Oregon driver's insurance policies must offer a minimum of:
Bodily injury and property damage liability
$25,000 per person; $50,000 per crash for bodily injury to others; and
$20,000 per crash for damage to others property
State law also requires every motor vehicle liability policy to provide:
Personal injury protection (for reasonable and necessary medical, dental and other expenses
incurred up to 1 year after the crash) $15,000 per person. (Coverage for lost wages up to $3,000 a month for up to one year is also part of PIP and is in addition to the medical coverage.
talk about Auto insurance and three of the most important things to know:
1. Don't drive without insurance, even if you are a good driver:If you get into an accident and don't have
insurance, and the accident wasn't your fault, an attorney would have a
very hard time representing you to help you recover for your damages
because Oregon law prevents uninsured driver's from recovering pain and
suffering damages. (There is an exception if you were insured and the
insurance has just recently lapsed.
planning doesn't just mean doing a will. It means learning how
property transfers with or without a will and making sure you have set
up your financial affairs so that your property goes to the people or
charities that are important to you.
There can also be some tax
planning involved. Most people don't have to worry about Federal Estate
Tax anymore since you don't pay taxes unless you
have an estate over 5 million dollars. However Oregon still begins to
charge estate taxes on estates of 1 million dollars or more.
As 2011 draws to a close some of you are still stunned by the lack of recovery of our economy. Maybe you finally found a new job but it's for lower pay or less hours. You remain buried in debt. This might be a good time to consider getting rid of the debt that piled up during a long period of unemployment or during an extended illness or other calamity that put you behind.
There are limits to the amount of income you can earn and still completely discharge your debt in a chapter 7 bankruptcy so filing when your income is still relatively low may be your best chance to wipe out debt for a fresh start.
Wishing everyone a problem free holiday season, but if there are legal
problems in your life, don't let the worry ruin precious time with
friends and family. Please contact me for a free e-mail or phone
The best way to reach me is by e-mail at
JoanneReisman@PortlandLegalServices.com. If you prefer to call, please
call 503-222-7401 and leave a voice mail message with your phone number
and name so I can call you back. Please understand that I do not often
answer this phone number directly, but frequently check for voice mail
messages and try to return calls on the same day, if you call during the