In the state of Oregon, a Last Will and Testament allows a Testator (the person who will be distributing their assets) to designate, in writing, what they wish to do with their assets, belongings, and property once they pass away. According to Oregon Law, this document is legal once two Witnesses sign (who both can attest to seeing the Testator sign the Will), and it is notarized.
A Last Will and Testament is also referred to as a “Last Will” or a “Will”.
Grantor - The Grantor, also known as the Testator, is the individual or couple whose personal and real property will be distributed once they pass away.
Beneficiary - This is the term used to identify the individual or individuals receiving the grantors personal or real property.
Witness - This is a person who signs the Will, attesting that the grantor is drafting this Will is of sound mind. Most states require two (2) witnesses who are not named on the will as beneficiaries for the document to be up to state standards.
Each state has its own set of laws, definitions, and signing requirements that relate to last will and testament documents. Below, these specifics are defined for the state of Oregon.
Witnesses - According to ORS 112.235, the Will must be signed by two (2) witnesses who both see the Testator sign the will.
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