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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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Donna Ruth Harwell

Commercial Real Estate, Estate Planning, Divorce & Family Law, Medical Malpractice

Status: In Good Standing Licensed: 24 Years

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125 Ne Lincoln St, Newport, OR 97365

Michele Ann Peters

Real Estate, Entertainment, Estate Planning, Business & Trade

Status: In Good Standing Licensed: 24 Years

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Newport, OR 97365

Wes Chadwick

Real Estate, Dispute Resolution, Wills & Probate, Estate, Business

Status: In Good Standing Licensed: 24 Years

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423 N. Coast Highway, Newport, OR 97365

Brian Haggerty

Estate, Civil & Human Rights, Business

Status: In Good Standing Licensed: 27 Years

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236 W Olive St, Newport, OR 97365

J Christopher Minor

Estate, Real Estate

Status: In Good Standing Licensed: 58 Years

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236 W Olive St, Newport, OR 97365

Margaret Eileen Dailey

Real Estate, Litigation, Wills & Probate, Estate Planning, Estate

Status: In Good Standing

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15 SW Lee St, Newport, OR 97365

Jeffrey C Hollen

Real Estate, Estate, Divorce & Family Law, Business

Status: In Good Standing Licensed: 48 Years

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615 SW Hurbert St, Newport, OR 97365

Jeffrey C Pridgeon

Landlord-Tenant, Traffic, Estate, Criminal

Status: In Good Standing Licensed: 47 Years

CONTACT

515 W Olive St, Newport, OR 97365

Gary C Hamilton

Real Estate, Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 19 Years

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914 SW Coast Hwy, Newport, OR 97365

800-923-0641

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LEGAL TERMS

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.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

FUNDING A TRUST

Transferring ownership of property to a trust.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

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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Toledo Estate Lawyer, Oregon

Sponsored Law Firm

Law Office of Timothy J. Doherty

SPONSORED LAWYERS

Donna Ruth Harwell

Michele Ann Peters

Wes Chadwick

Brian Haggerty

J Christopher Minor

Margaret Eileen Dailey

Jeffrey C Hollen

Jeffrey C Pridgeon

Gary C Hamilton

TIPS

LEGAL TERMS

SPRINKLING TRUST

TRUSTEE

PETITION

WILL

FUNDING A TRUST

DISTRIBUTEE

TRUST CORPUS

RULE AGAINST PERPETUITIES

AB TRUST

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