Noti Wills & Probate Lawyer, Oregon

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Includes: Estate Administration, Living Wills, Wills

Jay R Faulconer Lawyer

Jay R Faulconer

VERIFIED
Education, Real Estate, Wills & Probate, Contract, Personal Injury

I have lived in the mid- Willamette Valley since 1981, in Corvallis since 1989. Since 2000, I have been an attorney based in Corvallis, providing leg... (more)

Travis L. Sydow

Wills & Probate, Securities, Franchising, Banking & Finance
Status:  In Good Standing           

Jacob K. Clifton

Wills & Probate, Estate Planning, Business Organization, Administrative Law
Status:  In Good Standing           

Richard L. Larson

Real Estate, Wills & Probate, Estate Planning, Corporate
Status:  In Good Standing           

William R. Thomas

Power of Attorney, Living Wills, Estate Administration, Limited Liability Companies
Status:  In Good Standing           

Danny Lynn Hancock

Commercial Real Estate, Real Estate, Wills, Estate
Status:  In Good Standing           Licensed:  24 Years

Janice L Mackey

Wills & Probate, Estate, Contract, Business Organization
Status:  In Good Standing           Licensed:  24 Years

Karrie Katherine Mcintyre

Living Wills, Divorce, Child Custody, Divorce & Family Law
Status:  In Good Standing           Licensed:  25 Years

Michelle Renee Lewis

Wills & Probate
Status:  In Good Standing           Licensed:  12 Years

Kelly Emerson Ford

Wills & Probate, Trusts, Estate, Business
Status:  In Good Standing           Licensed:  37 Years

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LEGAL TERMS

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.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)
The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)
(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

IRREVOCABLE TRUST

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

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)
A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)
A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

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.

SAMPLE LEGAL CASES

Brown v. Hackney

... Plaintiff appeals a judgment of final distribution arising out of a probate proceeding in which the court approved personal representative fees payable to defendant by the estate of Christopher Brown (the decedent) based on the proceeds of a wrongful death claim settlement. ...

Assisted Living Concepts, Inc. v. Fellows

... Appellant, Assisted Living Concepts, Inc. (ALC), which is not a party in the underlying probate proceeding, appeals from an order of the probate court denying its motion to quash a subpoena duces tecum and granting the personal representative's motion to compel discovery. ...

Hammond v. Hammond

... three sons. [1]. In March 2009, petitioner filed an action seeking to probate Acy's will and to be appointed her personal representative. Later that year, he sought a declaration regarding ownership of the real property. The trial ...