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Oregon Estate Planning Blog

Trusts to Minimize Taxation, Preserve Assets and Effectively Provide for Heirs

Posted by Philip Hingson | Sep 06, 2011 | 0 Comments

A revocable living trust (RLT) is an excellent solution for many people who want to avoid probate and minimize the potential for disputes while still keeping control of assets during their lifetime. Our firm is an excellent resource for creating an RLT or one of many other types of trusts that may be appropriate, such as:

• An income cap trust, often used as one planning tool to help people receiving needed Medicaid benefits and planning for long term care without exhausting critical assets

• Insurance trusts that may help preserve assets by setting aside money to pay estate taxes

• A special needs trust enabling you to leave money to heirs on needs-based government assistance without disqualifying them from receiving benefits

About the Author

Philip Hingson

Attorney Phil Hingson has been practicing law in Oregon for over 28 years.  He established our firm in Portland to provide personal, comprehensive legal guidance and action in estate and elder law matters. Our clients benefit from his in-depth knowledge of current issues, tools and strategies. Th...


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