Estate Planning Attorney Deschutes, OR

estate planning oregon

Jonathan Mishkin is an estate planning attorney with offices throughout Oregon 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 employs irrevocable and irrevocable partnerships/LLCs, trusts, charitable entities, and partnerships/LLCs to maximize income and reduce client's tax burden. He allows clients to choose when they want to transfer control of their assets to the next generations.

While a well-drafted foundational estate plan (i.e.a Will or Revocable Living Trust) does not mitigate state taxes, we are able to maximize privacy and reduce the time and cost of probate.

The Law Office of Jonathan D Mishkin provides the following services for estate planning:

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Probate and Trust/Estate Litigation Deschutes, OR

Following a death, probate proceeding may be required to sort out the person's affairs. The Will is the document that guides probate and expresses the wishes of the deceased.

This can be a difficult process. Beneficiaries can disagree on the amount and distribution of assets during probate administration. As these issues are typically amongst family members, emotions can come to the forefront and make a tough situation even more difficult. 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 near 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. Any assets that an elderly client or someone who becomes incapacitated will need to be secured. They may also need 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 you complete and submit your applications, handle any appeals or hearings, and ensure that our clients remain eligible for Medicaid.

Elder Law and Estate Planning
Guardianship & Conservatorship

Guardianship/Conservatorship in 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.

The guardian can manage and control the physical and emotional care of the person. A conservator, however, is responsible for managing the person's financial matters. 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 designates an executor to handle the estate of a deceased client. This allows you to distribute assets and appoint guardians for minors.

Revocable living trusts are private contracts that specify the rules for a client's assets. These are especially useful in cases where reaches a certain age or develops a medical condition that mandates 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 Deschutes, OR

Many of our clients have their personal and business data stored electronically due to rapid technological advancements over the past few decades. Digital assets can include things like photos you have uploaded online, social media histories, and documents in online storage services.

Although many people may not think of these assets, they can be important for financial or emotional reasons. A digital asset estate plan is designed to manage and distribute digital assets. This will reduce administrative burdens and preserve your sentimental documents.

Planning for Blended Families in Deschutes, OR

In recent years, blended families have been more common than ever with half of all marriages ending up 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 must consider how to divide their estate. It can be divided among their biological children, stepchildren or a combination of them. J Mishkin Law understands the complexities of such decisions and can help you consider all options to make the right decision for your family.

Planning for Blended Families
Estate Planning for Same-Sex Couples

Estate Planning for Same-Sex Couples 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. Couples in domestic partnerships that aren't legally married can still enjoy the benefits at the state, but not necessarily at 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. The assets of the deceased will be transferred to their blood relatives. This might not be in the deceased person's best interests. In these instances, and for many other reasons including estate tax, funeral arrangements, and guardianship of any children, an estate plan is essential.

Business Succession Planning in Deschutes, OR

J Mishkin Law is often contacted by 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.

In the event of a death or other emergency, every sole proprietorship should have a succession plan. This involves choosing a successor, developing a training plan, and establishing putting your successor in place if and when the time comes.

You can make a buyout agreement for partnership businesses. This will detail information like who can buy shares and whether or not the partner must be purchased out.

Business Succession Planning
Charitable Planning

Charitable Planning in Deschutes, OR

If you regularly give to charity you might want to include charitable planning in your estate plans. 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 can change the charity recipient at any time and create an income stream to your loved ones that is similar to an annuity.

Clients with larger estates who intend to leave a portion of their estate to charity may also consider forming a private foundation. These can be beneficial as the client retains control over management while securing favorable income tax charitable deductions.

International Estate Planning near Deschutes, OR

Some countries may not recognize wills made in the United States, depending on their laws. Our American clients often have assets and beneficiaries around the globe, while other clients might not be US citizens but still have US affairs.

No matter your situation, no matter how complex it may seem, we can take your individual circumstances and consider them from a multi-jurisdictional angle. At J Miskin Law we understand the effects of international estate planning and their associated taxes, assets, and liabilities.

International Estate Planning

Contact a Deschutes, OR Estate Planning Attorney Today

Affluent families can see their wealth decline by as much as 50 percent without effective estate planning. The federal estate taxes that are imposed on surviving spouses when they die could cause significant financial hardship. Additionally, states may take more estate taxes. Worse yet, income and estate taxes can add up to 75 percent to certain forms of wealth like IRAs or pretax 401(k) plans. Children and other beneficiaries could receive less than half the wealth of their family.

Mr. Mishkin, an estate lawyer, creates plans that take advantage of every tax code nuance and works hard to understand your 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 will also provide generational planning so that your family's wealth can be preserved optimally and handed to the future generations. Are you a business owner? 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

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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.