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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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Philip Norman Jones

International Tax, Federal Appellate Practice, Estate Planning, Estate

Status: In Good Standing Licensed: 48 Years

CONTACT

900 Sw 5Th Ave, Happy Valley, OR 97204

Holly Noel Mitchell

Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 40 Years

CONTACT

900 Sw 5Th Ave, Happy Valley, OR 97204

Mitchel R Cohen

International Tax, Electronic Commerce, Estate Planning, Contract

Status: In Good Standing Licensed: 48 Years

CONTACT

900 Sw 5Th Ave, Happy Valley, OR 97204

Vanessa A Usui

Commercial Real Estate, International Tax, Estate Planning, Estate

Status: In Good Standing Licensed: 62 Years

CONTACT

900 Sw 5Th Ave, Happy Valley, OR 97204

Timothy J. Wachter

International Tax, International, Estate Planning, Estate

Status: In Good Standing Licensed: 37 Years

CONTACT

900 Sw 5Th Ave, Happy Valley, OR 97204

Steven A Nicholes

Commercial Real Estate, International Tax, Estate Planning, Contract

Status: In Good Standing Licensed: 44 Years

CONTACT

900 Sw 5Th Ave, Happy Valley, OR 97204

Stephen John Klarquist

Commercial Real Estate, International Tax, Electronic Commerce, Estate Planning

Status: In Good Standing Licensed: 39 Years

CONTACT

900 Sw 5Th Ave, Happy Valley, OR 97204

Robin A Smith

International Tax, Estate Planning, Guardianships & Conservatorships, Non-profit

Status: In Good Standing Licensed: 25 Years

CONTACT

520 Sw Yamhill St, Happy Valley, OR 97204

Robin Smith

International Tax, Estate Planning, Guardianships & Conservatorships, Non-profit

Status: In Good Standing Licensed: 25 Years

CONTACT

520 SW Yamhill St, Happy Valley, OR 97204

Denise Nicole Gorrell

Wills & Probate, Business

Status: In Good Standing

CONTACT

520 Sw Yamhill St, Portland, OR 97204

800-923-0641

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LEGAL TERMS

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.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

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.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

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.

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.

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Portland Estate Lawyer, Oregon, page 5

Sponsored Law Firm

Law Office of Timothy J. Doherty

SPONSORED LAWYERS

Philip Norman Jones

Holly Noel Mitchell

Mitchel R Cohen

Vanessa A Usui

Timothy J. Wachter

Steven A Nicholes

Stephen John Klarquist

Robin A Smith

Robin Smith

Denise Nicole Gorrell

TIPS

LEGAL TERMS

EXECUTOR

LETTERS TESTAMENTARY

ESTATE TAXES

DOWER AND CURTESY

ALTERNATE BENEFICIARY

TRUST MERGER

PROPERTY CONTROL TRUST

TRUST DEED

PUBLISHED WORK

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