Navigating Estate Planning with Caress Law

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

1. Understanding Blended Families

2. Common Estate Planning Goals for Blended Families

3. Unique challenges faced by blended families

4. 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:

1. Estate Taxes – What are they?
2. Estate Tax Exemption
3. Gift taxes
4. Expiration of the Federal Exemption Amount
5. Planning Opportunities
6. Life Insurance
7. 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

1. What is a Financial Power of Attorney (POA)?
2. Why Financial Institutions may not accept POAs.
3. Alternative Strategies
4. 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:

1. Importance of Proper Will Execution
2. Case Studies of improperly signed wills
3. State Law and Intestate Succession
4. Legal Requirement for a Valid Will
5. Special Circumstances to Will Signings
6. Are E-signatures Valid?

Links and Resources

Episode 21 Untangling the Knot? 

 https://caresslaw.estate/estate-planning-podcast/

 Business google review: https://g.page/r/CZ7knJUB7Sd8EB0/review

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

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:

1. Purpose of Advanced Directives
2. Beyond End-of-Life Decisions
3. Involving Appointed Representatives
4. Role of Healthcare Providers
5. 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/