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Scott C. Schultz
Offices in Eugene, Salem, and Roseburg, Oregon
Scott is an Oregon attorney that focuses on Estate Planning, Medicaid Planning, Trust and Estate Administration, Asset Protection, and Charitable Planning.
Recent Activity
Just as second and subsequent marriages are more complex, estate planning for second and subsequent marriages is also far more complex than first marriages. How do you protect your spouse and your children at the same time? Can you provide for everyone comfortably? How do you make sure that wealth is transferred to your children and not your spouses’ next spouse, if you should pass first? And how do you keep everyone’s feelings from being hurt? Start by taking an inventory of everything that you own, from high to low value. Ask your spouse to do the same. Compare notes – who do you want to get the collectible car, who should get the artwork, and who should get title to the vacation home? The most important part of this exercise is to start a conversation about the things you own, the people you love and how you would like your possessions to be distributed. Consider two scenarios – if you die first, or if your spouse dies first. Continue reading
Posted Oct 26, 2015 at Schultz & Associates Estate/Elder Law
If Congress does nothing, which they’re good at, the current estate tax law will expire at year-end giving nearly 15 million U.S. households a potential estate tax liability, according to new research. Continue reading
Posted Oct 10, 2012 at Schultz & Associates Estate/Elder Law
You need to make sure your will and trusts are worded to accommodate all the possibilities. You also need to revisit them regularly to avoid ending up with a very different result than what you think you're planning. Continue reading
Posted Aug 20, 2012 at Schultz & Associates Estate/Elder Law
Having a long-term financial plan in place is crucial for parents of special-needs children. It will help parents juggle saving for the child's care as well as for college for other children and their own retirement. It also will help guarantee that the care—and the money to pay for it—will continue once the parents are no longer around. Continue reading
Posted Aug 17, 2012 at Schultz & Associates Estate/Elder Law
"We're sort of in a perfect storm right now because the gift tax exemption is higher than it's ever been, and the value of businesses are at an all-time low, which makes it a perfect time to gift them," says Karen Goldberg, president of the Estate Planning Council of Manhattan and a principal at accounting firm EisnerAmper. Continue reading
Posted Aug 15, 2012 at Schultz & Associates Estate/Elder Law
The way people walk appears to speak volumes about the way they think, so much so that changes in an older person’s gait appear to be an early indicator of cognitive impairment, including Alzheimer’s disease. Continue reading
Posted Aug 14, 2012 at Schultz & Associates Estate/Elder Law
This year many states have looked at legislative proposals to change their estate tax laws. In Oregon, Ballot Measure 84 would phase out Oregon estate tax by 2016. Continue reading
Posted Aug 13, 2012 at Schultz & Associates Estate/Elder Law
Wealthy parents today face an inevitable choice: leaving boatloads of money to kids who aren’t good with money. Continue reading
Posted Mar 23, 2012 at Schultz & Associates Estate/Elder Law
A New York appeals court rules that a woman who, two years before applying for Medicaid, transferred money to a friend through joint tenancies in a claimed effort to avoid probate did not rebut the presumption that the transfers were made in order to qualify for Medicaid. Continue reading
Posted Mar 21, 2012 at Schultz & Associates Estate/Elder Law
“It used to be that you would write out your will, name some trustees and hope for the best for all of eternity. But, increasingly, folks aren't leaving it to luck. They're appointing a "trust protector," someone given broad power to reshape your trust over time.” Continue reading
Posted Mar 19, 2012 at Schultz & Associates Estate/Elder Law
A larger share of people's savings is winding up in IRAs—even as estate and inheritance-tax rules are getting trickier and the markets are growing more volatile. All of this is making life more complicated for widows and widowers, and could cause them to make significant mistakes with their money. Continue reading
Posted Dec 16, 2011 at Schultz & Associates Estate/Elder Law
Living with Alzheimer’s disease is very difficult for the individuals affected and their loved ones. But by dedicating some time early on in the diagnosis and fighting for the cause during World Alzheimer’s Month and beyond, a family can know they have done everything to support their loved one to live a full life and protect their legacy. Continue reading
Posted Sep 29, 2011 at Schultz & Associates Estate/Elder Law
Family fights after the death of a loved one can be unpredictable Continue reading
Posted Sep 28, 2011 at Schultz & Associates Estate/Elder Law
Sometimes you travel because you want to, sometimes because you need to. Whatever the reason, planning a trip can be logistical nightmare for caregivers. Continue reading
Posted Sep 26, 2011 at Schultz & Associates Estate/Elder Law
Being asked by friends or family to be executor of an estate is a big honor, but the warm feelings can vanish once the job starts. Continue reading
Posted Sep 26, 2011 at Schultz & Associates Estate/Elder Law
As the amount of money stashed in 401(k)s and individual retirement accounts has grown, more and more families are finding themselves locked in battles over who has rights to the assets. Continue reading
Posted Sep 22, 2011 at Schultz & Associates Estate/Elder Law
One of the most common estate planning mistakes that people make is joint ownership. Continue reading
Posted Sep 20, 2011 at Schultz & Associates Estate/Elder Law
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Sep 12, 2011