Estate Planning Attorney Redmond, OR

estate planning oregon

Jonathan Mishkin is an estate planning lawyer with offices in Oregon's Portland, Bend and West Linn. With over 20 years of experience, he can work with you to structure your affairs to reduce exposure to the imposition of the estate tax and avoidance of probate.

Mr. Mishkin utilizes revocable and irrevocable trusts, partnerships/LLCs, and charitable entities with the goal of maximizing available income and estate tax benefits to reduce the client's overall tax burden. This is done while giving the client the option to decide when to give control 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:

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 near Redmond, 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 is not always an easy 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. To save time, money, and sometimes, family relationships, it is best to address probate and administration issues early.

Our estate planning firm offers counsel and representation to beneficiaries, trustees, and executors in disputes and litigation.

Elder Law and Estate Planning Redmond, 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 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 understand how planning for long-term care and the processes behind qualifying for Medicaid can be daunting. 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 in Redmond, OR

A person may become mentally or physically disabled and cannot manage their financial or 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 understand the appointment of one or both of these is an emotional process for all involved, and work with you towards the ultimate goal of securing the person's medical and/or financial needs.

Revocable Living Trusts and Wills near Redmond, OR

These documents are separate, but only one of them is required to be the foundation 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.

Revocable living trusts are private contracts that specify the rules for a client's assets. 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. Revocable living trusts can be used to avoid probate and allow the estate administrator to save time as well as money.

estate planning family
Digital Assets Estate Planning

Digital Assets Estate Planning in Redmond, 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 photos uploaded online, social media histories and documents stored in online storage.

While many people do not consider these assets, they can be important financially, emotionally, or both. You can reduce administrative burdens by creating a digital estate plan that addresses digital assets management and distribution. It will also preserve your sentimental images and documents.

Planning for Blended Families Redmond, OR

With over 50% of marriages ending in divorce, blended families have become much more common in recent times. The estate planning process can be complicated for blended families when one or both of the remarried spouses has brought in children from previous relationships.

Every family, and every blended family, are different. 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 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 near Redmond, OR

Oregon has recognized same-sex marriage since 2014. The concept, however, is still relatively new in 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 can create problems in 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. The assets of the deceased will be transferred to their blood relatives. This might not be in the deceased person's best interests. An estate plan is vital in these cases, as well as for other reasons such estate tax, funeral arrangements, or guardianship of any children.

Business Succession Planning in Redmond, OR

J Mishkin Law has many clients who are small-business owners. No matter the size of your business, you should have a plan to protect it in case the owner passes away, becomes disabled or retires.

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.

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 Redmond, OR

You might consider charitable planning if you give regularly to charities. 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.

Private foundations may also be an option for larger estates. These can be beneficial as the client retains control over management while securing favorable income tax charitable deductions.

International Estate Planning Redmond, 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 what your situation is, we will take into consideration your unique circumstances and view them through a multijurisdictional lens. 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 Redmond, 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. Children and other beneficiaries could receive less than half the wealth of their family.

Mr. Mishkin, estate lawyer, designs plans to maximize tax code benefits while focusing on your specific objectives. He will listen to what you have to say and make suitable recommendations. You create your own plan that will fully satisfy both 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. Own a business? 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 will help you wherever and whenever you need him. Mishkin will respect the past while making plans for the future with a reliable and professional 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.