Safe Deposit Boxes When You Die
Wednesday, May 29, 2019
It is important to transfer assets into your trust, if you have a trust at least in part because you want to avoid probate.
It is important to transfer assets into your trust, if you have a trust at least in part because you want to avoid probate.
If you become incompetent (technically, in Oregon, this is called financially incapable) and are unable to handle your finances, someone will have to do this for you.
If a child lives in their parent’s house, and provides a certain level of care for the parent, for at least two years, the parent can give the house to the child without creating a period of Medicaid ineligibility.
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.