Oregon Statutes 87.501 – Definitions for ORS 87.501 to 87.542
As used in ORS § 87.501 to 87.542, unless the context requires otherwise:
Terms Used In Oregon Statutes 87.501
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Decedent: A deceased person.
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
- Personal property: All property that is not real property.
(1) ‘Authorized representative’ means a person appointed under ORS Chapter 125 as a guardian or conservator of an individual and any other person holding funds or receiving benefits or income on behalf of an individual.
(2) ‘Care’ means all the services rendered in a long term care facility, including but not limited to medical care, room and board, nursing care, administrative costs, supplies, equipment and ancillary services such as therapies.
(3) ‘Decedent’ means an individual who has died leaving property that is subject to administration.
(4) ‘Decedent’s estate’ means the real and personal property of a decedent, as from time to time changed in form by sale, reinvestment or otherwise, and augmented by any accretions or additions thereto and substitutions therefor or diminished by any decreases and distributions therefrom. The term does not include assets placed in trust for the decedent by other persons.
(5) ‘Long term care facility’ means facilities licensed as skilled nursing facilities or intermediate care facilities, as those terms are defined in ORS § 442.015, and residential care facilities and adult foster homes licensed under ORS Chapter 443. [1995 c.749 § 1; 1997 c.249 § 29; 1997 c.744 § 1; 2001 c.104 § 26]
87.501 to 87.542 were enacted into law by the Legislative Assembly but were not added to or made a part of ORS Chapter 87 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.