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Estate Planning

Powers | Howard | Quimby LLP is a Certified Public Accounting firm located in Eugene, Oregon. We specialize in tax preparation for individuals, businesses, trusts & estates, and non-profits.

Estate planning on your own can be complicated and costly. There are multiple considerations: state taxes, bureaucracy, probate courts, appraisals, health care concerns, eligibility of heirs, life insurance, IRA's, 401K's, annuities, burial or cremation costs, and intent regarding death-postponing treatment to name a few. Not knowing your legal and financial rights often ends up costing you more in the end.

Thoughts of estate planning often bring more questions than answers: Could an heir be too young to inherit? Should the inheritance be given at a certain age? Is the intended beneficiary in a shaky marriage with divorce as a possibility? Are there children from a previous marriage? Should inheritance be protected from potential creditors of the heir? Are there taxes that can be avoided? Are you able to avoid the probate court rules, delays, and costs?  These are just some of the questions that should be considered.  Planning what happens to your estate when you're gone can seem overwhelming, frustrating and intimidating without qualified professional help.

You may feel that you're too young to care about estate planning. Or, perhaps the reminder of death makes you uncomfortable. You might be tempted to put the whole thing off, assuming that it will just take care of itself. Estate planning ends up saving your family time, heartache and money.

Every estate planning situation is different. In order to help you, we will want to know you, your unique situation, and the nature of your relationships. We offer discussion, recommendations and useful research tools to make your planning more straighforward, efficient, and less stressful. We are available throughout the process for further discussion regarding questions, change of circumstances, and alternatives. An estate plan should be updated as your circumstances change. We will make suggestions over time to ensure you are informed and your plan is updated.

We can help you...

  • Clearly define your estate planning goals.
  • Assist with organizing your estate planning team (experts on law, finance and tax) if you need one.
  • Evaluate and recommend estate planning options.
  • Review your estate planning documents including current wills, trusts, health care and power of attorney.
  • Lessen taxes at time of death.
  • Draft a working plan for conserving and effectively managing your estate after death.
  • Assist with management of your estate under the terms of  your will or trust.
  • Amend your plan as needed.

We also consult regarding...

  • Living Wills and Trusts.
  • Lifetime Family Wealth Transfers.
  • Family partnerships and other business relationships.
  • Leaving money to charities.
  • Preparation for estate and trust tax problems.

Estate planning can be daunting, but you don't need to do it alone. Our team is available to assist you through every step of the process.