OAR 461-145-0270: Inheritance

Edition: Current OARD snapshotEffective: 2023-07-01Last verified: 2026-09-07

(1) An inheritance may be received in the form of monies, property, or other assets. (2) An inheritance is treated as follows: (a) A noncash inheritance is treated according to the policy for the specific type of asset inherited. (b) A cash inheritance is counted as periodic or lump-sum income (see OAR 461-140-0110 and 461-140-0120).

Official history and status

Statutory/Other Authority: ORS 411.060, 411.816 & 412.049

Statutes/Other Implemented: ORS 411.060, 411.816, 412.049, 411.081, 411.085, 411.730 & 411.404

History: SSP 17-2023, amend filed 06/14/2023, effective 07/01/2023 SSP 10-2007, f. & cert. ef. 10-1-07 AFS 12-1993, f. & cert. ef. 7-1-93 AFS 20-1992, f. 7-31-92, cert. ef. 8-1-92 AFS 80-1989, f. 12-21-89, cert. ef. 2-1-90

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Official source: https://secure.sos.state.or.us/oard/