Springfield Estate Lawyer, Oregon, page 2

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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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Clayton M Tullos

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

Status: In Good Standing Licensed: 13 Years

CONTACT

101 East 14Th Ave, Eugene, OR 97401

Scott C Schultz

Estate, Civil & Human Rights

Status: In Good Standing Licensed: 29 Years

CONTACT

969 Willagillespie Rd, Eugene, OR 97401

Scott G Bassinger

Estate, Real Estate, Business

Status: In Good Standing Licensed: 33 Years

CONTACT

1200 Executive Pkwy, Eugene, OR 97401

Michelle Renee Lewis

Wills & Probate

Status: In Good Standing Licensed: 12 Years

CONTACT

2507 Willakenzie Rd, Eugene, OR 97401

Robert Cole Tozer

Federal, Estate Planning, Guardianships & Conservatorships, Elder Law

Status: In Good Standing Licensed: 39 Years

CONTACT

975 Oak St, Eugene, OR 97401

Joel K Ford

Real Estate, Estate, Divorce & Family Law, Business

Status: In Good Standing Licensed: 15 Years

CONTACT

260 Country Club Rd, Eugene, OR 97401

Chas Horner

Power of Attorney, Real Estate, Estate, Non-profit

Status: In Good Standing Licensed: 17 Years

CONTACT

116 Highway 99 N, Eugene, OR 97402

Karrie Katherine Mcintyre

Living Wills, Divorce, Child Custody, Divorce & Family Law

Status: In Good Standing Licensed: 25 Years

CONTACT

1400 High St, Eugene, OR 97401

Jennifer Reed Klingensmith

General Practice

Status: In Good Standing Licensed: 17 Years

CONTACT

725 Country Club Rd, Eugene, OR 97401

Julia Manela

Commercial Real Estate, Estate Planning, Commercial Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 22 Years

CONTACT

497 Oakway Rd, Eugene, OR 97401

800-923-0641

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LEGAL TERMS

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

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.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

Springfield Estate Lawyer, Oregon, page 2

Sponsored Law Firm

Law Office of Timothy J. Doherty

SPONSORED LAWYERS

Clayton M Tullos

Scott C Schultz

Scott G Bassinger

Michelle Renee Lewis

Robert Cole Tozer

Joel K Ford

Chas Horner

Karrie Katherine Mcintyre

Jennifer Reed Klingensmith

Julia Manela

TIPS

LEGAL TERMS

BYPASS TRUST

TAKING AGAINST THE WILL

REAL ESTATE AGENT

RESIDUARY ESTATE

STATUTORY SHARE

REMAINDERMAN

GENERATION-SKIPPING TRUST

BEQUEATH

MARITAL LIFE ESTATE TRUST

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