Or. Admin. R. 461-145-0270
Current through Register Vol. 63, No. 6, June 1, 2024
Section 461-145-0270 - Inheritance(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).Or. Admin. R. 461-145-0270
AFS 80-1989, f. 12-21-89, cert. ef. 2-1-90; AFS 20-1992, f. 7-31-92, cert. ef. 8-1-92; AFS 12-1993, f. & cert. ef. 7-1-93; SSP 10-2007, f. & cert. ef. 10-1-07; SSP 17-2023, amend filed 06/14/2023, effective 7/1/2023Statutory/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