Chemult Estate Lawyer, Oregon

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Donald R Crane

Real Estate, Lawsuit & Dispute, Estate, Business
Status:  In Good Standing           Licensed:  57 Years

Richard Fairclo

Government, Estate, Environmental Law
Status:  Inactive           

David Louis Matt

General Practice
Status:  Inactive           Licensed:  40 Years

Joseph Calvin Dupris

General Practice
Status:  Inactive           Licensed:  23 Years
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Lynn Viona Harrisclark

General Practice
Status:  Inactive           Licensed:  23 Years

Marc Valens

General Practice
Status:  Inactive           Licensed:  42 Years

Melinda Michele Cauvin

Employment, Real Estate, Government, Water
Status:  In Good Standing           Licensed:  40 Years

Michael Kermit Hamilton

General Practice
Status:  Inactive           Licensed:  42 Years

Richard B Rambo

General Practice
Status:  Inactive           Licensed:  44 Years

Shayleen T Allen

General Practice
Status:  Inactive           Licensed:  22 Years

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

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LEGAL TERMS

MARITAL LIFE ESTATE TRUST

See AB trust.

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.'

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)
An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

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).

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)
A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

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.

CERTIFICATION OF TRUST

See abstract of trust.

FAMILY POT TRUST

See pot trust.

IRREVOCABLE TRUST

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