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Estate Planning Attorney | Larry Gray | 503-538-1350 | Wills | Trusts | Avoid Probate
More than 36 Years of Estate Planning for clients in Yamhill County, Washington County, Multnomah County, Clackamas County, Marion County, and Polk County, State of Oregon.
Larry K. Gray & Associates, P.C. will strive to achieve the best outcome for every client through reasoned, logical, informed, effective advocacy.
At times, you may find yourself in situations or with problems that you cannot resolve on your own. Our legal counseling is designed to assist you and your family with courtesy and respect in such difficult periods. Knowledgeable advice acquired from decades of legal experience can help you formulate a course of action to free yourself from a complex legal maze. We do not represent banks, insurance companies, governmental agencies, or large corporations; our clients are individuals and families seeking help with legal problems they encounter in this increasingly complex world.
Planning Lawyer"
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404 East First Street
Newberg, Oregon 97132
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Larry K Gray & Associates, P.C. can answer your questions about the pros and cons of using a Last Will and Testament, Trust, and/or other methods in your Estate Plan. We can help you choose the Estate Plan best suited to your situation - a cost-effective simple Will or a Revocable Living Trust.
What are the benefits of Estate Planning?
Let’s start with what happens if there is no Estate Planning.
If there is no valid Last Will and Testament, or other appropriate Estate Plan, at the time of your death, the State of Oregon has provided a statutory asset distribution scheme for your Estate. The statutory method of distribution is called Intestate Succession. The Intestate Successions laws may match your intent; however, in most cases, the Intestate Succession laws will not match your intentions. With the high number of later-in-life relationships and blended families, the Oregon Intestate Succession laws will probably not work for you and your family. The Oregon Intestate Succession laws distribution provisions are set forth in Oregon Revised Statutes Sections 112.015 thru 112.115.
You can avoid the application of the Oregon Interstate Succession laws by preparing a valid simple Last Will and Testament. For many people, the preparation of a simple Last Will and Testament by an attorney can be a very cost effective Estate Plan.
Do-it-yourself Last Will and Testament forms are available from numerous sources. Even with a simple Last Will and Testament, you should consult an attorney to prepare the Will. Filling-in the blanks of a do-it-yourself Will may not be as straightforward as it appears. The wording may appear simple, but the concepts behind the words, and their impact, can be complex. The wrong combination of words can produce an unintended result.
More elaborate Estate Plans may include co-ownership of assets with rights of survivorship, designation of beneficiaries, transfer on death designations, Last Will and Testaments, Testamentary Trusts, Revocable Living Trusts, Special Needs Trusts, Irrevocable Trusts, gifts, or a combination thereof.
The appropriate selection of options for an Estate Plan depends upon the facts of each case and your intended goals for the Estate Plan. Some of the considerations in formulating your goals are:
What is the structure of your family?
Who do you want to receive your assets after your death?
Do you want conditions for when and how a beneficiary or heir will receive the assets?
Who do you want to manage your Estate after your death and for how long?
Do you need to plan for Federal and State estate or income taxes on your Estate?
Do you have property which has high fair market value appreciation since your purchase?
Do you have a minor child who will need a guardianship arrangement?
Do you have a minor or incapacitated child or grandchild that needs special provisions in the future?
Does a gifting plan fit into your long term financial goals and needs?
An important consideration when developing an Estate Plan is the understanding that the Estate Plan will need to change as life changes. A divorce, marriage, death of spouse, death of or change in heir(s), conflict within the family, change in the size of Estate, or changes in the law, may have an impact on the Estate Plan. Life is not static, and your Estate Plan needs the flexibility to adapt.
If you or a family member lack physical mobility, an appointment with our lawyer at your home, assisted living or care facility can probably be arranged for an elder law and/or estate planning consultation. The geographical locations for the out-of-office appointment can be within most of Yamhill County, most of Washington County, the western portion of Clackamas County, and the northwestern portion of Marion County. If you call, we will be glad to discuss the options for an initial consultation appointment at your location.
For a knowledgeable, experienced, and cost-effective Estate Planning, Will Preparation, Trust Preparation, and Trust Administration attorney, contact Larry K. Gray & Associates, P.C. Larry K. Gray has been
helping clients for more than 36 years.
Larry K. Gray & Associates, P.C.
404 East First Street Phone: (503) 538-1350
Newberg, Oregon
Fax: (503) 538-6957
The information on this website is not intended to be legal advice regarding your particular legal problem, and the presentation of this information does not create an attorney-client relationship. An attorney-client relationship will only exist after a mutual agreement to establish an attorney-client relationship.
Overview of Website Pages for Areas of Practice:
Family Law Elder Law Estates Real Estate Law Business Law
Divorce Power of Attorney Wills & Trust Selling
Uncontested Divorce Health Care Decisions Small Estate Buying
Contested Divorce Conservatorship Probate Earnest Money
Child Custody Guardianship Will Contest Lease Option
Parenting Time Medicaid Estate Planning Commercial Lease
Child Support Avoid Probate Boundary Dispute
Property Division Simple Will
Spousal Support Wills
Grandparent Rights Trusts
Decedent's Estate
Attorney | Attorneys | Lawyer | Lawyers | Law Office | Law Firm | Legal Services
Geographical areas, Oregon Counties and Cities, wherein Larry K. Gray & Associates, P.C. provides legal services as an Estate Planning, Will Preparation, Trust Preparation, and Trust Administration Lawyer:
Yamhill County, Oregon Estate Planning, Will, and Trust Lawyer:
Estate Planning Attorney Newberg Oregon 97132, and the surrounding areas of Dundee Oregon 97115, Yamhill Oregon 97148, and Carlton Oregon 97111; Estate Planning Attorney McMinnville Oregon 97128, and the surrounding areas of Lafayette Oregon 97127, Dayton Oregon 97114, Amity Oregon 97101, Sheridan Oregon 97378, Willamina Oregon 97396, and Grand Ronde Oregon 97347.
Washington County, Oregon Estate Planning, Will, and Trust Lawyer:
Estate Planning Attorney Sherwood Oregon 97140, and the surrounding areas of King City Oregon 97224, and Tualatin Oregon 97062; Estate Planning Attorney Beaverton Oregon 97007, and the surrounding area of Tigard Oregon 97223; Estate Planning attorney Hillsboro Oregon 97123, and the surrounding area of Cornelius Oregon 97113, Forest Grove 97116, North Plains 97133, Banks Oregon 97106, and Gaston Oregon 97119.
Clackamas County, Oregon Estate Planning, Will, and Trust Lawyer:
Estate Planning Attorney Wilsonville Oregon 97070, and the surrounding areas of Canby Oregon 97013, Aurora Oregon 97002, and Molalla Oregon 97038; Estate Planning Attorney Lake Oswego Oregon 97035, and the surrounding areas of West Linn Oregon 97068, and Tualatin Oregon 97062; Estate Planning Attorney Oregon City Oregon 97045, and the surrounding areas of Gladstone Oregon 97027, and Damascus Oregon 97089, Canby 97013, Aurora Oregon 97002, and Molalla Oregon 97038; Estate Planning Attorney Lake Oswego Oregon 97035, and the surrounding areas of West Linn Oregon 97068, and Tualatin Oregon 97062; Estate Planning Attorney Oregon City Oregon 97045, and the surrounding areas of Gladstone Oregon 97027, and Damascus Oregon 97089.
Multnomah County, Oregon Estate Planning, Will, and Trust Lawyer:
Estate Planning Attorney Portland Oregon 97219 97239 97201 97214 97202 97206 97266 97215 97216 97213 97218 97220 97230 97233 97236, and the surrounding areas of Gresham Oregon 97030 97080, Troutdale Oregon 97060, Milwaukie Oregon 97222, and Lake Oswego Oregon 97034.
Marion County, Oregon Estate Planning, Will, and Trust Lawyer:
Estate Planning Attorney Woodburn Oregon 97071, and the surrounding areas of St. Paul Oregon 97137, Donald Oregon 97002, Hubbard Oregon 97032, and Gervais Oregon 97026; Estate Planning Attorney Keizer Oregon 97303, and the surrounding areas of Brooks Oregon 97303, Silverton Oregon 97381, and Mt. Angel Oregon 97362: Estate Planning Attorney Salem Oregon 97301 97302 97396, and the surrounding areas of Stayton Oregon 97383, Aumsville Oregon 97325, Sublimity Oregon 97385, Turner Oregon 97392, and Jefferson Oregon 97352.
Polk County, Oregon Estate Planning, Will, and Trust Lawyer:
Estate Planning Attorney Dallas Oregon 97338, and the surrounding areas of Fall City Oregon 97344, Rickreall Oregon 97371, Sheridan Oregon 97378, Willamina Oregon 97396, and Grand Ronde Oregon 97347; Estate Planning Attorney West Salem Oregon 97304, and the surrounding areas of Monmouth Oregon 97361, and Independence Oregon 97351.
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