draft a copy of your will so your intentions are clearly stated in legal terminology and are not open to interpretation or loopholes. If you die intestate (without a will), Oregon law stipulates that your assets are transferred to your spouse or divided between your immediate family, regardless of whatever intentions you expressed while living.
Trusts are designed to reduce estate taxes and protect assets from creditors and can hold cash, personal property, and real property. They can help you avoid probate and can be used to supplement wills. Trusts are often used for estate planning as a way to set aside funds for a specific person and are controlled by a trustee.
When a trust is made, the creator appoints a trust administrator, known as a trustee, to carry out the terms of the trust after their death or mental incapacitation. The trustee protects the assets of a trust for the beneficiaries, takes responsibility for debts and fees, and pays accountants or other professionals who have worked on the trust. Oregon trustees also have the authority to open bank accounts for the trust. At Kinney & Associates PC we provide clients sound legal advice throughout the administration process, ensuring the stipulations of a trust are fully completed.
Probate procedures are governed by Oregon state law and are designed to validate and carry out the wishes in a deceased person’s will if disputes arise. Our attorneys will walk you through the steps of probate during this difficult time. We understand our clients are in mourning and are sensitive to their needs throughout the process. We work through probate procedures quickly and efficiently so you may move on with your life.
Estate planning allows you to prepare for the day when your loved ones will be without you. An estate plan is an excellent tool to protect your assets and can be used to reduce taxable property and increase the wealth intended for your beneficiaries.
Our Wills, Trusts, Probate And Estate Planning Services Include:
Probate Procedures Are Meant To:
Our Work With Trusts Includes:
Estate Planning Elements We Assist With Include:
Serving clients in Newberg, McMinnville, Sherwood, Yamhill, Marion, Washington, Polk, Multnomah, and Clackamas counties.
Contact Kinney & Associates PC of Newberg, OR today at 503-538-8318 to speak to a qualified lawyer if you need help with estate planning assistance, probate or trust administration.
This website is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer / client relationship.