Services & Industries
Education
LL.M., New York University School of Law
J.D., University of Oregon School of Law
B.A., University of Wisconsin-Madison
Bar & Court Admissions
Oregon State Bar
Washington State Bar Association
U.S. District Court, District of Oregon
U.S. Tax Court
Karen is Co-Chair of Tonkon Torp’s Estate Planning Practice Group, where she advises individuals and high-net-worth families in estate planning and administration, and assists clients with tax planning, business transactions, and succession planning.
She is experienced in the preparation of wills, trusts, and other estate planning documents, and provides strategic tax and legal advice to help her clients reach their business goals. Karen regularly assists clients in the creation and development of estate plans through the assessment of assets and goals, and understands complex tax and entity planning including the use of grantor trusts and family limited liability companies. She also has experience advising on pre-formation planning, entity formation, corporate governance, mergers and acquisitions, contractual interpretation issues and business succession planning.
Karen previously worked as an attorney with Lane Powell PC, Williams Kastner & Gibbs, PLLC, and Bullivant House Bailey, PC.
Community Involvement & Activities
Estate Planning Council of Portland
Board of Directors, 2020-Present
University of Wisconsin Alumni Association, Portland Chapter
Board of Directors, 2011-2015
Oregon State Bar
Bar Exam Co-Grader, 2011
Pro Bono Committee, 2009-2010
Multicultural Kidney Education Program
Board of Directors, 2009-2010
Professional Memberships
Estate Planning Council of Portland
Board Member
Multnomah Bar Association
Oregon State Bar Estate Planning & Administration Section
Oregon State Bar Tax Section
Oregon Women Lawyers
The Professional 50
Society of Trust and Estate Practitioners
The Best Lawyers in America
2022-2024, Trusts & Estates
Recent News
Best Lawyers in America® Includes 49 Tonkon Torp Attorneys on 2024 List
Forty-nine Tonkon Torp lawyers representing 36 practice areas have been selected for inclusion in The Best Lawyers in America® 2024. All of the attorneys have been previously named to the peer-review list, and most have been listed for more than 10 years.
Best Lawyers in America® Includes 53 Tonkon Torp Attorneys on 2023 List
Fifty-three Tonkon Torp lawyers representing 37 practice areas have been selected for inclusion in The Best Lawyers in America® 2023. Nearly all the attorneys have been previously named to the peer-review list, and most have been listed for more than 10 years.
Four Attorneys Elected to Tonkon Torp Partnership
Tonkon Torp LLP has elected Adam Adkin, Karen Hobson, Christopher Morehead, and Ava Schoen to its partnership, effective January 1, 2022.
Best Lawyers in America® Includes 53 Tonkon Torp Attorneys on 2022 List
Fifty-three Tonkon Torp lawyers representing 39 practice areas have been selected for inclusion in The Best Lawyers in America® 2022
Karen Hobson Reviews SECURE Act Impact on Estate Planning
On March 11, Tonkon Torp attorney Karen Hobson spoke about the estate planning implications of the Setting Every Community Up for Retirement Enhancement Act of 2019, better known as the SECURE Act. Along with two other financial advisors, Karen gave an overview of how the SECURE Act impacts qualified retirement plans such as IRAs, and how it changes beneficiary rules.
Publications & Presentations
Panelist, “Tax and Other Implications of the SECURE Act – And What You Can Do About It!” Allium Financial Advisors, March 2020
“How not to Run a Foundation: Lessons from the Trump Foundation Lawsuit,” Northwest Planned Giving Roundtable Annual Conference, September 2018
“From Taxes to Taxidermy: A Taxonomy of Topics for High Net Worth Clients,” September 2018
“Protecting Vulnerable Adults from the Big Bad (Financial) Wolf,” Oregon Business Magazine, September 2018
“Perfect Raincoats: Planning for Changing Seasons,” March 2018
“Wealth Management: A Wealth of Options for Smart Planning,” Portland Business Journal Thought Leader Forum, December 2016