Legal Question in Wills and Trusts in Oregon

pension

This is a what-if question I've been trying to have answered. Say a man has 1 million in his company-run pension fund. He is killed along with his wife, 2 children & his parents( she has none). There are no living relatives whatsoever. Who would get that 1 million dollars? And if possible, how would it be divided? Thank you.


Asked on 9/04/02, 10:32 am

2 Answers from Attorneys

Gregg Manes Gregg A. Manes, Esq.

Re: pension

While the money may ultimately go to the state, the money passes intestate through the owner of the fund. It sounds like they may go to the husbands siblings or cousins etc.

I would imagine that relatives will pop up all over for a million dollars.

Gregg Manes

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Answered on 9/08/02, 8:03 pm
Tom Turnbull tomturnbull.com

Re: pension

Ultimately, the property would "escheat" to the state

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Answered on 9/04/02, 1:07 pm


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