For Oregon, when is an estate to smalll?
For an estate that does not have real estate or even automobiles, what total value of personal property can be transferred without probate?
There must be some lower limit (smaller that the legally defined "small estate"), otherwise a person who owned nothing more than a toaster would still have to go through probate. I have searched the internet for several days and cannot find a number for this for Oregon (or any other state for that matter).
For an estate that does not have real estate or even automobiles, what total value of personal property can be transferred without probate?
There must be some lower limit (smaller that the legally defined "small estate"), otherwise a person who owned nothing more than a toaster would still have to go through probate. I have searched the internet for several days and cannot find a number for this for Oregon (or any other state for that matter).