Probate and Small Estate Affidavits

Probate Portland Oregon

In Oregon probate is the most common form of estate administration after death.  Probate is a court supervised process where the debts and taxes of an estate are paid and the remaining assets are distributed to heirs.  People often assume that probate is a cumbersome and costly process; however, many estates can be distributed quickly and in a straight-forward manner.  In fact, estates with a lower net worth can be administered through a Small Estate Affidavit.

Probate is not needed for all estates but does provide benefits, such as:

  • Setting a time limit for creditor’s claims;
  • Collecting debts that were owed to the decedent prior to death;
  • Clearing the title to land, stocks and bonds or large bank accounts;
  • Settling disputes amongst individuals claiming a right to the estate;
  • Protecting the claims of beneficiaries; and
  • Ensuring that claims are properly handled and taxes are paid.

At the Law Office of Marisa Moneyhun we provide counsel to personal representatives during the stressful time of losing a loved one.  We guide clients through the process of closing the estate and ensuring that all debts are paid.  We also ensure that property is distributed in the manner detailed by will or, if the decedent died without a will, by statute.