Can a minor's property be used for their maintenance expenses?

Full question:

I am stay at home mom to a 7 year-old boy. There are quite a few properties in my son’s name in Oregon. Can a minor's maintenance be paid out of a minor’s own property?

  • Category: Minors
  • Date:
  • State: Oregon

Answer:

Yes, a court may allow a minor's maintenance and education expenses to be paid from the minor's own property if the income from that property is sufficient. This is particularly applicable when the parent's financial situation cannot cover those expenses. The relevant law in Oregon states that if a minor has property that can provide for their maintenance and education in a way that exceeds what the parent can reasonably afford, the court can order that those expenses be covered, either fully or partially, from the minor's property income (ORS § 109.020).

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

In Oregon, there is no specific minimum age to own property. However, minors (under 18) cannot enter into contracts. Therefore, property ownership for minors typically requires a parent or guardian to manage the property on their behalf. Legal arrangements, such as a trust, may also be used to hold property for a minor until they reach adulthood.