What is a Transfer on Death Deed and Why Would Someone Want to Use One?
A transfer on death deed (“TODD”) is a document that an owner of real property can use to name someone, called a “beneficiary,” who will take the property when the owner dies. A TODD allows the owner to transfer real property at his or her death without having to go...
Pets inherit the house: Portland owner’s life insurance policy goes to the dogs, cats
Originally posted on OregonLive on May 18, 2017. BY JANET EASTMAN A friend’s sudden death that left two old cats orphaned forced animal rights activist Elaine Budlong to face the future: What will happen to her cats and dogs when she dies? “It’s a...
Oregon Estate Transfer Tax Compliance Issues: Beneficiary Designations
When a decedent who owned over $1,000,000 in assets passes away and all of his or her assets pass via beneficiary designations and not through the normal channels of estate administration, such as probate or trust administration, the Oregon Estate Transfer Tax Return...
Oregon Estate Planning: The Basics
Basic Estate Planning Are you considering creating or updating your estate plan? Here is some helpful information to help you understand the basics about estate plans. What is an Estate Plan? An estate plan is a set of documents that provide instructions regarding...