Navigating Estate Planning with Caress Law: Recent Episodes
Tammi Caress
Learn how to protect yourself and your loved ones as we help you navigate the estate planning process.
Tammi Caress replays her guest appearance on the APM Success Podcast, where she and host Justin Harvey dig into what really happens to your family, your business, and the people you love when you're gone. The conversation covers why estate planning gets pushed to the bottom of the to-do list, how to choose the right people to carry out your wishes, and why waiting is almost always the most expensive decision a family can make.
Notable Quotes
"The most expensive administrations to settle in an estate is if you have a fiduciary who delays and doesn't act... it really drives the cost up in the estate."
"The biggest mistake I see is when they appoint someone just because of their birth order."
"If you want your kids to be friends after you're gone... a thoughtfully constructed estate plan that is concrete, communicated, and documented" is the best appeal you can make.
See More APM Podcasts - https://apmsuccess.com/
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Follow the podcast in Apple Podcasts or Spotify
https://podcasts.apple.com/us/podcast/navigating-estate-planning-with-caress-law/id1576876621
https://open.spotify.com/show/4iGJ7mtWDeqgHExxPqKeKp
Disclaimer
The information in this podcast and associated materials is for general informational purposes only and is not intended to replace or serve as a substitute for legal, tax, or estate planning advice. Consult a qualified professional before making decisions specific to your situation.
Many families delay handling estate matters after a loved one passes—understandably due to grief or uncertainty—but that delay can have real financial and legal consequences. In this episode, we walk through the top cost drivers that come from waiting too long and why getting started early (even in small steps) makes a big difference.
Outline
- Why timing matters
- Cost driver #1: Missed Tax deadlines
- Cost driver #2: Frozen assets and investment losses
- Cost driver #3: Higher legal and administrative fees
- Cost driver #4: Family Conflict and Litigation
- Cost driver #5: Creditor Claims & Lawsuits
- Cost driver #6: Lost of tax election and disclaimers
- Cost driver #7: Delayed Distributions
Speak to a professional to understand timelines and take the first steps:
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Links and Resources
Download What to do when a love one dies: https://caresslaw.estate/estate-planning-resources/estate-administration-probate-checklist/
Check our website for our free on demand and live webinars: https://caresslaw.estate/estate-planning-workshops/
Follow the podcast in Apple Podcasts or Spotify
https://podcasts.apple.com/us/podcast/navigating-estate-planning-with-caress-law/id1576876621
https://open.spotify.com/show/4iGJ7mtWDeqgHExxPqKeKp
In this episode of Navigating Estate Planning with Caress Law, host Tammi Caress breaks down the sweeping updates to Washington State’s estate and capital gains tax laws—set to take effect July 1, 2025. From a new $3 million estate tax exemption to rates climbing as high as 35%, plus a 9.9% tax on long-term capital gains over $1 million, these changes could have major implications for your wealth, your legacy, and your planning strategy.
Don’t miss Tammi’s expert insights on what it all means—and how to get ahead of it.
Highlights and Takeaways
- Introduction to Estate Planning
- Understanding the Estate Tax
- Changes in Estate Tax Thresholds
- Impact of Increased Tax Rates
- Deductions for Family Businesses and Farms
- Strategies to Minimize Estate Taxes
- Long-Term Capital Gains Tax
- Conclusion and Resources
Links and Resources Mentioned
https://caresslaw.estate/estate-planning-resources/
https://www.washingtonpolicy.org/publications/detail/governor-ferguson-signs-the-largest-tax-increase-in-washingtons-history-into-law
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Follow the podcast in Apple Podcasts or Spotify
https://podcasts.apple.com/us/podcast/navigating-estate-planning-with-caress-law/id1576876621
https://open.spotify.com/show/4iGJ7mtWDeqgHExxPqKeKp
In this episode of Navigating Estate Planning with Caress Law, host Tammi Caress discusses a critical and often overlooked detail in estate planning: the importance of naming your trust as an insured party on your homeowner’s insurance policy.
Drawing from recent real-world events, including insurance complications following the Los Angeles County fires, Tammi highlights how failing to correctly list your trust can result in denied insurance claims and unnecessary financial loss and expands the conversation to include vehicles titled in the name of a trust.
Tune in to learn how small steps today can make a big difference in protecting your legacy tomorrow.
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Follow the podcast in Apple Podcasts or Spotify
https://podcasts.apple.com/us/podcast/navigating-estate-planning-with-caress-law/id1576876621
https://open.spotify.com/show/4iGJ7mtWDeqgHExxPqKeKp
In this episode of Navigating Estate Planning with Caress Law, Tammi Caress shares real-life horror stories of clients who neglected to put estate plans in place, leading to devastating consequences for their families. From unintended heirs to business failures and guardianship battles, these cautionary tales emphasize the importance of having a will, trust, healthcare directives, and tax-saving strategies to avoid legal chaos and financial losses.
Links and Resources
On Demand Webinar: Planning for Guardianship of Minors
7 Truths (and Truths) of Estate Planning
Podcasts: Episode 7 Oregon Estate Tax: What You Need To Know
Episode 20 When There's No Will: Understanding Intestate Succession
Episode 21 Untangling the Knot: Oregon's Spousal Elective Share
Episode 25 - 2026 Estate Tax Shake-Up: Protect Your Assets Now!
Episode 26 Understanding Blended Families Part 1
Episode 27 Understanding Blended Families Part 2
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Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Follow the podcast in Apple Podcasts or Spotify
https://podcasts.apple.com/us/podcast/navigating-estate-planning-with-caress-law/id1576876621
https://open.spotify.com/show/4iGJ7mtWDeqgHExxPqKeKp
In this episode we explore the powerful yet often overlooked strategy of the Annual Exclusion Gift. Whether you're looking to give meaningful financial gifts to your loved ones without triggering taxes or seeking ways to reduce your taxable estate, understanding the Annual Exclusion Gift is crucial.
We break down what this tax-free giving opportunity is, who can benefit from it, and how to maximize its potential.
Links and Resources Mentioned
Related Podcast Episode Links:
Episode 8 - Cost Basis
https://caresslaw.estate/episode-8-cost-basis/
Episode 7 - Oregon Estate Tax
https://caresslaw.estate/episode-7-oregon-estate-tax/
Leave a 5 Star Review
https://g.page/r/CZ7knJUB7Sd8EAE/review
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Follow the podcast in Apple Podcasts or Spotify
https://podcasts.apple.com/us/podcast/navigating-estate-planning-with-caress-law/id1576876621
https://open.spotify.com/show/4iGJ7mtWDeqgHExxPqKeKp
Welcome to today's episode, where we dive into the essentials of estate planning with a focus on blended families. We'll explore the critical documents in an estate plan for blended families, the consequences of not having a Will or Trust, and how each can benefit blended families. Plus, we'll discuss planning for minor children, stepchildren, and how to navigate spousal considerations and family dynamics in a comprehensive estate plan.
Stay tuned as we break down practical steps to ensure your plan is up-to-date and aligned with your wishes.
Links and Resources Mentioned
Should I have a Will or a Trust
https://caresslaw.estate/episode-1-should-i-have-a-will-or-a-trust/
Spousal Elective Share
https://caresslaw.estate/podcast-oregon-spousal-elective-share/
On Demand Workshop: Planning for Guardianship of Minors
https://caresslaw.estate/on-demand-workshop-guardianship-of-minors/
Business google review: https://g.page/r/CZ7knJUB7Sd8EB0/review
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Follow the podcast in Apple Podcasts or Spotify
https://podcasts.apple.com/us/podcast/navigating-estate-planning-with-caress-law/id1576876621
https://open.spotify.com/show/4iGJ7mtWDeqgHExxPqKeKp
In this episode, we're diving into the world of blended families, uncovering the unique challenges they face in estate planning. From juggling the needs of biological and stepchildren to ensuring fair distribution of assets, we'll explore the emotional and financial intricacies that can arise when two families blend into one.
Join us as we provide valuable insights and practical tips to create a rock-solid estate plan that keeps the peace and protects everyone's interests. Get ready for an engaging and eye-opening discussion that's crucial for every blended family!
In This Episode We Cover
-
Understanding Blended Families
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Common Estate Planning Goals for Blended Families
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Unique challenges faced by blended families
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Potential risks and conflicts without proper planning
Links and Resources Mentioned
Spousal Elective Share: Episode 21
On Demand Workshop: Planning for Guardianship of Minors
Business google review: https://g.page/r/CZ7knJUB7Sd8EB0/review
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Follow the podcast in Apple Podcasts or Spotify
https://podcasts.apple.com/us/podcast/navigating-estate-planning-with-caress-law/id1576876621
https://open.spotify.com/show/4iGJ7mtWDeqgHExxPqKeKp
The Federal Estate Tax has quietly stayed in the background for most, thanks to its high amount that can pass tax free at death. But starting January 1, 2026, everything changes, potentially impacting many more estates. Tune in to our podcast for essential strategies to reduce your tax burden and protect your legacy before it's too late!
In this Episode:
- Estate Taxes – What are they?
- Estate Tax Exemption
- Gift taxes
- Expiration of the Federal Exemption Amount
- Planning Opportunities
- Life Insurance
- Consult with Professional
Leave a 5 Star Review
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Follow the podcast in Apple Podcasts or Spotify
https://podcasts.apple.com/us/podcast/navigating-estate-planning-with-caress-law/id1576876621
https://open.spotify.com/show/4iGJ7mtWDeqgHExxPqKeKp
Today’s episode discusses the financial durable power of attorney, which is crucial in the management of your financial affairs if you're incapacitated. It is critical to guarantee that financial institutions honor this document, since their internal procedures may impede its acceptance at the time it is needed most.
What You Will Learn
- What is a Financial Power of Attorney (POA)?
- Why Financial Institutions may not accept POAs.
- Alternative Strategies
- Family Protector Program for Caress Law clients
Links and Resources Mentioned
[Episode 6] What is a Fiduciary and How to Choos the Right One
https://caresslaw.estate/episode-6-what-is-a-fiduciary/
[Episode 5] Revocable vs. Irrevocable Trusts: What’s The Difference?
https://caresslaw.estate/episode-5-revocable-vs-irrevocable-trusts/
Resources: https://caresslaw.estate/estate-planning-resources/
Free Workshops: https://caresslaw.estate/estate-planning-workshops/
Leave a 5 star review: https://g.page/r/CZ7knJUB7Sd8EB0/review
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Follow the podcast in Apple Podcasts or Spotify
https://podcasts.apple.com/us/podcast/navigating-estate-planning-with-caress-law/id1576876621
https://open.spotify.com/show/4iGJ7mtWDeqgHExxPqKeKp
In this episode, Tammi sits down with real estate expert Mark Charlesworth to delve into the intricacies of the probate process and selling property under probate. They explore key aspects to watch for, including how to avoid predatory tactics, and emphasize the critical role of professional guidance during this challenging time.
Connect with Mark Charlesworth
Mark Charlesworth and the Mark Charlesworth Real Estate Team: https://www.markcharlesworth.com/
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Follow the podcast in Apple Podcasts or Spotify
https://podcasts.apple.com/us/podcast/navigating-estate-planning-with-caress-law/id1576876621
https://open.spotify.com/show/4iGJ7mtWDeqgHExxPqKeKp
Links and Resources
Need to brush up on the probate process? See Episode 2 – What is Probate and Can It Be Avoided: https://caresslaw.estate/episode-2-what-is-probate-and-can-it-be-avoided/
Brush up on estate planning basics by listing to Episode 12 – Fact or Fiction? Common Myths of Estate Planning: https://caresslaw.estate/episode-12-fact-or-fiction-common-myths-of-estate-planning/
Business google review: https://g.page/r/CZ7knJUB7Sd8EB0/review
In this episode, host Tammi Caress emphasizes the crucial importance of properly signing a Last Will and Testament to ensure its validity. She shares some jaw-dropping tales of what happens when wills aren't signed correctly—think unexpected heirs and family drama.
Tammi’s advice? Get a pro, follow the rules, and keep the peace (and your wishes) intact!
What You Will Learn:
- Importance of Proper Will Execution
- Case Studies of improperly signed wills
- State Law and Intestate Succession
- Legal Requirement for a Valid Will
- Special Circumstances to Will Signings
- Are E-signatures Valid?
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Business google review: https://g.page/r/CZ7knJUB7Sd8EB0/review
Is your spouse entitled to a certain share of your estate? In this episode Tammi Caress discusses Oregon’s Elective share, the amount a spouse is entitled to receive, and how planning ahead can save time and expense for your loved ones.
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
How would you feel if you had no control over who inherited from you? This is precisely what happens when a person passes away without a will: they give up their freedom to choose who their beneficiaries are and how they inherit.
In this episode we discuss what it means to die intestate (without a Will) and the impact it has on those you leave behind.
Links and Resources Mentioned
What is Probate and Can it be Avoided podcast episode
https://caresslaw.estate/episode-2-what-is-probate-and-can-it-be-avoided/
Free On Demand Workshops: https://caresslaw.estate/estate-planning-workshops/
Business google review: https://g.page/r/CZ7knJUB7Sd8EB0/review
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Joining host Tammi Caress in this episode of Navigating Estate Planning with Caress Law is Lori Eckel, a certified clinical social worker who focuses on palliative care, hospice, and serious illness. Tammi and Lori discuss the significance of living wills and advanced directives, emphasizing the part they play in a person's priorities and values, and when it's best to start advanced care planning.
Key Takeaways:
- Purpose of Advanced Directives
- Beyond End-of-Life Decisions
- Involving Appointed Representatives
- Role of Healthcare Providers
- Optimal Timing for Advanced Care Planning
How to contact Lori Eckel: https://www.lorieckel-lcsw.com/
Resources:
Conversation Project: https://theconversationproject.org/
Prepare for Your Care: https://prepareforyourcare.org/en/welcome
Caress Law Resources: https://caresslaw.estate/estate-planning-resources/
Caress Law Free Workshops: https://caresslaw.estate/estate-planning-workshops/
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
In this episode of "Navigating Estate Planning with Caress Law," host Tammi Caress dives into the often-overlooked yet crucial topic of including pets in your estate plan. With her beloved golden retriever by her side, Tammi emphasizes the emotional bond we share with our furry companions and offers actionable steps to ensure their care even after we're gone.
Key Points Covered:
- Personal Connection to Pets
- Importance of Pet Planning in Estate Plans
- Incorporating Pets into Estate Plans
- Choosing Caretakers for Pets
- Alternative Options for Pet Care
Recommended Action Items:
- Review and update estate plans to include provisions for pets.
- Consider potential caretakers and trustees for pets' well-being.
- Explore options such as pet trusts and charitable programs for pet care.
Google Business Review: https://g.page/r/CZ7knJUB7Sd8EB0/review
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Tammi Caress is the founder of Caress Law, PC, a boutique estate planning, probate, and trust administration firm servicing clients in the States of Oregon and Washington. In today’s episode, Tammi shares advanced estate planning strategies to minimize estate taxation and pass more wealth to your loved ones.
Key Points:
- Overview of estate and gift taxes, emphasizing thresholds for taxation at federal and state levels.
- Techniques discussed:
- Tax-free gifts up to $18,000 per individual annually.
- Direct payment of tuition and medical expenses to institutions.
- Charitable contributions and trusts for tax deductions and reducing estate tax burden.
- Irrevocable trusts such as charitable remainder trusts and grantor retained annuity trusts.
- Family limited partnerships to reduce estate tax through minority interest discounts.
Google review: https://g.page/r/CZ7knJUB7Sd8EB0/review
If you want written materials on the subject, please click on the link to our blog:
7 Advanced Estate Planning Strategies to Reduce Estate Taxes:
https://caresslaw.estate/?s=advance+estate&et_pb_searchform_submit=et_search_proccess&et_pb_include_posts=yes&et_pb_include_pages=yes
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Tammi Caress is the founder of Caress Law, PC, a boutique estate planning, probate, and trust administration firm servicing clients in the States of Oregon and Washington. In Today’s episode Tammi Caress shares with you the importance of transparency with your estate planning attorney.
Key Points:
- Transparency with Your Estate Planning Attorney
- Understanding Beneficiary Histories
- Living-in Persons in Your Home
- Non-Blood Related Family Members
- Special Needs Beneficiaries
- Anticipating Family Dynamics and Conflicts
- International Considerations
- Health Status Disclosure
- Updates on Life Changes
Google review: https://g.page/r/CZ7knJUB7Sd8EB0/review
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
In this podcast episode, Tammi Caress, founder of Caress Law, delves into the power of disclaimers in estate planning to minimize estate taxes and maximize inheritance. Through clear explanations and illustrative examples, listeners gain insights into how disclaimers can strategically shape one's legacy. Tammi emphasizes the importance of timely action, coordination with a professional estate planning team, and regular reviews to ensure the effectiveness of the estate plan over time.
Key Topics
- What is a disclaimer?
- Estate Tax Overview
- How the disclaimer plan works to minimize estate taxes
- Benefits of Disclaimer Planning
- Key Considerations in Disclaimer Planning
Google Review link: https://g.page/r/CZ7knJUB7Sd8EB0/review
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Understanding your estate is crucial for securing your legacy and protecting your loved ones' futures. Join us in this episode as we demystify the term 'estate' and explore its profound impact on your estate plan.
Understanding the Estate
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An estate comprises all your assets, regardless of their value, including:
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Real property (e.g., homes, land)
- Cash equivalent accounts (e.g., savings, money market)
- Stocks, bonds, and investment accounts
- Business interests (e.g., LLCs, partnerships)
- Life insurance policies
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Retirement accounts (e.g., IRAs, 401ks)
-
Key point: Nearly everyone has an estate, regardless of wealth.
Importance in Estate Planning
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Different assets have varying inheritance processes:
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Assets with beneficiaries bypass the will and probate process.
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Jointly owned assets transfer directly to the surviving owner.
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Wills control probate assets, while trusts govern trust assets.
- Proper titling and beneficiary designations are crucial for asset distribution according to wishes.
Types of Estates
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Probate Estate:
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Governed by the will, includes assets without designated beneficiaries or joint owners.
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Subject to probate proceedings for distribution.
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Trust Estate:
-
Assets owned by a trust, managed according to trust terms.
- Avoids probate and provides privacy in asset distribution.
Tax Implications
- Estate tax applies to the total value of assets at death.
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Thresholds for filing estate tax returns vary by state:
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In Oregon, over $1 million; in Washington, just under $2.2 million.
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Proper estate planning can minimize tax liabilities through strategic asset management.
Conclusion and Resources
- Preparation is key: Maintain a detailed asset list with current titling and beneficiary information.
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Caress Law offers resources such as on-demand classes and live webinars for comprehensive estate planning education.
-
https://caresslaw.estate/estate-planning-workshops/7-truths-and-untruths-of-estate-planning/
- https://caresslaw.estate/episode-3-the-effect-of-account-titling-and-beneficiary-designations-in-your-estate-plan/
-
https://caresslaw.estate/episode-2-what-is-probate-and-can-it-be-avoided/
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Visit www.caresslaw.estate for access to workshops and further guidance on estate planning.
In this episode, we explore the intricacies of estate planning and highlight seven common mistakes individuals often make when crafting their estate plans. From procrastination to neglecting digital assets, our discussion aims to empower listeners with the knowledge to navigate these pitfalls and secure their legacy.
In this episode you will learn from the mistakes of others and be given tools to prevent making similar mistakes yourself. Here are some of the topics covered:
• DIY Wills and Trusts
• Working with an Estate Planning Attorney to minimize taxes
• Who to choose as your executor or trustee
• How to plan for your digital assets
• Funding your revocable trust
• Minimizing delays and estate complications
If you like the show, please subscribe and tell your friends and family about our show.
Tune in to safeguard your assets and ensure your wishes are honored in this crucial aspect of Estate planning.
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Tammi Caress is the founder of Caress Law, PC, a boutique estate planning, probate, and trust administration firm servicing clients in Oregon and Washington. After 20 years of practice, Tammi shares real-life mistakes her clients have made that cost them time, money, and peace of mind.
Does a Will avoid probate? Will the state take my assets if I die without a Will? Should I name my eldest child executor of my estate? These questions are answered in this episode while we bust the common myths of estate planning.
Subscribe to the podcast and listen to past episodes where we dive deeper into some of the myths and topics covered in this episode.
Common Myths of Estate Planning On-Demand Workshop: https://caresslaw.estate/estate-planning-workshops/7-truths-and-untruths-of-estate-planning/
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Do you need a Pour Over Will? The answer may surprise you. In this mini episode, we go over the Pour Over Will and when it is needed in your estate plan.
Links and Resources Mentioned
Should I Have a Will or a Trust?
https://caresslaw.estate/episode-1-should-i-have-a-will-or-a-trust
What is Probate, and Can it be Avoided?
https://caresslaw.estate/episode-2-what-is-probate-and-can-it-be-avoided
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Creating your Revocable Trust is the first step to protecting you and your family; however, not all assets can or should be owned by your revocable trust. This episode address how to pass those assets to your loved ones while still avoiding the probate process.
Links and Resources Mentioned
https://caresslaw.estate/podcast/i-created-a-revocable-trust-now-what
https://caresslaw.estate/podcast/what-is-probate-and-can-it-be-avoided
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Creating your Revocable Trust is the first step to protecting you and your family; however, in order to have the benefits the Revocable Trust offers, the trust creator (Trustor, Grantor, Settler) has the homework of titling their assets in the name of the newly created trust. This episode will walk you through that process and once finished, show you how easy the trust is to maintain going forward.
I chose this topic so that listeners can use this episode as a guide when funding their trust and to help those considering a revocable trust get comfortable with the idea. Once done, your everyday financial life does not change, and you have peace of mind that your wishes will be carried out as intended.
I have loads of resources on my website caresslaw.estate, including on-demand webinars on various topics geared to help you and your loved ones, both during your life and after death.
What You Need to Know About Funding Your Trust
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Assets that should be titled to the trust
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All about the certificate of trust
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How to place assets under your Trust umbrella (title assets to your trust) (a) Cash Equivalent assets (b) Securities (c) Real Property (d) Tangible Personal Property (e) Business Interests (f) Vehicles
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IRAs/401ks and other Qualified Plans
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Maintaining your Trust, once funded
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Life Insurance
Links and Resources
https://caresslaw.estate/podcast/should-i-have-a-will-or-a-trust
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Cost basis is not a glamorous topic, but it affects everyone. What is cost basis and how do you calculate cost basis? This episode will teach you what cost basis is and how it affects you and your loved ones during your life and upon death.
Links and Resources Mentioned
https://www.forbes.com/sites/baldwin/2011/03/25/how-to-calculate-a-cost-basis-for-your-stock/?sh=4e2ae08b6a37
https://www.forbes.com/sites/kellyphillipserb/2012/01/19/got-stock-cost-basis-rules-may-impact-taxes/?sh=23b76b94418a
https://www.forbes.com/advisor/taxes/capital-gains-tax/
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Most people hear about the federal estate tax, but what about Oregon's estate tax? In this episode, we review the Oregon estate tax, help you determine if your estate will be subject to this tax, and offer a few planning opportunities you can do now to minimize the estate tax burden.
Links to Form OR-706
https://www.oregon.gov/dor/forms/FormsPubs/form-or-706-inst_104-001-1_2021.pdf
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
The only thing more important than having fiduciaries in place in the event of incapacity or death, is who you choose to represent you and your family when the time comes. In this episode, you will learn what a fiduciary is and how to choose the right person to carry out your wishes.
Links and Resources Mentioned
Blog: https://caresslaw.estate/power-of-attorney/power-of-attorney-how-to-choose-the-right-agent
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
While most of us have heard of “trusts,” few understand the differences between the various types of trusts, specifically revocable and irrevocable trusts. When it comes to estate planning, these two types of trusts are discussed most often. Learn about the differences between these types of trusts—and when (and how) they should be used.
Links and Resources Mentioned
Blog: https://caresslaw.estate/estate-planning/what-to-consider-when-deciding-between-a-revocable-and-irrevocable-trust
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Estate Planning is not just about planning for your death. Just as important are documents that allow someone to help if you become incapacitated. Learn about the most important documents every young adult should have in place.
Links and Resources
Blog: Advance Directives, Power of Attorney & Other Estate Planning Documents Your College Student Needs: https://caresslaw.estate/estate-planning/estate-planning-documents-your-college-student-needs
Connect with Tammi Caress https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Many people make a will and think they have ensured their loved ones will inherit their assets at death. In this episode, we will go over title of assets and the effect it has on how assets pass at death. You will be surprised at the results! Connect with Tammi Caress https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
You may have heard of probate, but do you know what it is? Many people do not understand the probate process when it is required at death and if your estate will be subject to it. In this episode, we break down the probate process, when probate is required at death, and the documents that go through probate or will avoid probate at death.
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Have you been told you need a trust but don't understand why or what a trust is? Do you think a Will avoids probate? This episode breaks down the differences between a Will and a Trust and why you may need one, or both, and discusses the effect each has on you and your loved ones
Links and Resources Mentioned
Estate Planning Primer: https://caresslaw.estate/estate-planning-resources
Blog - Difference Between Wills and Trusts: https://caresslaw.estate/estate-planning/probate-questions-answers
Connect with Tammi Caress https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/
Welcome to Navigating Estate Planning with Caress Law. Meet your guide Tammi Caress.
Connect with Tammi Caress
https://caresslaw.estate/
https://www.linkedin.com/in/caresslaw/