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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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C Casey White

Bankruptcy, Estate, Lawsuit & Dispute

Status: In Good Standing Licensed: 20 Years

CONTACT

10 Crater Lake Ave, Medford, OR 97504

Carol Casey White

Lawsuit & Dispute, Trusts, Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 40 Years

CONTACT

10 Crater Lake Avenue, Medford, OR 97504

Cavan R Davies

Landlord-Tenant, Estate

Status: In Good Standing Licensed: 8 Years

CONTACT

2592 E Barnett Rd, Medford, OR 97504

Charles M Mcnair

Lawsuit & Dispute, Estate, Business

Status: In Good Standing

CONTACT

705 W 10th St, Medford, OR 97501

Christina Marie Boccato

Estate Planning, Business & Trade, Corporate, Contract

Status: In Good Standing

CONTACT

3521 East Barnett Road, Medford, OR 97504

Craig Monen

Estate, Divorce & Family Law

Status: Suspended Licensed: 50 Years

CONTACT

3449 Westover Blvd, Central Point, OR 97502

David Lawton Smith

Trusts

Status: In Good Standing Licensed: 47 Years

CONTACT

112 Genessee St, Medford, OR 97504

Donald Watson

International Tax, Federal, Estate Planning, Estate

Status: In Good Standing Licensed: 28 Years

CONTACT

3312 Wheat Ridge Dr, Medford, OR 97504

Donald L Scales

Trusts, Family Law, Criminal, Personal Injury

Status: In Good Standing Licensed: 27 Years

CONTACT

916 W 10th St, Medford, OR 97501

Douglas M Mcgeary

Government, Estate, Civil & Human Rights

Status: In Good Standing Licensed: 37 Years

CONTACT

2 N Oakdale Ave, Medford, OR 97501

800-923-0641

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LEGAL TERMS

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

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.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

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.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

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Central Point Estate Lawyer, Oregon

Sponsored Law Firm

Law Office of Timothy J. Doherty

SPONSORED LAWYERS

C Casey White

Carol Casey White

Cavan R Davies

Charles M Mcnair

Christina Marie Boccato

Craig Monen

David Lawton Smith

Donald Watson

Donald L Scales

Douglas M Mcgeary

TIPS

LEGAL TERMS

DEATH TAXES

AB TRUST

SUCCESSION

INTESTATE

REAL ESTATE AGENT

TRUST CORPUS

ABATEMENT

SPRINKLING TRUST

RESIDUARY BENEFICIARY

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