A question sometimes comes up in estate planning situations where a parent wants to be sure that a child gets a home or some other certain piece of real estate, but does not want to transfer the property immediately.
A life estate is created when someone gives the current rights to real estate to a third party (or retains these rights themselves), while giving the rights to that same piece of property to someone else after the holder of the current rights passes on.
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.
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.
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
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.
In a situation where (in 2017) a couple has only one child, and there are no joint children, and one spouse earns about $15 an hour, or $2,600 per month (i.e. $31,200 per year), and the other spouse earns about $25 per hour, or about $4,330 per month (i.e.
While either a husband or a wife can file a petition seeking legal separation in Oregon, in almost all cases, the other side can convert the case to a divorce case when they respond.
While a lower income former spouse will often be awarded spousal support following an Oregon divorce, that support may be limited or reduced if the lower income former spouse has access to significant wealth or property.