Estate Planning Attorney La Pine, OR

estate planning oregon

Jonathan Mishkin, an estate planning attorney, has offices throughout Oregon, in Bend, West Linn, and Portland. He has over 20 years experience and can help you structure your affairs so that there is less exposure to probate.

Mr. Mishkin employs irrevocable and irrevocable partnerships/LLCs, trusts, charitable entities, and partnerships/LLCs to maximize income and reduce client's tax burden. This is done while giving the client the option to decide when to give control to the next generation.

A Will or Revocable Living Trust doesn't mitigate state taxes but can maximize privacy while reducing the time and cost for probate.

The Law Office of Jonathan D Mishkin offers these estate planning services:

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.

happy family with estate planning

Probate and Trust/Estate Litigation La Pine, OR

After a person dies, probate proceedings may be required in order to manage their affairs. The Will serves as the guideline for probate and outlines the person's wishes.

This is not always an easy task. Beneficiaries may have disagreements about the assets' value and distribution during probate or trust 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 important to resolve probate or administration issues quickly to avoid cost and time and, in some cases, to preserve familial relationships.

Our estate planning firm provides counsel and advice to executors, beneficiaries, trustees and beneficiaries in all aspects of disputes and litigation.

Elder Law and Estate Planning in La Pine, OR

It is important for aging family members to be able to articulate their future wishes and have them documented according the law. Assets that are held by an elderly or disabled client should be protected in the event of their death. They may also need medical care. These two issues require planning around how to fund medical care and what type of trust or conservatorship to use.

We know how difficult it can be to plan for long-term care and qualifying for Medicaid. We can assist you with filling out and submitting your application, as well as handling any appeals and hearings, as well as remaining qualified for Medicaid.

Elder Law and Estate Planning
Guardianship & Conservatorship

Guardianship/Conservatorship in La Pine, OR

If a person becomes physically or mentally disabled, they may no longer be able to handle their own personal or financial affairs. In such cases, the court can grant that authority to another person making them the conservator or guardian.

In the case of guardianship, this enables the guardian to manage and control a person's physical care and custody. 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 La Pine, OR

These are two documents that can be used as a foundation of an estate planning plan, however only one is needed.

A Will is a document that appoints an executor to represent the estate of the deceased client in probate court. This allows you to distribute assets and appoint guardians for minors.

A revocable living trust is a contract that outlines the rules the client has for assets to be held in their name. 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 will help to eliminate the need for probate, allowing the person managing the estate to save both time and money.

estate planning family
Digital Assets Estate Planning

Digital Assets Estate Planning in La Pine, 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 things like photos you have uploaded online, social media histories, and documents in online storage services.

While many people do not consider these assets, they can be important financially, emotionally, or both. 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 near La Pine, OR

With over 50% of marriages ending in divorce, blended families have become much more common in recent times. Remarried spouses can bring children from past relationships into their marriage which could complicate estate planning.

Every family, including blended families, is unique. Each spouse must decide where they want to share their estate. This could be among their biological children or a mix of stepchildren, biological children and their spouse. At J Mishkin Law we understand the intricacies behind such decisions, and help you to consider all of your options to make the best decision for you and your family.

Planning for Blended Families
Estate Planning for Same-Sex Couples

Estate Planning for Same-Sex Couples near La Pine, OR

Oregon has recognized same-sex marriage since 2014. The concept, however, is still relatively new in the United States. For couples in domestic partnerships who are not legally married, they can enjoy the benefits of their rights at the state level, but not necessarily at the federal level.

This can cause complications when it comes to estate planning. In circumstances such as where a person dies without an estate plan in place, the surviving spouse may be ineligible to receive any inheritance. In such cases, assets will be given to the deceased's family members, which may not be according to the person's wishes. 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 near La Pine, OR

Many of our clients at J Mishkin Law 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 involves naming a successor and creating a training program. If the time comes, you will need to put your successor in place.

For partnership businesses, you can create a buyout or buy-sell agreement which details information such as who can buy shares, whether the partner must be bought out, and what can prompt a buyout.

Business Succession Planning
Charitable Planning

Charitable Planning in La Pine, OR

If you regularly give to charity, you may wish to consider charitable planning in your estate plan. We have extensive experience helping clients set up charitable trusts of any size or variety. Charitable trusts can provide significant tax advantages. 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 are beneficial for clients who want to retain control over their affairs while still receiving favorable income tax charitable deductions.

International Estate Planning near La Pine, 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 what your situation is, we will take into consideration your unique circumstances and view them through a multijurisdictional lens. J Miskin law understands the implications of international estate planning, including their taxes, assets and liabilities.

International Estate Planning

Contact a La Pine, OR Estate Planning Attorney Today

Without estate tax planning, an affluent family may see their wealth decrease by almost 50 percent due to federal estate taxes when a surviving spouse passes away and states take even more due to state estate taxes. Even worse, income taxes and estate taxes can be combined for 75 percent on certain wealth forms, including pretax 401(k) and IRAs. As a result, children and other beneficiaries might receive less that half of the family wealth.

Mr. Mishkin is an estate lawyer who helps clients create plans that maximize every tax code benefit and work hard to understand their unique goals. 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 guarantee business continuity for your family members, shareholders, employees, and customers.

It is hard enough to lose a loved ones without an estate planning lawyer. Mr. Mishkin can assist you at any time and place you require him. He will provide post-mortem planning services and timely documents. Mishkin respects the past and prepares for the future through reliable, efficient estate administration.

Your Nearest Office

390 SW Columbia Street
Suite 120
Bend, OR 97702

Have Estate Planning Questions? Contact Us

  • This field is for validation purposes and should be left unchanged.

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.