Oregon Last Will & Testament Information
An Oregon Last Will & Testament includes the following requirements:
The testator must be eighteen years old or older, or have been married.
They must also be of ‘sound mind’.
The Will must be signed by the testator or by someone else in their name (provided it is done under the testator’s direction and in their presence).
The signing of the Will requires at least two witnesses in order to make it valid.
Another requirement to make the Will valid is that it must be in written format.
An Oregon resident may bequeath their assets to any beneficiaries.
In the state of Oregon, a will must be proven in the appropriate probate court before the personal representative proceeds with administering the estate, paying debts and taxes, and dividing up property.
For smaller estates valued at less than $275,000, there is a simpler probate process to follow.
If you die without a will in Oregon, the surviving spouse gains the whole estate even if there are shared children. However, if the deceased has children with another person, the spouse get half the amount and the children get the other half.
Click here if you have any questions about creating a last will in Oregon.