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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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Natalie M. Wetenhall

✓ VERIFIED

Business, Estate, Commercial Real Estate, Estate Planning, Employment Contracts

Natalie's practice consists of estate planning, real estate law, drafting and negotiating employment contracts as well as general contract negotiation... (more)

CONTACT

800-730-8640

542 Washington St, Ashland, OR 97520

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

Robert R. Dickey

Wills, Wills & Probate, Trusts, Family Law

Status: In Good Standing

CONTACT

2 North Oakdale Avenue, Medford, OR 97501

Richard B Thierolf

Federal Appellate Practice, Estate Planning, Criminal, Collection

Status: In Good Standing Licensed: 48 Years

CONTACT

2 N Oakdale Ave, Medford, OR 97501

Michael Cougar

Government Agencies, Estate, Family Law, Bankruptcy

Status: In Good Standing Licensed: 40 Years

CONTACT

724 S Central Ave, Medford, OR 97501

Jerry Alan Jacobson

Real Estate, Trusts, Estate

Status: In Good Standing Licensed: 48 Years

CONTACT

2 N Oakdale Ave, Medford, OR 97501

Christina Marie Boccato

Estate Planning, Business & Trade, Corporate, Contract

Status: In Good Standing

CONTACT

3521 East Barnett Road, Medford, OR 97504

Douglass H Schmor

Power of Attorney, Landlord-Tenant, Dispute Resolution, Estate, Business

Status: In Good Standing

CONTACT

201 W Main, Medford, OR 97501

Timothy E Brophy

Estate Planning, Wills & Probate, Business Organization, Wills & Probate

Status: In Good Standing Licensed: 46 Years

CONTACT

23 Newtown St, Medford, OR 97501

Michael Joseph Mayerle

Litigation, Lawsuit & Dispute, Estate, Family Law

Status: In Good Standing Licensed: 21 Years

CONTACT

717 Murphy Rd, Medford, OR 97504

800-923-0641

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LEGAL TERMS

IRREVOCABLE TRUST

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

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

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.

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.

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.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

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.

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Medford Estate Lawyer, Oregon

Sponsored Law Firm

Law Office of Timothy J. Doherty

SPONSORED LAWYERS

Natalie M. Wetenhall

Christopher Cauble

Robert R. Dickey

Richard B Thierolf

Michael Cougar

Jerry Alan Jacobson

Christina Marie Boccato

Douglass H Schmor

Timothy E Brophy

Michael Joseph Mayerle

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LEGAL TERMS

IRREVOCABLE TRUST

POWER OF APPOINTMENT

INCOMPETENCE

ENTITY

ESTATE TAXES

SPENDTHRIFT TRUST

AB TRUST

OFFICER

ACCUMULATION TRUST

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