Estate Planning Attorney Three Rivers, OR

estate planning oregon

Jonathan Mishkin is an estate planning attorney with offices throughout Oregon in Portland, Bend, and West Linn. He has over 22 years experience and can help you structure your affairs so that there is less exposure to probate.

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. He allows clients to choose when they want to transfer control of their assets to the next generations.

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:

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Probate and Trust/Estate Litigation Three Rivers, OR

Probate proceedings may be necessary to settle the estate of a deceased person. 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 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 Three Rivers, OR

It is important for aging family members to be able to articulate their future wishes and have them documented according 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 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 Lawyer Portland
Guardianship & Conservatorship Lawyer Portland

Guardianship/Conservatorship 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.

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 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 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 are particularly useful for those who reach a certain age or have 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 Three Rivers, OR

Many clients' businesses and personal information are stored electronically thanks to the rapid advances in technology over the past decade. Digital assets include photos, documents, social media histories, as well as digital assets such as photos and documents that you upload online.

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 near Three Rivers, OR

Blended families are becoming more popular in recent years, with over half of all marriages ending in divorce. 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, even every blended family 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. 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 Three Rivers, 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 can lead to complications 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. These cases will see the assets being passed on to the deceased's relatives. This may not be in line with 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 Three Rivers, OR

J Mishkin Law is often contacted by small-business owners. It doesn't matter how small or large a business may be, it is important to have a plan for the business in case the owner passes away, becomes disabled, or retires.

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.

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 Portland
Charitable Planning

Charitable Planning in Three Rivers, OR

Consider charitable planning for your estate plan if you are a regular donor to charity. 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 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. 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 near 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 what your situation is, we will take into consideration your unique circumstances and view them through a multijurisdictional lens. At J Miskin Law we understand the effects of international estate planning and their associated taxes, assets, and liabilities.

International Estate Planning

Contact a Three Rivers, OR Estate Planning Attorney Today

Affluent families may lose almost 50% of their wealth if they don't plan for estate tax. Federal estate taxes are levied on the estates of surviving spouses. States also take 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. As a result, children and other beneficiaries might receive less that half of the family wealth.

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 provides generational planning that ensures your family's wealth will be retained for future generations. Have a business to run? He can assure business continuity and value for your family, shareholders, employees and 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

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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.