Yoncalla Estate Lawyer, Oregon, page 2

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Megan Elise Salsbury-Thayer

Trusts, Contract, Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  13 Years

Janice L Mackey

Wills & Probate, Estate, Contract, Business Organization
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  25 Years

Clay W Stephens

Estate, Employment, Divorce & Family Law, Corporate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  15 Years

Karrie Katherine Mcintyre

Living Wills, Divorce, Child Custody, Divorce & Family Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  26 Years

Robert Cole Tozer

Federal, Estate Planning, Guardianships & Conservatorships, Elder Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  40 Years

Scott C Schultz

Estate, Civil & Human Rights
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  30 Years

R. Scott Corey

Trusts, Estate Planning, Wills & Probate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  34 Years

Scott G Bassinger

Estate, Real Estate, Business
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  33 Years

Janice E Hatton

Social Security, Trusts, Estate, Elder Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  34 Years

Joel K Ford

Real Estate, Estate, Divorce & Family Law, Business
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  16 Years

Free Help: Use This Form or Call 800-814-6700

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Free Help: Use This Form or Call 800-814-6700

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LEGAL TERMS

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)
To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)
A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)
The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

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).

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)
Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)
A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

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