Do I need a will if I have a trust?

Yes. Even with a living trust, you need a pour-over will to capture any assets that weren't transferred into your trust during your lifetime. Without one, those assets pass through Oregon's intestacy laws rather than according to your wishes.

What is the difference between a will and a living trust?

A will takes effect at death and must go through probate before assets are distributed. A living trust takes effect immediately, avoids probate, and allows for faster, private transfer of assets to your beneficiaries. Trusts also provide better protection for blended families and beneficiaries who are minors or have special needs.

How much does estate planning cost in Oregon?

Track Town Law offers flat-fee estate planning services in Oregon and Idaho. Fees vary based on the complexity of your plan — whether you need a simple will package, a full revocable living trust plan, or a more complex plan involving Medicaid planning or special needs considerations. Consultations are free.

Do I need an LLC for my small business in Oregon?

Most small business owners in Oregon benefit from forming an LLC. It separates your personal assets from business liabilities, can provide tax flexibility, and signals credibility to clients and vendors. The key is not just forming the LLC but setting it up correctly with an operating agreement, a dedicated bank account, and an EIN.

What does Medicaid planning involve?

Medicaid planning involves structuring your assets and income to qualify for Oregon Medicaid long-term care benefits while protecting as much of your estate as possible. This may involve Medicaid Asset Protection Trusts, spousal protection strategies, and coordinating with VA benefits if applicable. Planning works best when started at least five years before care is needed.

Can I work with Track Town Law if I don't live in Eugene?

Yes. Track Town Law is a fully virtual firm serving clients throughout Oregon and Idaho. All meetings are conducted by video or phone, and documents are signed electronically. You never need to come to an office.

What is Oregon's estate tax threshold?

Oregon imposes its own estate tax with a threshold of $1 million — significantly lower than the federal exemption of $15 million. This means many Oregon families who wouldn't owe federal estate tax may still owe Oregon estate tax. Proper planning with trusts and other strategies can reduce or eliminate this exposure.

How do I get started with Track Town Law?

Start with a free consultation. You can book online at tracktownlaw.com/book-now. Consultations are conducted by video or phone and typically last 30 to 45 minutes. There is no obligation and no charge for the initial meeting.

Legal insights for Oregon and Idaho small business owners.

This blog is the written companion to the Doing Business As podcast. From formation to succession, each episode breaks down the legal decisions that shape your business—clearly, practically, and without the fluff. Authored by attorney Jared Hight of Track Town Law, each post is tailored to real-world entrepreneurs who want to build wisely and avoid preventable mistakes.

Jared Hight 6/17/25 Jared Hight 6/17/25

S-Corp vs LLC: Are You Paying More Taxes Than You Need To?

LLC or S-Corp? If you’ve heard you’re “leaving money on the table,” read this first. Here’s when the S-Corp election makes sense—and when it’s more trouble than it’s worth.

Jared Hight 6/15/25 Jared Hight 6/15/25

Why Your LLC’s Operating Agreement Actually Matters (and Why Templates Usually Fail)

Forming an LLC without a real operating agreement is like building a house on sand. Here’s why Oregon and Idaho business owners can’t rely on free templates—and what needs to be in the document that governs your company.

Jared Hight 6/12/25 Jared Hight 6/12/25

Do I Really Need a Registered Agent for My Oregon or Idaho Business?

Yes—you do. Here’s what a registered agent actually does, what happens if you get it wrong, and why it matters more than most small business owners realize.

Jared Hight 6/10/25 Jared Hight 6/10/25

When Should You Form an LLC in Oregon or Idaho?

LLCs aren’t just for big businesses or six-figure side hustles. If you’re making money, taking on risk, or signing contracts, here’s when—and why—to stop operating as a sole proprietor in Oregon or Idaho.

Jared Hight 6/5/25 Jared Hight 6/5/25

Sole Proprietorships in Oregon and Idaho: Simple, Common—and Risky

Many small businesses start as sole proprietorships by default. But that simplicity can come at a high cost. Here’s what every Oregon and Idaho entrepreneur needs to know.

Jared Hight 6/3/25 Jared Hight 6/3/25

What Is a Business Entity—and Why Does It Matter in Oregon or Idaho?

If you’re selling a product or service and haven’t formed an entity, you’re a business owner by default. Here’s why that matters—and how the right structure protects you.