GREAT REASON TO HAVE A TRUST!
Simplified probate available for assets outside of trusts!
What’s Changed?
Oregon’s new Simple Estate Affidavit allows a shorter, easier probate process for assets that accidentally fall outside a trust.
The key? You must have a trust to take advantage of this new process
Why Does This Matter?
Trusts avoid probate, but for assets not in the trust or with faulty beneficiary designations — probate can still be required.
The Affidavit “assumes” this was a mistake and allows a simplified, lower cost probate
Key Benefits:
✔️ Applies to estates with an existing trust
✔️ Ensures assets are transferred as originally intended
✔️ Significantly reduces probate legal and court fees
Planning Your Estate? A trust is more important than ever! Secure your estate plan today and gain peace of mind for your loved ones.
📞 Have questions? Contact us today!
McKean & Knaupp Attorneys, LLC
503-846-0707
101 SW Washington St., Hillsboro, Oregon 97123
#EstatePlanning #ProbateSimplified #Trust #OregonLaw #GoodNews #FinancialPlanning
What’s Changed?
Oregon’s new Simple Estate Affidavit allows a shorter, easier probate process for assets that accidentally fall outside a trust.
The key? You must have a trust to take advantage of this new process
Why Does This Matter?
Trusts avoid probate, but for assets not in the trust or with faulty beneficiary designations — probate can still be required.
The Affidavit “assumes” this was a mistake and allows a simplified, lower cost probate
Key Benefits:
✔️ Applies to estates with an existing trust
✔️ Ensures assets are transferred as originally intended
✔️ Significantly reduces probate legal and court fees
Planning Your Estate? A trust is more important than ever! Secure your estate plan today and gain peace of mind for your loved ones.
📞 Have questions? Contact us today!
McKean & Knaupp Attorneys, LLC
503-846-0707
101 SW Washington St., Hillsboro, Oregon 97123
#EstatePlanning #ProbateSimplified #Trust #OregonLaw #GoodNews #FinancialPlanning