Add Checkbox Group Legal Oregon Wills Forms For Free

Although Oregon does not prohibit an heir or beneficiary of the will from acting as a witness, having an “interested” witness (anyone with a beneficial interest in your estate) sign the will is to be avoided. Oregon does require that the witnesses to your will must be at least eighteen (18) years old.

The reason you need two witnesses is that a will is a very serious document, recording what you want to happen to all your property when you die, so additional solemnity is required to ensure that it is YOUR will and expresses YOUR wishes.

Probate is the legal process following a death that determines the distribution of one's estate for assets that are held in that person's name. Even if there is a will in place, the estate still must go through probate, but it can make the process simpler.

Satisfying the following legal requirements constitutes a valid Will in Oregon: The Will must be in writing (handwritten or typed) The Testator (the person writing the Will) must be at least 18 years old and be of sound mind. The Testator must sign the Will in front of two witnesses.

In your asset list, you should include key details around these physical assets. Including, how your executor can locate them, type of ownerships, specific details and more. Common physical assets include motorized vehicles, property, artwork etc. These don't necessarily have to be items of high financial value.

It might hold sentimental value, but in Oregon, such a personal touch is not recognized in the eyes of the law. Holographic wills, or those entirely handwritten and often un-witnessed documents, may indeed be valid in some states, but Oregon's statutes require a more formal approach to estate planning.

Probate is required for most estates in Oregon, and the type of probate process depends largely on the value of the assets that are in your name when you pass away. If a will exists, the original will has to be filed with the probate court.

Some states will accept holographic wills, to varying degrees. But even when they are accepted, they won't qualify for informal or expedited probate. Under the principles of a holographic will, handwritten addendums may be judged valid if each individual edit is signed and dated.

Ing to Oregon's laws of intestate succession (when someone dies without a Will or Living Trust), the spouse inherits 50% of the decedent's Estate, while the decedent's children (from someone other than the current spouse) inherit the other 50%.