HERRIG LEGAL SERVICES LLC
PORTLAND, OR
Practice Areas
Business
Estate Planning
Intellectual Property
Beer & Cannabis Law
Blog Posts
Life Insurance in Estate Planning
Life insurance plays a critical role in estate planning, providing a financial safety net for your loved ones in the event of your passing. It is an essential tool that helps you secure their financial well-being, cover expenses, and address potential estate liquidity needs. Understanding the Benefits of Life InsuranceLife insurance offers several significant benefits […]
Maximizing Tax Efficiency in Estate Planning
Effective estate planning involves not only protecting your assets and ensuring their smooth transition but also maximizing tax efficiency. By implementing strategies that minimize the tax burden on your estate, you can preserve more wealth for your beneficiaries. There are several key considerations and strategies. By understanding the potential tax implications and utilizing appropriate techniques, […]
Estate Planning for Blended Families
Blended families, consisting of remarried or re-partnered individuals with children from previous relationships, bring unique dynamics to the estate planning process. Balancing the financial well-being of a spouse or partner while ensuring the equitable distribution of assets among children can be complex. In this post, we will explore the intricacies of estate planning for blended […]
Choosing an Executor for Your Will
Selecting the right executor for your will is a critical decision in the estate planning process. An executor is responsible for carrying out your final wishes and ensuring the smooth administration of your estate. By understanding these factors, you can make an informed decision that ensures the proper management and distribution of your assets. Trustworthiness […]
The Art of Choosing a Strong Trademark
In today’s competitive business landscape, a strong trademark is a valuable asset that sets your brand apart and fosters customer recognition. Selecting a strong trademark requires careful consideration and strategic planning to ensure legal protection and long-term success. Below, we will explore the essential factors and strategies to help you choose a strong trademark. We […]
The Effect of IRC 280E on the Cannabis Industry
The cannabis industry has witnessed significant growth in recent years, but it faces unique challenges due to its federal classification as a Schedule I controlled substance. One of the most significant hurdles for cannabis businesses is Internal Revenue Code Section 280E (IRC 280E), which limits the deductibility of business expenses for entities engaged in the […]