Tag Archive for: Camas

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Estate Planning in Times of Change: Part 1

With a new presidential administration onboarding, the estate planning landscape is shifting beneath our feet. If you’ve been waiting for the “right time” to create or update your estate plan, there’s no time like the present, which presents opportunities and urgencies that demand attention. With anticipated changes on the horizon and favorable conditions that won’t last forever, understanding your options has never been more critical.

In this two-part series, we’ll explore what we know for certain, what remains unclear, and most importantly – what you can do about it. Next week, we’ll look at strategies for protecting loved ones who may be especially vulnerable in the coming years. But this week, we focus on taxes, interest rates, and asset protection. Let’s dive in.

What We Know About Taxes and Interest Rates

Here’s what we know: The current estate planning environment offers some significant advantages that won’t last forever. The estate tax exemption for 2024 sits at $13.61 million per person ($27.22 million for married couples) – the highest it’s ever been. That number increases in 2025 to $13.99 million per person (or $27.98 million for married couples). You can transfer substantial wealth to your loved ones without triggering federal estate taxes. This creates a once-in-a-lifetime opportunity for many families to secure their legacy and protect their assets from future estate tax exposure.

However, we also know that this generous exemption is scheduled to sunset on December 31, 2025. Without new legislation, the exemption amount will drop significantly – to approximately $7 million – on January 1, 2026. This means that gifting assets out of your estate in 2025 could give you a $7 million opportunity to move assets that otherwise could be subject to estate tax rates that have been as high as in the past. When you are considering whether to gift assets out of your estate in 2025, remember to consider:

1. Not just the current value of your assets, but what they will grow to over your lifetime;

2. You can gift assets in ways that allow you to maintain aspects of control and even use. Call me and let’s discuss it.

3. The earlier in the year you get started on your considerations, the less expensive your planning will be, and the more likely we can get it done in time, so if you are likely to have an estate over $7 million in value at the time of your death, call me immediately to schedule.

Pausing here momentarily, I want to point out something important: Your estate may be larger than you think. For tax purposes, your estate includes your home’s fair market value (minus the mortgage) and any other real estate you own, life insurance policies, retirement accounts, investment accounts, and other assets. So, while you may have assets that total less than the $13.99 million exemption in 2025, you very well could be affected by the 2026 exemption. If you want to know for sure, I can help. Read on to find out how to book a call with me.

Additionally, 2024 gift tax laws allow you to give up to $17,000 per person annually without triggering any tax consequences. For married couples, you could give up to $34,000 to each child, grandchild, or anyone else to protect assets and pass them to your loved ones without tax liability. This is separate from the lifetime estate tax exemption and represents an additional tool for reducing your taxable estate. In 2025, the gift tax exclusion will increase to $19,000 per person.

Interest rates are another crucial factor. After a period of historic high interest rates intended to curb inflation, rates have finally begun to decline (though at the time of publishing, rates are fluctuating). Lower interest rates could make specific estate planning strategies particularly effective, especially if you want to transfer wealth to future generations. To learn more, book a call with me below.

Now that you’re clear on the current state of taxes, interest rates, and asset protection, let’s shift gears and discuss what’s uncertain.

What Remains Uncertain

We can anticipate changes with the new presidential administration and legislative session, but what those changes are is unclear. Different administrations often have vastly different approaches to tax policy, which can significantly impact estate planning strategies.

Here’s what we don’t know:

  • Whether new legislation will freeze the current exemption and stop the estate tax exemption from dropping in 2026
  • How long interest rates will continue to decline
  • What changes might come to the gift tax exclusion and other wealth transfer tools
  • Whether state-level estate taxes might change in response to federal shifts
  • How treatment of retirement accounts and inherited IRAs might evolve
  • Whether new restrictions might be placed on currently available planning strategies

With all this uncertainty, you may feel tempted to sit back and see what happens. However, waiting could mean missing valuable opportunities to protect your family’s financial future. History shows us that when tax laws change, they often do so quickly and with limited opportunities to act before new rules take effect. So, the time to at least have a conversation and start the discussion is now.

Why You Need to Take Action Immediately

Combining what we know and what remains uncertain creates a clear imperative: you should take immediate action. Here’s why:

Current Benefits: Today’s high exemption amounts and declining interest rates create optimal conditions for transferring wealth. By acting now, you can lock in these advantages before they potentially disappear. Many of the strategies available today might be limited or eliminated in the future.

Future Protection: I help you create a properly structured Life & Legacy Plan that can help shield your assets from future tax changes. While we can’t predict what changes will come, we can build flexibility into your Life & Legacy Plan to adapt to various scenarios. This might include using specialized trusts, family-limited partnerships, or other advanced planning tools that can provide long-term benefits regardless of how tax laws change.

Peace of Mind: Beyond tax considerations, creating a Life & Legacy Plan ensures your wishes will be honored and your loved ones protected, regardless of what changes come at the federal or state level. This includes ensuring your healthcare directives are current, your power of attorney designations are appropriate, and your asset protection strategies are robust. I also help you keep your plan updated over time so your plan always works – no matter who’s in office.

Family Security: The actual value of estate planning goes far beyond tax savings. It’s about ensuring your family has the resources and guidance they need when you can no longer provide them. This includes protecting your children’s inheritance, providing for family members with special needs, and ensuring your charitable goals are met.

Speaking of family members with special needs, check back next week. In Part 2 of this series, we’ll explore specific strategies for protecting vulnerable family members and preserving family harmony through times of change. We’ll also discuss planning considerations for LGBTQ+ families, families with children who have special needs, and other situations requiring special attention in today’s environment.

Your Next Steps

I understand that these changes and uncertainties can feel overwhelming. That’s why I offer a Life & Legacy Planning® Session designed to help you understand exactly how these current conditions and upcoming changes might affect your family.

Don’t wait until the last minute to act. While tax considerations are important, the real value of estate planning lies in protecting your family and preserving your legacy.

Take the first step toward securing your family’s future by booking a Life & Legacy Planning Session.

Contact us today!

This article is a service of Res Nova Law, a Personal Family Lawyer® Firm. We don’t just draft documents; we ensure you make informed and empowered decisions about life and death, for yourself and the people you love. That’s why we offer a Life & Legacy Planning™ Session, during which you will get more financially organized than you’ve ever been before and make all the best choices for the people you love. You can begin by calling our office today to schedule a Life & Legacy Planning™ Session.

The content is sourced from Personal Family Lawyer® for use by Personal Family Lawyer® firms, a source believed to be providing accurate information. This material was created for educational and informational purposes only and is not intended as ERISA, tax, legal, or investment advice. If you are seeking legal advice specific to your needs, such advice services must be obtained on your own separate from this educational material.

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2nd Annual Volunteer & Community Engagement Summit Coming Jan. 25

Camas, WA — The Downtown Camas Association is excited to host the 2025 Volunteer & Community Engagement Summit. This event aims to connect local people with nonprofit organizations serving Camas and Washougal to build connections that strengthen everyone involved. Individuals and families can explore service opportunities, collect information about local programs, and learn more about all the important work performed by nonprofits in their community. The event will take place on Saturday, January 25th, from 11am-3pm, inside the Fuel Medical lobby located at 314 NE Birch Street in Downtown Camas.

Attendees interested in volunteerism will be able to meet with 14 unique local organizations. It will be an open house format, where people will leisurely walk through and connect with the organizations at their own pace. The goal of the event is to foster meaningful connections and help make engagement opportunities easier between organizations and potential volunteers. People of all ages and backgrounds are encouraged to attend. Employers that offer corporate volunteer initiatives are also welcome. Whether you’re looking for a volunteer opportunity for a few hours a month, or a longer-term commitment, you will find an organization that fits your interests. From supporting education and literacy initiatives, bolstering local food access, promoting environmental sustainability and community development, each organization offers unique opportunities for individuals to get involved and make a difference.

Participating organizations at the summit include:

– 100 Women Who Care Clark County

– Camas Farmer’s Market

– Camas Ivy League

– Camas Lion’s Club

– Camas Washougal Community Chest

– Downtown Camas Association

– EatWell Camas Community Garden

– Impact-Camas Washougal

– Lacamas Watershed Council

– LiveWell Camas

– Read NW

– Refuel Washougal

– Rotary Club of Camas-Washougal

– Unite! Washougal

“We are thrilled to bring this event back for a second year,” said Leah Nichelson, Event and Special Project Manager for the Downtown Camas Association. “We often hear that people want to volunteer but don’t have time to research which organization is right for them. This event is a low-pressure way to meet so many great nonprofits under one roof! You can find the group doing the work that you’re most passionate about. It’s also a great opportunity for people new to the area to connect and start building a community for themselves.”

Complimentary refreshments will be provided by Cedar Street Bagel Co.

New residents to the area are encouraged to attend and can pick up a Welcome Packet from the Downtown Camas Association, with information about Downtown and a special gift from Sweet Intention Gift Boutique (while supplies last).

Attendees can also explore incredible deals and discounts at participating Downtown Camas merchants during the Once in a Blue Moon Sale. Happening concurrently with the event, this sale offers the perfect opportunity to shop, save and support local businesses.

This event is organized and hosted by the Downtown Camas Association (DCA). The DCA is a 501c3 nonprofit that works year-round to strengthen and promote Downtown Camas through partnerships, events, beautification and historic preservation projects, public art engagement, economic development, advocacy, and tourism functions. For information on this and other DCA events, downtowncamas.com/events-and-festivals/. Sign up for the weekly Downtown Camas Association newsletter at https://lp.constantcontactpages.com/sl/peBo4oV

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Camas City Council Member Bonnie Carter to Resign from Position Feb. 3

Camas, WA – Camas City Council Member Bonnie Carter announced that she will be stepping down as the Ward 2 Position 1 representative, effective February 3, 2025.     

Carter informed staff and Council of her decision at the Jan. 6, Council Meeting. Carter was sworn into office Feb. 2, 2015, and was then elected to her first full-term in November of 2015. Carter’s current term was set to expire, Dec. 31, 2027.

“Ten years is a solid run,” said Carter. “I wanted to help Mayor Hogan with a few things and we got two ballots to the voters: Strategic Plan and Vision 2045 is wrapping up so it’s a good time for another person to step forward and add their perspective to the mix. Steve retired in April and this allows me a little more time to spend with him so there’s that silver lining.”

A Camas resident since 2002, Carter has been a regular volunteer in the school district and the community, while also serving as treasurer for the Camas Educational Foundation.

“We’re very sad to see Bonnie leave, but we certainly appreciate the 10 years she has dedicated to our City,” said Camas Mayor Steve Hogan. “I know we’ll have big shoes to fill, but we wish her the best on her future endeavors and thank her for her service,” he said.

She is the Administrative Secretary at Skyridge Middle School., and was recently appointed to the following committees for 2025:

  • Council Policies and Procedures Committee Representative 
  • Finance Committee Liaison 
  • Homelessness Strategy Committee Liaison
  • Joint Policy Advisory Committee (JPAC) and Regional Fire Authority Committee Representative 
  • Library Board of Trustees Liaison
  • Port of Camas-Washougal Liaison

Carter also served as Mayor Pro Tem in 2024, 2019 and first half of 2021.

Officials with the City are determining the timeline for the application process and will be providing that information in the coming weeks. Once defined, the City Council will discuss the process of filling the Council seat vacancy.

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Celebrating Dual Athlete Chase McGee and His Supportive Family

One of the joys of covering local sports is seeing kids grow up and one of the common patterns of successful student-athletes is a supportive family.

Camas WR Chase McGee is a very successful multi-sport athlete because of his own talents and work ethic, but as a young boy he always attended the sports events of his older sisters, Irelyne McGee and Shea McGee, who are champion athletes in diving and gymnastics.

I was fortunate to cover their swimming/diving and gymnastic events over many years and got to know the whole McGee family. Chase was a great kid who grew into an amazing young man!

I’m sure he will also do well with pole vaulting this coming season.

Happy New Year!

Sincerely,

Ernie Geigenmiller
Editor & Publisher
Lacamas Magazine

McGee
McGee
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City of Camas Looking for Input on Vision for 5-Year Strategic Plan

Camas, WA — The City of Camas is asking for resident feedback when it comes to the City’s next 5 -year strategic plan via a survey on Engage Camas.

Interested community members can visit https://engagecamas.com/strategic-plan and provide their responses on what they think the City should focus on over the next 5 years in terms of vision, values and priorities, which will help guide City operations and decision-making.

Through a robust engagement process the City aims to foster inclusive and meaningful participation from both internal city staff as well as external community members and residents, ensuring all voices have access to provide input in shaping the future priorities for the City.

Anonymous feedback received through this survey will be shared with members of the Community Advisory Committee to inform recommendations and the development of the strategic plan. The CAC is composed of members representing a diverse array of professional backgrounds, lived experience and insights as to the future of the City of Camas.

More information is available at www.engagecamas.com

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6 Ways to Improve Your Public Speaking Skills

For thousands of years, the concept of leadership has been linked to the skill of public speaking. This was just as true for Marcus Aurelius as it was for Steve Jobs. In many fields, in fact, public speaking is a skill that can still determine the trajectory of a person’s career path; it’s a leadership skill that is perennially useful and is one of the foremost qualities of a truly well-rounded person.

The good news is that public speaking is a skill that can be learned by anyone with enough practice; here are just a few good ways to make sure that your public speaking goals are achievable, manageable, and suited to your particular career or personal needs.

1. Use Positive Reinforcement

If you’re really interested in getting better at public speaking, remember that positive reinforcement tends to go a lot farther than negative reinforcement. Rewarding yourself for practicing in the early stages of skill development might feel like jumping the gun. On the other hand, you’ll be subtly reinforcing the notion that practice of a skill leads to good things with each reward given and micro-goal reached.

2. Set Realistic Finish Lines

As with many things in life, the key to undertaking a serious task is to set a realistic expectation of results and realistic timelines for your efforts to succeed. For many people, the use of vague deadlines and overoptimistic expectations can make a personal or professional project seem thoroughly unattainable. This can lead to a disheartening situation in which a steady stream of false starts create an impression that “nothing will ever go right” or that failure is inevitable.

In other words, try to spend time planning out your roadmap to success well before you start. When it comes to setting goals, what is a realistic achievement to expect and a realistic deadline for the achievement? Just as you’ll want to know where the finish line is while you’re running a marathon, you’ll want to keep in mind what the end of this particular journey looks like and feels like to you.

3. Make a Video

One of the biggest barriers to attaining good public speaking skills is a fundamental misunderstanding of how we appear to others when we have their attention. This is a natural problem that any good public speaker will struggle with: From our perspective as speakers, we can see how others are reacting to what we’re saying and how we’re saying it, but we can’t see what they see. To help this, try to record yourself presenting a written or memorized speech on video.

After you’ve done so, pay special attention to what works and what doesn’t in your mannerisms: Perhaps you’re someone who struggles with eye contact when you’re nervous; perhaps you tend to fidget when you’re at a loss for something to say. Remember that all good public speakers regularly practice their craft by recording themselves or by speaking into a mirror. Master this principle of self-analysis or learning to see yourself as others see you and you’ll be halfway towards becoming an excellent public speaker.

4. Find Subjects That Resonate With You

If you’re deeply invested in a personal cause, it follows that your emotional investment in a given subject will permeate your thoughts, actions, and words concerning that subject. Conversely, a distinct lack of interest on your part in a given subject will make even the most well-written speech ring hollow. To become a great public speaker, learn to be yourself and to pursue subjects that genuinely matter to you.

5. Look at the Bigger Picture

In other words, try to find your mission in life and develop an idea of how your public speaking skills will serve that mission. The Gettysburg Address would not be so convincing to us if Abraham Lincoln were not deeply invested in the outcome of the Civil War at the time the speech was written; as the leader of a country, Lincoln knew what was at stake for himself and for others if his nation was torn apart and directed his words accordingly. While your speech may not have as grand of consequences as that, it’s still important to remember why you’re giving the speech you’re giving.

6. Understand Your Passions

Have you ever watched someone give a speech about something that they clearly don’t care about? Perhaps the “right” words were all there, but emotionally their speech failed to land with their audience. You’ll often see this state of affairs happen in politics when someone has to get across a message that they’re not particularly excited about or interested in.

This is not to say that great speeches can’t be written about potentially dull subjects. However, if your audience sees your eyes light up about a particular subject that is close to your heart, your speech will probably be compelling to them regardless of its subject matter. If you seem bored by the subject or even uninvested in the outcome of a particular line of thinking, however, it probably won’t matter how compelling your argument is on paper. To really excel at public speaking, you need to feel the emotions you want to convey to your audience.

By: Katherine Robinson, a writer for Executive Speakers Bureau

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Camas’ Hometown Holidays, Christmas Tree Lighting Set for Dec. 6

Camas, WA -– The City of Camas’ Hometown Holidays, which draws thousands to downtown Camas, will take place Friday, Dec. 6, from 5 pm– 8 pm.  This festive event will include a full slate of activities, including the popular tree lighting ceremony.

Residents and visitors will once again enjoy a bustling downtown Camas, filled with school and community choirs, bands and dancers, photos with Santa (bring your camera!), crafts for the kids, street food vendors, and downtown restaurants and shops open for business.  The tree-lighting ceremony will kick off the event at 5 pm, thanks to the coordination and sponsorship by the Downtown Camas Association and the Camas-Washougal Chamber of Commerce.  Hometown Holidays is coordinated and hosted by Camas Parks & Recreation and coincides with Downtown Camas Association’s First Friday.

Hometown Holidays and the events are free and open to all, thanks to the financial support of Columbia Credit Union, Windermere Camas/Crest Realty, iQ Credit Union, Downtown Camas Association, Lutz Hardware and in-kind donors and volunteers. In addition, various restaurants and food vendors will be open to purchase food. Visitors can also use the opportunity to shop for their holiday gifts in Camas’ well-known historic downtown.  

The free parking shuttle, courtesy of the Camas School District, will run its easy-to-park & ride event shuttles from 4:30 – 8:30 pm. Four color-coded parking lots within 1-mile of downtown Camas will be incorporated into one continuous shuttle route.  The shuttle route will stop at each of the parking lots and will drop off riders on the street between Camas City Hall and the Camas Public Library.  The shuttle is free; details can be found at www.cityofcamas.us/parksrec; and click on the “Special Events” tab.

A few suggestions before venturing out this year, please leave dogs at home; this event is not a good fit, as it will feature very large crowds. Visitors can park their strollers at the Festival Information Tent, located at 4th & Cedar St.; and Journey Church will also be hosting a quiet room to allow diaper changing and nursing mothers. 

For event locations and other event details, visit

https://www.cityofcamas.us/parksrec/page/hometown-holidays-2024

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Navigating End-of-Life Care: Lessons from a Daughter’s Tragic Experience

In an aging society, you might face difficult end-of-life decisions for your loved ones sooner than expected. And when you do, you’ll realize the journey through end-of-life care is rarely straightforward. A recent and heartbreaking story from Maggie Schneider Huston in Newsweek illustrates this. In this article, I’ll highlight key insights from Maggie’s experience and offer practical advice for your situation.

First, know that an advance directive is a legal document that outlines your wishes for medical care if you cannot decide for yourself. In most states, it also gives authority to a person or people you choose to act on your behalf and ensure your wishes are fulfilled. With that, let’s dive into Maggie’s story. As you read, consider how you might prepare for similar situations in your life or the lives of your aging relatives.

What Happened?

Maggie’s story begins in 2023. Her mom died, and shortly after, Maggie’s father, Terry, revised his will and created an advance directive. He wanted to be entirely prepared for a planned heart surgery he was to have less than three months later.

His advance directive reflected his desires that he’d been clear about – that he did not want to suffer when his life was coming to an end. He did not want machines to keep him alive. He only wanted to be comfortable. Maggie and her siblings understood and supported their father’s wishes. They gave one of his doctors a copy of his advance directive before the surgery. That doctor later admitted that he hadn’t read it. Terry’s other two doctors did not know he had an advance directive.

After Terry’s heart surgery, his health declined rapidly. As he was lying in the hospital bed, his doctors arguing that he could live with the assistance of machines, he told them that’s not what he wanted. He repeatedly asked for hospice care. Despite Terry’s wishes, his doctors would not order hospice care for him.

Maggie and her siblings quickly got involved and read Terry’s advance directive to the doctors. And after repeated requests, the doctors finally relented. He died shortly after. Even though Terry’s wishes were finally honored, it wasn’t without frustration and heartache for Terry and his family.

It’s easy to see why the doctors insisted on keeping Terry alive. Their job, after all, isn’t to facilitate death but to promote life (no doubt the fear of being sued for medical malpractice was a factor, too). So it’s not a leap to think that if Terry didn’t have an advance directive, he would still be alive today, subsisting on the assistance of machines at an extreme cost to the family.

So, as Maggie’s story illustrates, having an advance directive is just the first step. You must also ensure that the advance directive is readily available and that your chosen advocates are prepared to fight for your wishes if necessary. It also helps to have a trusted lawyer by your side.

Advocating for Your Loved Ones

Maggie’s experience with her father shows how important advocacy can be. If you find yourself in Maggie’s situation with a parent or other loved one, here are some strategies you can take to ensure their wishes are honored:

Be prepared to speak up and ask questions. If you need help understanding something, ask for clarification. Don’t be intimidated by medical jargon or embarrassed about asking for explanations.

Ensure that all medical team members have read and understood the advance directive. Don’t assume that because one doctor has seen it, all of them have.

If your loved one’s wishes are ignored, don’t hesitate to escalate the issue to hospital administration or patient advocacy groups. Remember, you’re not just a visitor but an essential part of your loved one’s care team.

Keep a journal or log of all interactions with healthcare providers. Document who you spoke to, what was discussed, and any decisions made. This can be invaluable if there are disagreements or misunderstandings later.

Build relationships with the nursing staff. The nursing staff spends the most time with patients and can be powerful allies in advocating for your loved one’s care.

Consider bringing in outside help if needed. If you feel your loved one’s rights are being violated, this could be a patient advocate, a social worker, or even a lawyer. Read on, and I’ll show you how to get my help and support.

Take care of yourself during this process. Advocating can be exhausting and emotionally draining. Eat well, get enough sleep, and take breaks when needed.

Your role as an advocate can be challenging, but it’s crucial to ensure your loved one’s wishes are respected. You can also prepare for your future so your loved ones have the support they need to advocate for you if the time comes.

How to Help Your Loved Ones Avoid Similar Outcomes

To help your family avoid the challenges faced by Maggie and her siblings, consider the following steps:

Create a comprehensive advance directive and designate a healthcare proxy. This crucial first step involves clearly outlining your wishes for end-of-life care in a thorough Life & Legacy Plan. When you work with me to create your Life & Legacy Plan, I can help you get clear on specific treatments you do or do not want, choose the right people to be your representatives, and ensure they understand and are willing to advocate for your wishes. All these considerations are critically important.

Communicate your wishes openly and distribute your advance directive. Have frank discussions with your family members about your end-of-life preferences. Ensure all relevant family members understand and respect your decisions, proactively addressing concerns or disagreements. Once your wishes are clear, provide copies of your advance directive to your representatives, family members, and primary care physician. I will maintain a copy of your advance directive when you work with me. This wide distribution helps ensure your wishes are known and can be quickly accessed when needed.

Regularly review and update your Life & Legacy Plan. Life circumstances and health conditions can change, potentially affecting end-of-life care preferences. That’s why my Life & Legacy Planning process includes regular reviews of your plan so we can update your plan if needed. This ongoing process of review and update helps ensure that your end-of-life care plans always accurately reflect your current wishes and circumstances and that your plan will work when you and your loved ones need it to.

Finally, remember, end-of-life care isn’t just about how we die – it’s about how we live our final days, weeks, or months. Planning and being prepared to advocate can ensure that this time is as meaningful and comfortable as possible, aligned with your values and wishes. In doing so, you’re providing a final act of love and respect, honoring a life well-lived right up to its very end.

How We Help You Navigate End-of-Life Care

As Maggie’s story clearly illustrates, end-of-life situations can be complex and emotionally challenging. The best time to prepare for these difficult moments is now. We help you create a comprehensive Life & Legacy Plan that ensures your end-of-life wishes are respected, your loved ones are empowered to advocate for you, and your care aligns with your values when needed. Don’t leave your end-of-life care to chance. Let us help you create a plan that works when you and your loved ones need it most.

Schedule a complimentary 15-minute consultation to learn more. Contact us today!

This article is a service of Res Nova Law, a Personal Family Lawyer® Firm. We don’t just draft documents; we ensure you make informed and empowered decisions about life and death, for yourself and the people you love. That’s why we offer a Life & Legacy Planning™ Session, during which you will get more financially organized than you’ve ever been before and make all the best choices for the people you love. You can begin by calling our office today to schedule a Life & Legacy Planning™ Session.

The content is sourced from Personal Family Lawyer® for use by Personal Family Lawyer® firms, a source believed to be providing accurate information. This material was created for educational and informational purposes only and is not intended as ERISA, tax, legal, or investment advice. If you are seeking legal advice specific to your needs, such advice services must be obtained on your own separate from this educational material.

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CW Historical Society Invites All to Camas Mill Interpretive Center

Camas-Washougal, WA – The Camas-Washougal Historical Society is inviting members and the community to take a closer look at the fascinating history of the Camas Mill.  They are hosting a private access event at the Camas Mill Interpretive Center on Saturday, November 16 at 2 pm. The center opened around eight years ago and is located at 401 Adams Street, Camas.

Curator Ron Hawkins will host the presentation that includes a video featuring paper mill processes (as of six years ago) and an interview with local historian Virginia Warren.  Attendees will also learn about the Koch family and Georgia-Pacific as well as enjoy interactive displays.

Hawkins, a Washougal High School graduate, moved to the area in 1969 and worked 43 years at the paper mill. The last 20 years he was the senior environmental air technician, as well as a team leader for the technical operations group. He retired five years ago.

“I caught the (history) fever years ago by listening to the old timers talk about their experiences,” said Hawkins. “I researched for about a year to get the exact day they broke ground. I try to make some of the exhibits more interactive, so the youth enjoy the museum as well.  The mill was built six years before Washington became a state so there is a lot to talk about.”

Hawkins currently catalogs photos and documents and has collected over 1,000 issues of the original mill newsletters, “Making Paper,” which he hand-scanned at the Clark County Historical Museum.

The mill’s history dates back to 1883 when Henry Pittock, who owned The Oregonian weekly newspaper, formed a company called the Lacamas Colony Company. Under Pittock’s leadership, the business purchased 2,600 acres of land in and around what is now the town of Camas and began construction of a paper mill that would supply newsprint for the now daily Oregonian.

Crews began clearing land, building dams, and constructing a sawmill. During that same time, the town site of Lacamas was laid out and platted, and the town’s first store was opened for business. Camas was born!

At the November CWHS event, light refreshments provided by mill management will be served, and a short society business meeting will be held.

Mill
Mill
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A Power of Attorney May Not Be What You Think

If you’ve ever considered planning for your future or helped someone plan for theirs, you’ve probably heard the term “power of attorney.” But do you know what it is? The terms “power” and “attorney” carry weight but may not mean what you think. There are many misconceptions about what a power of attorney is and what authority it gives someone. And no, it doesn’t grant someone a temporary law degree. 

I’ll address the misconceptions about powers of attorney so you know what to do if someone appoints you as their power of attorney. Then, armed with this knowledge, you’ll understand your legal responsibilities so you don’t inadvertently make any mistakes or run afoul of the law.

Let’s start with some background info. If a power of attorney doesn’t confer attorney status, then why is it called that?

What is a Power of Attorney?

Generally speaking, a power of attorney is a legal document granting someone else the authority to act on your behalf regarding your financial life. The term “power of attorney” is a bit of a historical holdover. Originally, powers of attorney were primarily used to appoint lawyers to represent individuals in legal matters. However, the concept has expanded over time to include appointing someone to act on your behalf for various purposes.

So, while you don’t need to be an attorney to hold a power of attorney, the term has continued due to its historical origins. Granting power of attorney is a way to indicate that an appointed person has the authority to act as your agent or representative, similar to the way an attorney would act on your behalf.

There are times when it’s necessary to preserve your assets, especially if you reach a point in life when you are unable to manage your own financial, legal, or healthcare matters, whether from old age, a terrible accident, or simply being out of the country for an extended period. In each of these cases, it’s possible that if you don’t have someone acting on your behalf, problems could occur. Your financial institutions could charge extra fees on your accounts, a fraudster could drain them, and you wouldn’t know it happened; taxes could go unpaid, your property could go into foreclosure, or your credit could be ruined. So, to prevent these horrific outcomes, you want someone else to be able to maintain your financial life on your behalf.

Types of Powers of Attorney

We don’t need to get too much in the weeds here (if you want to get in the weeds, though, read to the end, and I’ll show you how to book a call with me); know that there are different types of powers of attorney, each with its specific purpose. Here are some examples:

General Power of Attorney: This grants the agent broad authority to act on your behalf, including managing your finances and signing legal documents, even if you can handle your affairs. It becomes effective as soon as you execute the document. When might you want this? Say you travel for work, and you and your spouse have decided to refinance your mortgage. You may want your spouse to sign the paperwork on your behalf rather than wait until you’re back in town.

Springing Power of Attorney: This also grants authority to someone to manage your financial and legal affairs. You can execute the document whenever you want, but it doesn’t kick in until you can no longer make your own decisions.

Durable Power of Attorney: This type of general power of attorney remains in effect even if you become incapacitated. Think of it as the General and Springing Powers of Attorney combined.

Limited Power of Attorney: This grants the agent authority to handle specific tasks only, such as managing your property or making healthcare decisions.

Healthcare Power of Attorney: This grants your named agent authority to make medical decisions on your behalf. 

Even though each of these documents operates differently, they all have one crucial thing in common: the agent’s power ends as soon as you die. 

What No One Told You About a Power of Attorney: It Ends With Death

You may mistakenly believe that a power of attorney gives someone the right to access your financial accounts indefinitely. However, a power of attorney is a temporary arrangement that ends when the person who granted the power dies. What does this mean, exactly?

Let’s say your aging mother can no longer manage her affairs, and she executed a Power of Attorney to give you the authority. While she’s living, you can access her bank accounts to ensure all her bills are paid and paid on time. But as soon as she dies, you no longer have the legal authority to access her accounts. If she had a Will or no estate plan, you would have to file paperwork with the probate court and wait for the case to make it through the court system until the judge grants you authority again. In the meantime, if you can’t afford to cover her bills along with your own, you may have to decide to let her bills go unpaid. If she still has a mortgage on her house, for instance, and you can’t pay her mortgage and yours, the bank could begin to foreclose, and you could lose any equity she had. This equity could have been a significant part of your inheritance. 

Going to court can be frustrating and time-consuming, and negative consequences can result if you haven’t planned appropriately. 

The Good News

With some careful planning ahead of time, you can ensure all your bills get paid, and your assets are preserved for your loved ones. The way to do that is by creating a Life & Legacy Plan with a living trust. A trust is a legal arrangement that allows you to transfer your assets to a trustee, who manages them to benefit your beneficiaries. Notably, a trust survives your death, so there’s no disruption in the ability of someone to manage your finances after you die.

You owe it to yourself and your loved ones to ensure your power of attorney, trust, and related estate planning tools are created correctly and updated over time and that you understand the benefits and consequences of your plan. 

How We Help You Preserve What Matters

Understanding the limitations of a power of attorney and the benefits of a trust is crucial for protecting your hard-earned assets. When you work with me to create a Life & Legacy Plan, I’ll empower you with the education you need so you can make the right choices for yourself and your family, that you fully understand how your plan works, and that your family has my support after you’re gone. Once your plan is in place, you can rest easy knowing that your wishes will be honored, your loved ones cared for, and your property protected.

Schedule a complimentary 15-minute consultation to learn more and start your journey toward a secure financial future. Contact us today!

This article is a service of Res Nova Law, a Personal Family Lawyer® Firm. We don’t just draft documents; we ensure you make informed and empowered decisions about life and death, for yourself and the people you love. That’s why we offer a Life & Legacy Planning™ Session, during which you will get more financially organized than you’ve ever been before and make all the best choices for the people you love. You can begin by calling our office today to schedule a Life & Legacy Planning™ Session.

The content is sourced from Personal Family Lawyer® for use by Personal Family Lawyer® firms, a source believed to be providing accurate information. This material was created for educational and informational purposes only and is not intended as ERISA, tax, legal, or investment advice. If you are seeking legal advice specific to your needs, such advice services must be obtained on your own separate from this educational material.

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