Estate Planning Attorney Deschutes, OR

estate planning oregon

Jonathan Mishkin works as an estate planning attorney in Oregon. He has offices in Portland, Bend, and West Linn. His over 20 years of expertise will allow him to help you plan your affairs to avoid probate and reduce estate tax.

Mr. Mishkin makes use of partnerships/LLCs and revocable trusts. His goal is to maximize the income and estate tax benefits for clients and lower their overall tax burden. While doing this, he allows the client to choose the right time to hand over control of assets to the next generation.

Although a Will or Revocable Living Trust does not avoid state taxes, it can help maximize privacy and decrease the cost of probate.

The Law Office Jonathan D Mishkin offers you the following estate planning services:

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Probate and Trust/Estate Litigation near Deschutes, OR

Following a death, probate proceeding may be required to sort out the person's affairs. The Will acts as the guideline to probate, expressing the person's wishes.

This is not always an easy process. Beneficiaries may have disagreements about the assets' value and distribution during probate or trust administration. Emotions can become a problem when these issues are among family members. It is better to deal with probate and administration issues promptly to save time, costs, and in some instances, family relationships.

Our estate planning firm provides representation, counsel, and advice regarding disputes and litigation to trustees, beneficiaries, and executors.

Elder Law and Estate Planning Deschutes, OR

As family members age it is crucial to fully understand their future plans and make sure they are documented in compliance with the law. Assets that are held by an elderly or disabled client should be protected in the event of their death. They will also require medical care. These will require planning regarding the type of trust or conservatorship you want, how to pay for it, and making sure that there are adequate networks to ensure competent and high-quality care.

We know how difficult it can be to plan for long-term care and qualifying for Medicaid. We can help with the application process, including handling appeals and hearings, and ensuring our clients continue to qualify for Medicaid.

Elder Law and Estate Planning
Guardianship & Conservatorship

Guardianship/Conservatorship near Deschutes, OR

Individuals who become mentally or physically disabled may not be able manage their financial and personal affairs. In these cases, the court may give this authority to another person, naming them conservator or guardian.

Guardianship allows the guardian to take over and manage the physical care and custody of a person. However, a conservator is responsible for the financial affairs of the person. We know that the appointment of either one or both of these conservators is an emotionally charged process. Therefore, we work together to achieve the ultimate goal of protecting the person's financial and medical needs.

Revocable Living Trusts and Wills near Deschutes, OR

These documents are not one and the same, so only one document is needed for an estate plan.

A Will is a document that names an executor to manage the estate of the client who is deceased. This then allows for the distribution of assets, the appointment of guardians for minor children, and the direction of funeral arrangements.

A revocable life trust acts as a private contract agreement that specifies the rules of a client regarding assets to be used for the benefit of heirs or other beneficiaries. These trusts can be especially helpful in situations where the client reaches a certain stage of life or has a medical condition that requires assistance with finances. A revocable living trust for living will eliminate probate. This will allow the person who manages the estate to save both money and time.

estate planning family
Digital Assets Estate Planning

Digital Assets Estate Planning near Deschutes, OR

Many clients' businesses and personal information are stored electronically thanks to the rapid advances in technology over the past decade. Digital assets can include photos uploaded online, social media histories and documents stored in online storage.

Many people overlook these assets. However, they can be very important, both financially and emotionally. To reduce administrative burdens, a digital asset plan will help you manage these digital assets and protect your images and sentimental documents.

Planning for Blended Families Deschutes, OR

Blended families are becoming more popular in recent years, with over half of all marriages ending in divorce. This can make estate planning more difficult for those families whose spouses have remarried and brought their children in from other relationships.

Every family, even every blended family is unique. Both spouses should consider where their estate will be distributed, to whom, to their biological children, to their stepchildren, or to any other combination. J Mishkin Law is familiar with the details behind these decisions. We can help you weigh up all your options and make the best decision possible for you and your loved ones.

Planning for Blended Families
Estate Planning for Same-Sex Couples

Estate Planning for Same-Sex Couples near Deschutes, OR

Same-sex marriage has been recognized in Oregon since 2014, but the concept overall is still a relatively new development within the United States. Domestic partners who are not married legally can benefit from the rights of the state but not necessarily at a federal level.

This could cause problems when estate planning is concerned. In some events where one partner dies, the spouse who is left behind may not be entitled to any inheritance if there is no will in place. In these cases, the assets will be passed to the deceased's blood relatives, which may not be in accordance with that person's actual wishes. A comprehensive estate plan is required in these situations and many other circumstances, such as estate tax, funeral arrangements, and guardianship of any minor children.

Business Succession Planning in Deschutes, OR

J Mishkin Law has many clients who are small-business owners. It doesn't really matter how big or small a company is, it's vital to have a plan in order for the business in the event of the owner passing away, becoming disabled, or retiring.

A succession plan should be prepared for sole proprietorships in the event of an unfortunate event. This includes creating a plan for training, choosing a successor, and setting up a process to place your successor if needed.

In order to create a buyout/buy-sell agreement for partnership companies, which details information such a who can purchase shares, who has to be bought out, what is the trigger for a buyout.

Business Succession Planning
Charitable Planning

Charitable Planning near Deschutes, OR

If you regularly give to charity, you may wish to consider charitable planning in your estate plan. Charitable trusts have tax benefits that can be significant. J Mishkin law has experience in helping our clients organize for charitable gifts of all sizes. You retain the right to change the charitable recipient over time, and can create an income stream that replicates an annuity to a loved one.

If clients have larger estates and plan to leave some of it to charity, they might also want to consider a private foundation. They can be very beneficial because the client has full control over the administration and is able to claim charitable income tax deductions.

International Estate Planning Deschutes, OR

Depending on the country and its laws, some countries may not recognize wills executed in other countries, such as the US. Many of our American clients have assets or beneficiaries all over the world. Other clients may not have US citizenship but have US affairs.

No matter your circumstances, we consider your individual situation and apply a multi-jurisdictional perspective to it. J Miskin Law is familiar with the impacts of international estate plans and the associated taxes, assets, as well as liabilities.

International Estate Planning

Contact a Deschutes, OR Estate Planning Attorney Today

An estate plan is essential for wealthy families. If a spouse dies, federal estate taxes can cause a family's wealth to drop by nearly 50 percent. State taxes take even more. Worse yet, income and estate taxes can add up to 75 percent to certain forms of wealth like IRAs or pretax 401(k) plans. Consequentially, children and other beneficiaries may receive less than half of the family's wealth.

Mr. Mishkin, estate lawyer, designs plans to maximize tax code benefits while focusing on your specific objectives. Mr. Mishkin will work with you to make the best decisions and provide appropriate recommendations by listening to your needs, goals, and perspectives. In effect, you both develop your plan to fully satisfy you and your family.

He also provides generational planning to ensure your family's wealth is preserved and passed on to the next generations. Have a business to run? He can assure business continuity and value for your family, shareholders, employees and customers.

It is hard enough to lose a loved ones without an estate planning lawyer. Mr. Mishkin is available to help you whenever and wherever you need him. He can provide post-mortem planning as well as documents according to deadlines. Mishkin honors the past while planning for the future by providing reliable estate administration.

Your Nearest Office

390 SW Columbia Street
Suite 120
Bend, OR 97702

Have Estate Planning Questions? Contact Us

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Need estate planning information?

Get your Estate Planning FREE PDF download which teaches you
5 important reasons you need an estate plan.

Click on the download link below.

estate-plan-optimized