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Timothy J. Doherty
About | Practice Areas
Law Office of Timothy J. Doherty
10 Crater Lake Ave Medford, OR 97504» view map
Estate Law
Experience You Can Trust

The topic of wills and trusts can be confusing, but my job is to help you decide what’s right for you. Call me to set up a free consultation.

800-878-0640
1. Timothy J. Doherty Medford, OR
  Attorney at Law- OR
  Empire College School of Law, J.D. 2012
2. AboutLaw Office of Timothy J. Doherty
  Experience You Can Trust
3. Practice AreasExpertise
  Estate
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Christopher Cauble

✓ VERIFIED

Lawsuit & Dispute, Business, Estate, Real Estate

My practice is in a medium-sized Oregon town but my firm handles cases all over the state of Oregon regarding various types of litigation, in both Fed... (more)

CONTACT

800-834-8941

111 SE 6th St, Grants Pass, OR 97526

Andrew E Combs

Foreclosure, Defect and Lemon Law, Wills & Probate, Sexual Harassment

Status: In Good Standing Licensed: 20 Years

CONTACT

250 N Baxter, Coquille, OR 97423

David Russell Allen

Wills & Probate, Divorce, Medical Malpractice

Status: In Good Standing Licensed: 56 Years

CONTACT

Bandon, OR 97411

Milton Berry Scott

Trusts, Estate

Status: In Good Standing Licensed: 52 Years

CONTACT

754 Spyglass Dr, Bandon, OR 97411

Manuel C Hernandez

Commercial Real Estate, Estate Planning, Criminal, Wrongful Death, Products Liability

Status: In Good Standing Licensed: 37 Years

CONTACT

1212 Alabama, Bandon, OR 97411

Christopher Keusink

Real Estate, Estate, Divorce & Family Law, Accident & Injury

Status: In Good Standing Licensed: 40 Years

CONTACT

29284 Ellensburg Ave, Gold Beach, OR 97444

Joel K Curelo

Landlord-Tenant, Lawsuit & Dispute, Health Care, Estate

Status: In Good Standing Licensed: 19 Years

CONTACT

455 S 4th St, Coos Bay, OR 97420

Jon Littlefield

Real Estate, Contract, Elder Law, Trusts

Status: Inactive Licensed: 50 Years

CONTACT

Coos Bay, OR 97420

Roger W Gould

Wills & Probate, Contract, Personal Injury

Status: In Good Standing Licensed: 52 Years

CONTACT

243 W Commercial, Coos Bay, OR 97420

Steven Louis Wilgers

Corporate, International Tax, Civil Rights, Estate Planning

Status: In Good Standing Licensed: 50 Years

CONTACT

243 W Commercial Ave, Coos Bay, OR 97420

800-923-0641

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LEGAL TERMS

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

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Powers Estate Lawyer, Oregon

Sponsored Law Firm

Law Office of Timothy J. Doherty

SPONSORED LAWYERS

Christopher Cauble

Andrew E Combs

David Russell Allen

Milton Berry Scott

Manuel C Hernandez

Christopher Keusink

Joel K Curelo

Jon Littlefield

Roger W Gould

Steven Louis Wilgers

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LEGAL TERMS

FINAL BENEFICIARY

RESIDUARY ESTATE

INVESTOR

ACCUMULATION TRUST

SUCCESSOR TRUSTEE

LETTERS TESTAMENTARY

GROSS ESTATE

SURVIVING SPOUSE'S TRUST

ESTATE TAXES

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