What are the Oregon inheritance or succession laws?

Oregon succession law is a set of laws that determine how a person's assets and property are distributed after they pass away. These laws govern what happens if a person dies without a will or if their will is found to be invalid.

In Oregon, if a person dies without a will, their assets are distributed according to the state's laws of intestate succession. Under these laws, the deceased person's assets are distributed to their surviving spouse and children, or to their next closest relatives if they have no spouse or children. If the deceased person has no living relatives, their assets may escheat to the state.

Oregon also has specific rules about how a will should be executed and what constitutes a valid will. To be valid in Oregon, a will must be in writing and signed by the person making the will, as well as by two witnesses who are present at the time the will is signed. If a will is found to be invalid, the deceased person's assets will be distributed according to the laws of intestate succession.

In addition, Oregon law allows for the use of trusts to manage and distribute assets after a person's death. A person can create a trust during their lifetime or specify a trust in their will, and the trust will be managed by a trustee who is responsible for carrying out the deceased person's wishes.

Overall, Oregon succession law is designed to provide a framework for the orderly distribution of a person's assets after they pass away, while ensuring that their wishes are respected and their loved ones are taken care of. It's important for individuals to work with an estate planning attorney to create a will and other estate planning documents that reflect their wishes and comply with Oregon law.