Powers of Attorney, Banks, and Safeguards Against Abuse
Tuesday, April 2, 2019
In Oregon no one can force any other person or entity to accept a power of attorney.
In many cases, banks refuse to accept a power of attorney.
In Oregon no one can force any other person or entity to accept a power of attorney.
In many cases, banks refuse to accept a power of attorney.
In order to get divorced in Oregon, one or both spouses must have lived in Oregon for at least six months.
It is not uncommon for couples who are committed and have been living together for some time to buy property together.
This can present problems both while the couple stays together (or when one partner dies), and if the couple ever splits up.
If you have no estate plan and are married and have no children, or if you are married and all of your children are also the children of your spouse, your spouse will inherit everything that passes through your probate.
An estate plan, depending on the complexity, can range from a few hundred dollars to a few thousand dollars.
Judgments of Dissolution in Oregon are required to recite the terms of ORS 107.159, which states the court shall include in its order a provision requiring that neither parent may move to a residence more than 60 miles further distant from the other parent without giving the other parent reas
When your Judgment of Dissolution (which used to be called a divorce decree) is final, signed by a judge, and entered into the record, people often think that everything is done.
Often this is not the case.
People are often anxious to avoid estate taxes when they pass on.
Federal estate taxes are no longer a problem for most people, since there is no federal estate tax unless the estate is over $11.2 million dollars.
At one time not too long ago, federal estate taxes (death taxes) started at $600,000.
Many people have or had the potential to have to pay estate taxes if they had savings, retirement accounts, and/or a house, when estate tax was due on amounts over $600,000.
It is only a slight exaggeration to say that federal estate taxes are not a worry for most people unless they have (or control, or have given away) well over eleven million dollars ($11,200,000 to be precise).
Affidavits of Heirship can be used to transfer assets of some kinds when the owner is dead, and there is not going to be a probate or a small estate proceeding.
If no probate or small estate affidavit will be filed, sometimes a car owned by someone who has died can be transferred to the heirs at law by an Affidavit of Heirship available at the DMV.
In many situations, there is little benefit in a race to the courthouse. Sometimes, however, it can make quite a difference who becomes the Personal Representative (executor) in a probate.
In many situations, there is little benefit in a race to the courthouse. Sometimes it can make quite a difference what the status quo is when a divorce begins however. Who lives where, and where the children live, and the like can be important factors to freeze in time with court filings in
It is not uncommon for people to falsely claim to be residents of Oregon.
This has nothing to do with one’s legal status in the USA.
In Oregon, after a Medicaid recipient dies, the Medicaid Estate Recovery Unit, also called the Estate Administration Unit seeks to recover amounts paid for care by Medicaid from the estate of the Medicaid recipient who has just died.
Dear Abby recently (April 17, 2017) contained a letter from a woman who was married, but no longer living with her husband, and who was instead living with a roommate, who her three year old son had looked upon as Daddy for the last nine months.
Probate is the process by which a Will is given effect, and the assets of a person who has died are distributed to his or her heirs and beneficiaries.
A probate will take a minimum of four months, and usually will take at least five months.
Often when a couple first splits up there is a tendency to try to placate the other party.
In another article printed on this website there is a discussion of some of the issues that accompany a change in child support, and an example of how much a small change in parenting time can change child support amounts, and total child support paid over the years.