Rickreall Estate Planning Lawyer, Oregon

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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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Includes: Gift Taxation

Peter Aare

Estate Planning

Status: In Good Standing Licensed: 23 Years

CONTACT

1940 Orchard Heights Ct Nw, Salem, OR 97304

Stephen F Mannenbach

Estate Planning, Estate, Business, Accident & Injury

Status: In Good Standing

CONTACT

133 SW Academy St, Dallas, OR 97338

Catherine Schulist Yao

International Tax, Agriculture, Estate Planning, Corporate

Status: In Good Standing Licensed: 10 Years

CONTACT

1011 Commercial St NE, Salem, OR 97301

Elayna Theresa Zammarelli

Commercial Real Estate, Estate Planning, Employment, Family Law

Status: In Good Standing Licensed: 9 Years

CONTACT

117 Commercial St NE, Salem, OR 97308

Dennis L Dunn

Commercial Real Estate, Estate Planning

Status: Suspended Licensed: 38 Years

CONTACT

780 Commercial St SE, Yamhill, OR 97148

Staci N Johnson

Estate Planning

Status: In Good Standing

CONTACT

495 State St, Salem, OR 97301

Dawn Marie Reynolds

General Practice

Status: In Good Standing

CONTACT

495 State St, Salem, OR 97301

Joseph H Hobson

General Practice

Status: In Good Standing Licensed: 49 Years

CONTACT

530 Center St Ne, Salem, OR 97301

Roger K. Evans

Real Estate, Estate Planning, Estate, Business, Wills & Probate

Status: In Good Standing Licensed: 43 Years

CONTACT

675 Church St NE, Salem, OR 97301

Kylie R Kuhns

Estate Planning

Status: In Good Standing Licensed: 8 Years

CONTACT

555 Court St NE, Salem, OR 97309

800-923-0641

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LEGAL TERMS

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

CURATOR

See conservator.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

SAMPLE LEGAL CASES

Connall v. Felton

... a friend. The deed stated that "[t]he true and actual consideration paid for this transfer is $-0-; estate planning." The decedent had the deed notarized at a title insurance company and then recorded the deed. Plaintiff learned ...

LANDAUER v. LANDAUER

... that defendants had acted in concert to exercise undue influence over Henry and Gertrude in a manner that induced them to sell the farm for less than its fair market value under terms that they did not comprehend and that were inconsistent with their estate planning objectives. ...

Rickreall Estate Planning Lawyer, Oregon

Sponsored Law Firm

Law Office of Timothy J. Doherty

SPONSORED LAWYERS

Peter Aare

Stephen F Mannenbach

Catherine Schulist Yao

Elayna Theresa Zammarelli

Dennis L Dunn

Staci N Johnson

Dawn Marie Reynolds

Joseph H Hobson

Roger K. Evans

Kylie R Kuhns

TIPS

LEGAL TERMS

TRUSTEE

MINERAL RIGHTS

CURATOR

BENEFICIARY

BYPASS TRUST

ABATEMENT

AB TRUST

QTIP TRUST

DOWER AND CURTESY

SAMPLE LEGAL CASES

Connall v. Felton

LANDAUER v. LANDAUER

Landauer v. Landauer

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