Estate Planning Attorney Three Rivers, OR

estate planning oregon

Jonathan Mishkin works as an estate planning attorney in Oregon. He has offices in Portland, Bend, and West Linn. 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.

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 offers the following estate planning services:

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Probate and Trust/Estate Litigation Three Rivers, OR

A probate proceeding may be necessary in order to deal with the affairs of the deceased following a death. The Will is the document that guides probate and expresses the wishes of the deceased.

This is not always an easy task. During the probate and trust administration period, beneficiaries may disagree on the value of assets and how those assets are to be distributed. As these issues are typically amongst family members, emotions can come to the forefront and make a tough situation even more difficult. It is best to resolve probate and administration issues as early as possible to save time, cost, and in some cases, 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 Three Rivers, OR

It's crucial to know the wishes of family members as they age and to have these documents in line 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 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 Three Rivers, OR

A person may become mentally or physically disabled and cannot manage their financial or personal affairs. In such cases, the court can grant that authority to another person making them the conservator or guardian.

The guardian can manage and control the physical and emotional care of the person. However, a conservator is responsible for the financial affairs of the person. We recognize that the appointment or both of these people is an emotional time for everyone involved. We work with you to reach the ultimate goal, which is to secure the person's financial and/or medical needs.

Revocable Living Trusts and Wills near Three Rivers, 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 appoints an executor to represent the estate of the deceased client in probate court. This will allow for the distribution of assets and the appointment of guardians for minor children. It also allows for funeral arrangements to be directed.

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 will remove the need to probate. It will also allow the person handling the estate to save money while also saving time.

estate planning family
Digital Assets Estate Planning

Digital Assets Estate Planning in Three Rivers, OR

Thanks to the rapid advancement of technology over the last few decades, many of our clients' businesses and personal data is now stored electronically. Digital assets include photos, documents, social media histories, as well as digital assets such as photos and documents that you upload online.

These assets can be valuable financially, emotionally, and even both, though many people don't consider them. 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 near Three Rivers, 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, including blended families, 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 in Three Rivers, OR

Oregon has recognized same-sex marriage since 2014. The concept, however, is still relatively new in the United States. If a couple is not legally married but lives in a domestic partnership, they may be eligible for the state's rights, but not necessarily the federal.

This could cause problems when estate planning is concerned. 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. 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 near Three Rivers, 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.

Any sole proprietorship should have a succession plan in case of any such event. This includes choosing a successor, creating a training plan and establishing the process of putting your successor in position if necessary.

A buyout or buy-sell contract can be created for partnerships businesses. It details information such as who is allowed to buy shares, who must be bought out and what could trigger a buyout.

Business Succession Planning
Charitable Planning

Charitable Planning Three Rivers, OR

You might consider charitable planning if you give regularly to charities. The tax benefits of charitable trusts are significant. J Mishkin Law has extensive experience helping clients to arrange for various sizes and types of charitable gifts. You are free to alter the charitable recipient at will and you can also create an income stream that can be used to provide an annuity to a loved one.

A private foundation may be an option for clients with large estates that intend to leave a part of their estate to charity. 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 in Three Rivers, OR

Depending on the country and its laws, some countries may not recognize wills executed in other countries, such as the US. 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, we take your individual circumstances and look at them through a multi-jurisdictional lens. J Miskin Law understands the impact of international estate planning on taxes, assets, liabilities, and other tax implications.

International Estate Planning

Contact a Three Rivers, 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. 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.

Estate lawyer Mr. Mishkin structures plans to benefit from every tax code nuance while working hard to understand your unique objectives. He can help you make the right decisions by listening to all your goals and objectives. Your plan will be able to satisfy both you and your family.

Meanwhile, he provides generational planning for your family's wealth to be optimally retained and administered to future generations. Own a business? He can ensure business continuity and value to your family, shareholders and employees, as well as customers.

Losing a loved one is hard enough without an estate planning attorney. Mr. Mishkin can help you when and where you need him, providing post-mortem planning and documents by deadlines. 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

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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