Julia provides sound and caring counsel as she guides clients through the planning of their estate. She creates and drafts custom estate plans that are tailored specifically to her clients and their needs. When it comes to estate planning, there is no such thing as a one size fits all. The complexity of the plan depends on her clients’ estates and their estate planning goals.
When Julia prepares a Will or Trust for her clients, she also includes a Durable Power of Attorney, a Disposition of Remains, and an Advance Directive. Additionally, when parties have Julia prepare a trust as part of their estate plan, she also includes a Certificate of Trust and a Pourover Will. Often people feel they do not need to worry about estate planning if they do not have a large estate. However, everyone can benefit from an estate plan. For instance, parents of young children are often terrified of the thought of someone else caring for their children who they have not chosen. Yet, if they do not have a Will or Trust in place naming a guardian, then they do not have a voice in that decision.
A will specifies who will receive what property from your estate. It can also identify a guardian for your minor children.
A revocable living trust confers many benefits. They're flexible and save money by allowing you to avoid probate.
Julia Rice advises clients regarding the estate tax implications of their estate and methods to minimize their tax exposure
Small Estate Probate
A small estate affidavit is a legal document that allows property from a will to be transferred without it having to go through the probate process.
During probate a deceased person's estate is distributed to heirs and beneficiaries and debts to creditors are paid off.
For trust administrations, Julia Rice represents successor trustees to ensure they comply with the terms of the governing instrument and Oregon law.