Grand Ronde Estate Lawyer, Oregon

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Larry K. Gray Lawyer

Larry K. Gray

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Divorce, Elder Law, Trusts, Child Custody, Wills & Probate

At Larry K. Gray & Associates P.C., the emphasis and focus are to provide sound advice, top quality document preparation, and/or reasoned advocacy for... (more)

Samuel R Justice

Real Estate, Trusts, Estate Planning, Contract
Status:  In Good Standing           

Fred C. Nachtigal

Family Law, Wills & Probate, Corporate, Wills
Status:  In Good Standing           

John D. Peterson

Corporate, Divorce, Estate Planning, Family Law
Status:  In Good Standing           
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Brian D. Green

Real Estate, Wills & Probate, Elder Law, Corporate
Status:  In Good Standing           Licensed:  43 Years

Douglas S Fredricks

Income Tax, Gift Taxation, Estate Planning, Business Organization
Status:  In Good Standing           Licensed:  41 Years

David C. Haugeberg

Education, Real Estate, Wills & Probate, Business Organization
Status:  In Good Standing           Licensed:  56 Years

Carol Jane Prause

Commercial Real Estate, Electronic Commerce, Estate Planning, Corporate
Status:  In Good Standing           Licensed:  33 Years

Stan W Butterfield

Motor Vehicle, Estate, Guardianships & Conservatorships
Status:  In Good Standing           Licensed:  17 Years

Michael B Kittell

Commercial Real Estate, Litigation, Estate Planning, Personal Injury
Status:  In Good Standing           Licensed:  10 Years

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

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LEGAL TERMS

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)
The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

SURROGATE COURT

See probate court.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

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.'

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.

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)
A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)
The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.