Marylhurst 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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Stephen J. Bedor

Wills & Probate, Family Law, Civil Rights, Banking & Finance

Status: In Good Standing

FREE CONSULTATION

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4248 Galewood Street, Lake Oswego, OR 97035

Benjamin Taylor Ybarra

Intellectual Property, Estate, Employment, Business

Status: In Good Standing Licensed: 12 Years

CONTACT

714B Main Street, Oregon City, OR 97045

Joseph Quincy Kaufman

Business, Intellectual Property, Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 37 Years

CONTACT

405 West Arlington Street, Gladstone, OR 97027

Dean C. Werst

Wills, Wills & Probate, Family Law, Corporate

Status: In Good Standing Licensed: 55 Years

CONTACT

1785 Willamette Falls Dr, West Linn, OR 97068

Richard Noble

Power of Attorney, Estate Planning, Estate, Elder Law

Status: In Good Standing

CONTACT

2875 Marylhurst Dr, West Linn, OR 97068

Curtis Jeffrey Abbott

Commercial Real Estate, International Tax, Estate Planning, Corporate

Status: In Good Standing

CONTACT

1754 Willamette Falls Dr, West Linn, OR 97068

Donna R Meyer

Elder Law, Estate Planning, Litigation

Status: In Good Standing Licensed: 48 Years

CONTACT

6400 Se Lake Rd, Portland, OR 97222

James P Estes

Health Care, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 23 Years

CONTACT

15835 Boones Ferry Road, Lake Oswego, OR 97035

Michael Redden

Real Estate, Wills & Probate, Trusts, Corporate

Status: In Good Standing Licensed: 44 Years

CONTACT

4248 Galewood St, Lake Oswego, OR 97035

Beau Ellis

Construction, Agriculture, Estate Planning, Administrative Law

Status: In Good Standing

CONTACT

17355 Sw Boones Ferry Road, Lake Oswego, OR 97035

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LEGAL TERMS

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

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.

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

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.'

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

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.

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Marylhurst Estate Lawyer, Oregon

Sponsored Law Firm

Law Office of Timothy J. Doherty

SPONSORED LAWYERS

Stephen J. Bedor

Benjamin Taylor Ybarra

Joseph Quincy Kaufman

Dean C. Werst

Richard Noble

Curtis Jeffrey Abbott

Donna R Meyer

James P Estes

Michael Redden

Beau Ellis

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LEGAL TERMS

TRUST DEED

PROBATE

GENERATION-SKIPPING TRANSFER TAX

SPRINKLING TRUST

HOLOGRAPHIC WILL

INCOMPETENCE

EXECUTOR

SECONDARY MEANING

AB TRUST

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