Administration of an Estate can involve legal issues in many different areas of law, such as elder law, trust law, real estate law, insurance law, family law, contract law, business law, corporate law, debtor-creditor law, Federal and State tax law, and/or civil litigation. Choosing an attorney with an extensive knowledge and a depth of experience in many areas of law and finance can make the difference between an orderly or chaotic administration of the Estate.
Business Formation
Larry K Gray & Associates, P.C. will help with your corporate, small business, and family business formation and operation questions.
Business Disputes
More than 36 Years of Business Law Practice in Yamhill County, Washington County, Clackamas County, Marion County, and Polk County, State of Oregon.
More than 36 Years of Real Estate Law Practice in Yamhill County, Washington County, Multnomah County, Clackamas County, Marion County, and Polk County, State of Oregon.
Real Estate Transactions
Easement
Land Use and Zoning
Even if the neighbors are able to resolve their disagreement by both neighbors accepting the old fence line as the property line, that agreement is probably not the end of the legal problem. The old fence line may not match the historical deeded property line, thereby creating future problems with deeding the real property to a future buyer. Even if the two property owners agree that one property owner will deed property to match the old fence line, several obstacles still remain. The local County or City Government will see the deeding of a portion of an existing tax lot as an illegal partition. The City or County will require the property owners to go through a land use planning process called Lot Line Adjustment. Further, if the property owner deeding a portion of his/her real property has a creditor with a secured interest in the real property, then the property owner cannot deed, free and clear, a portion of his/her real property without first obtaining approval of the creditor - partial release of the security interest.
Landlord-Tenant Disputes
Most small businesses will lease office, retail, warehouse, land, and/or manufacturing commercial real estate space. The owner of a commercial rental space can be a local individual, regional developer, or national real estate company. Some small local owners use a simple preprinted written lease agreement, but most commercial property owners have a long detailed written commercial lease. Unlike residential leases, there is very little Oregon statutory law applicable to commercial leases. The terms of the written commercial lease specify and control the rights and obligations between the commercial landlord and tenant. The rational behind this concept are that two knowledgeable businessmen can each look after their respective financial and legal interests: the principle of caveat emptor (buyers beware) is very alive and well in commercial leases.
I ncluding Contested Will and Probate Cases in Yamhill County, Washington County, Clackamas County, Marion County, and Polk County, State of Oregon.
Trusts
Power of Attorney
If a person becomes physically or mentally unable to manage his/her finances and an alternative authorization for decision making is not accepted by a financial institution, the family may have to use a judicial proceeding known as a Conservatorship. A judicially appointed Conservator is authorized to manage the financial affairs of the incapacitated person. The Conservatorship normally takes management of the incapacitated person's finances out of the control of the incapacitated person. A substantial initial cost will be incurred for setting up the Conservatorship, and annual costs will be incurred for a bond and annual financial accounting to the court. In some cases, a Conservatorship is the best approach to manage the assets of an incapacitated person, but for many situations, a less costly approach, such as Power of Attorney, may be appropriate. If an incapacitated person is wasting his/her financial resources due to dementia, Alzheimer, or some other mental disability, then a Conservatorship is probably the best option.
Decedent’s Estate - Upon the death of a family member, loved one, and/or significant person in your life, what needs to be done to wind-up the financial affairs of the deceased? Can the assets within the Estate be distributed to the heirs without Probate? Does the Estate qualify for a less costly Small Estate Affidavit procedure? If judicial Probate is necessary, how do you get started and what is the legal procedure? Administration of an Estate can include legal issues in many different areas of law, such as elder law, trust law, real estate law, landlord-tenant law, insurance law, family law, contract law, business law, corporate law, debtor-creditor law, Federal and State tax law, and/or civil litigation.