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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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Raymond W Greycloud

Bankruptcy, Wills & Probate, Business

Status: In Good Standing

CONTACT

5933 Ne Win Sivers Dr, Portland, OR 97220

John Bassett

Wills & Probate, Estate

Status: In Good Standing Licensed: 59 Years

CONTACT

2711 Se Swain Ave, Portland, OR 97267

Larry J Lunas

Commercial Real Estate, Real Estate, Trusts, Bankruptcy

Status: Inactive Licensed: 46 Years

CONTACT

707 Main St, Oregon City, OR 97045

Charles T Landman

Bankruptcy & Debt, Real Estate, Wills & Probate, Business & Trade

Status: Inactive Licensed: 39 Years

CONTACT

6321 Se 58Th Ave, Portland, OR 97206

Jay Paul Sanders

Real Estate, Business & Trade, Estate Planning

Status: In Good Standing Licensed: 61 Years

CONTACT

20685 S May Rd, Oregon City, OR 97045

Debbie Hoesly

Commercial Real Estate, Estate Planning, Elder Law, Business & Trade

Status: In Good Standing

CONTACT

31110 Sw Riverlane, West Linn, OR 97068

Jonathan David Mishkin

Wills, Gift Taxation, Estate, Business & Trade

Status: In Good Standing Licensed: 19 Years

CONTACT

205 SE Spokane Street, Portland, OR 97202

John H Heald

Commercial Real Estate, Electronic Commerce, Estate Planning, Corporate

Status: In Good Standing Licensed: 49 Years

CONTACT

201 B Ave, Lake Oswego, OR 97034

Troy Ellis Thompson

International, Gift Taxation

Status: In Good Standing Licensed: 26 Years

CONTACT

3339 Se Division St, Happy Valley, OR 97202

Ginger S Skinner

Estate, Trusts, Tax

Status: In Good Standing Licensed: 19 Years

CONTACT

5100 SW Macadam Ave, Portland, OR 97239

800-923-0641

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LEGAL TERMS

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

PUBLISHED WORK

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public o... (more...)

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public on an unrestricted basis. It is thus possible to display a work, or distribute it with restrictions on disclosure of its contents, without actually 'publishing' it. Both published and unpublished works are entitled to copyright protection, but some of the rules differ.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

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.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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.

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.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

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Eagle Creek Estate Lawyer, Oregon, page 5

Sponsored Law Firm

Law Office of Timothy J. Doherty

SPONSORED LAWYERS

Raymond W Greycloud

John Bassett

Larry J Lunas

Charles T Landman

Jay Paul Sanders

Debbie Hoesly

Jonathan David Mishkin

John H Heald

Troy Ellis Thompson

Ginger S Skinner

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LEGAL TERMS

SPENDTHRIFT TRUST

PUBLISHED WORK

IN TERROREM

GROSS ESTATE

LIFE BENEFICIARY

EXEMPTION TRUST

ESTATE TAXES

SURVIVING SPOUSE'S TRUST

IRREVOCABLE TRUST

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