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My brother name on the title and mortgage. Can he put my name on title and I pay off his mortgage? Are there any tax implicatio
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Answered on April 23, 2018
As long as the amount of debt is less than the fmv of the property, there does not have to be any income tax effects.
Your brother can give the...
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Can my wife inherit our home if she is not on the title?
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Answered on April 20, 2018
Yes, you can leave it to her in your Will instead of putting her name on the title. Most people put their spouse on the title because if has some...
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What legal rights does my business partner own if she has been away from the busibess for 8 months?
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Answered on April 18, 2018
Check your written partnership agreement for the scope and duration of the partnership.
If you do not have one, you will have to piece it...
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If Will has the term “No contest”, there was undue influence, without written proof, is there any recourse?
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Answered on April 14, 2018
A person is free in Oregon to disinherit his children. However, if he does so through the control of another person, it is not valid.
The No...
Who needs to sign revocable trust in Oregon? The trustor and a witness? Should it be notarized?
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Answered on April 11, 2018
good question. It depends on your situation. Ask your lawyer. Do not try to write your own trust. It is a powerful legal action that will have...
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Can I get a step up for all the rental properties that my husband and I purchased. All of the property is in our trust.
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Answered on April 05, 2018
I think you are talking about the step up in basis from when your spouse died. It depends on what kind of trust you have. If it is a joint trust,...
Can I give someone partial ownership of my home without adding them to the title?
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Answered on March 26, 2018
You are in common situation. You are right, the transfer by Deed is risky and uncertain. I not recommend the Transfer on Death Deed, they are...
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What can I do about noisy neighbors in a different apartment complex?
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Answered on March 11, 2018
Usually, the best option is to move. You can't control the other property through the courts or police. you could buy the building where the...
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Can the bank stop paying on a trust fund?
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Answered on March 10, 2018
Probably yes. It depends on what the trust language says. However, most trusts provide for the trustee to make distributions based on the...
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How or where do I file an affidavit of small estate if my husband passed away in Oregon and left a storage in Nevada?
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Answered on March 07, 2018
You file in the county of the state where he was a resident at the time of death.
It sounds like he was a resident of Oregon. You would file there.