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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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Heather Young

Municipal, Estate Planning, Guardianships & Conservatorships, Elder Law

Status: In Good Standing Licensed: 25 Years

CONTACT

900 SW 5th Ave, Happy Valley, OR 97204

David B Beckham

Real Estate, Wills & Probate, Trusts, Estate

Status: In Good Standing Licensed: 50 Years

CONTACT

319 6Th Ave SW, Albany, OR 97321

Dell A Alexander

Estate, Real Estate, Wills & Probate, Trusts

Status: In Good Standing Licensed: 49 Years

CONTACT

507 Washington St Sw, Albany, OR 97321

Derek Hews

Real Estate, Wills & Probate, Trusts, Criminal

Status: In Good Standing Licensed: 24 Years

CONTACT

204 Ellsworth St SW, Albany, OR 97321

Yema Measho

Real Estate, Immigration, Estate, Business, Medical Malpractice

Status: In Good Standing Licensed: 21 Years

CONTACT

456 Sw Monroe Avenue, Corvallis, OR 97333

Marilyn June Brasier

General Practice

Status: In Good Standing

CONTACT

104 Sw 2Nd St, Corvallis, OR 97333

Annette Gisele deBellefeuille

Power of Attorney, Other, Trusts, Estate

Status: In Good Standing Licensed: 35 Years

CONTACT

X, Corvallis, OR 97339

William R Witt

Tax, International, Estate, Business

Status: In Good Standing Licensed: 18 Years

CONTACT

Corvallis, OR 97339

Annette Gisele deBellefeuille

Estate, Power of Attorney, Divorce & Family Law

Status: Suspended Licensed: 32 Years

CONTACT

x, Corvallis, OR 97339

Elaine Susan O'Toole

Wills & Probate, Estate, Family Law, Household Mold

Status: In Good Standing Licensed: 21 Years

CONTACT

225 Sw Fourth St, Corvallis, OR 97339

800-923-0641

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LEGAL TERMS

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

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.

TITLE COMPANY

A company that issues title insurance.

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.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

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.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

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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Walterville Estate Lawyer, Oregon, page 4

Sponsored Law Firm

Law Office of Timothy J. Doherty

SPONSORED LAWYERS

Heather Young

David B Beckham

Dell A Alexander

Derek Hews

Yema Measho

Marilyn June Brasier

Annette Gisele deBellefeuille

William R Witt

Annette Gisele deBellefeuille

Elaine Susan O'Toole

TIPS

LEGAL TERMS

PRETERMITTED HEIR

GRANTOR RETAINED INCOME TRUST

ALTERNATE BENEFICIARY

TITLE COMPANY

TRUST MERGER

INTESTATE SUCCESSION

PROPERTY CONTROL TRUST

CHARITABLE TRUST

AB TRUST

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