Legal Question in Wills and Trusts in Oregon
Grampa's estate
died April 07, will states 8 persons to split estate/assets between. paperwork seems pretty straight forward, no one has contested or filed anything against it - just don't understand how long it takes before end of process and estate is divived?
1 Answer from Attorneys
Re: Grampa's estate
Probates in Oregon generally take a minimum of 5 to 6 months.
After the Personal Representative ("PR") is appointed by the court, he or she must notify creditors and publish a notice to creditors giving them 4 months to make any claims they have against the decedent.
It usually takes a few weeks, at least, for the PR to be be court appointed. After the time for creditor claims, the PR must make sure that all the valid creditor claims have been paid and get approval from the court to distribute the remaining assets.
Since your grandpa only died in July , it is likely that the creditors have until at least November to make their claims. Nothing can be distributed until after they are paid.
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
