Lexington Estate 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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Justin W Nelson

Motor Vehicle, Wills & Probate, Employee Rights, Divorce & Family Law

Status: In Good Standing Licensed: 17 Years

CONTACT

100 S Court St, Heppner, OR 97836

Julie Kristine Sak

Landlord-Tenant, Wills, Estate Planning, Estate, Contract

Status: In Good Standing Licensed: 21 Years

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70772 Hendergart Ln, Boardman, OR 97818

F E Glenn

General Practice

Status: Retired Licensed: 53 Years

CONTACT

101 Kinkade Ave SW, Boardman, OR 97818

Lana Lea Traynor

Education, Disability

Status: Inactive Licensed: 31 Years

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Hermiston, OR 97838

John W Smallmon

General Practice

Status: In Good Standing Licensed: 62 Years

CONTACT

Hermiston, OR 97838

John L Ballard

Criminal, Divorce & Family Law, Divorce

Status: In Good Standing

CONTACT

125 SW 3rd St, Hermiston, OR 97838

Derek L Caplinger

General Practice

Status: Inactive Licensed: 30 Years

CONTACT

722 W Wren Ave, Hermiston, OR 97838

Kurt C Bendixsen

Lawsuit & Dispute, Divorce & Family Law, Criminal, Business

Status: In Good Standing Licensed: 36 Years

CONTACT

245 E Main St, Hermiston, OR 97838

David A Hinton

General Practice

Status: Suspended Licensed: 29 Years

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242 E Main St, Hermiston, OR 97838

Gary R Luisi

General Practice

Status: In Good Standing Licensed: 53 Years

CONTACT

230 SE 4th St, Hermiston, OR 97838

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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.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

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.

LIFE BENEFICIARY

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

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

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.

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Lexington Estate Lawyer, Oregon

Sponsored Law Firm

Law Office of Timothy J. Doherty

SPONSORED LAWYERS

Justin W Nelson

Julie Kristine Sak

F E Glenn

Lana Lea Traynor

John W Smallmon

John L Ballard

Derek L Caplinger

Kurt C Bendixsen

David A Hinton

Gary R Luisi

TIPS

LEGAL TERMS

SPENDTHRIFT TRUST

DEVISEE

AB TRUST

LIFE BENEFICIARY

PROVING A WILL

DISINHERIT

GENERATION-SKIPPING TRUST

INHERITANCE TAXES

QTIP TRUST

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