Oxbow Estate Lawyer, Oregon

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D Zachary Hostetter

Construction, Criminal, Civil Rights, Corporate
Status:  In Good Standing           Licensed:  46 Years

Paige Louise Sully

Estate, Real Estate, Wills & Probate
Status:  In Good Standing           Licensed:  35 Years

David Arnold Berkey

Dispute Resolution, Estate Planning, Family Law, Guardianships & Conservatorships
Status:  In Good Standing           Licensed:  47 Years

W. Michael Stephenson

General Practice
Status:  Suspended           Licensed:  9 Years

Lise Yervasi

General Practice
Status:  Inactive           Licensed:  31 Years

Christian C Ambroson

Car Accident
Status:  Suspended           Licensed:  12 Years

Geoffrey M Whiting

General Practice
Status:  In Good Standing           Licensed:  29 Years

David S Jackman

General Practice
Status:  Suspended           Licensed:  38 Years

Gary F Marks

General Practice
Status:  Suspended           Licensed:  58 Years

Michael Harvey

General Practice
Status:  In Good Standing           Licensed:  29 Years

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Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)
The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)
Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)
The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

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