Or. Admin. Code § 461-135-0838 - Administering Estate Claims
(1) When
the Department has a claim against the estate of a deceased person, EAU will be
responsible for recovering the claim from the estate.
(2) EAU may take necessary action to identify
or otherwise preserve assets so they will be available for claims against the
estate.
(3) EAU will determine the
most cost-effective way to dispose of real and personal property. EAU may
dispose of the property by conducting sales through licensed real estate
brokers, public auctions, competitive bidding, or other methods found most
cost-effective.
(4) When property
has been disposed of, EAU will credit the proceeds to the Department's claim.
Any amounts exceeding the claim will be available to all other claims against
the estate. If no other claims exist, any excess amounts will be paid to the
heirs or devisees, if any. Any remaining amounts revert to the Division of
State Lands.
Notes
Stat. Auth.: ORS 113.145, 130.370, 410.070, 411.060 & 411.070
Stats. Implemented: ORS 411.060, 411.070, 411.404 & 411.710
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