Most everyone I meet with is at some level concerned about estate taxes; or as many call them "Death Taxes." People I meet with will often say something like, "I don't want Uncle Sam taking everything I've worked a lifetime to save." More on that in a bit.
The good news, over 95% of families in the United States are not currently subject to the Federal Estate Tax. The 2016 Federal Estate Tax Exemption is $5.45 million for individuals and $10.9 million for married couples.
Now for the not so good news, we live in Oregon. The Oregon Estate Tax Exemption is currently $1 million for an individual. We have solutions available to take full advantage of the Oregon exemption; limiting the estate tax paid to Oregon.
If you'd like to know more about this type of estate planning, call 503-850-8345 to start a conversation about the options available to you.
Father, husband, entrepreneur, and owner of a trivia filled brain. I help families and individuals plan for the unexpected and end of life. Schedule a Complimentary Strategy Session to chat with me, get answers to your questions, and find out about your Estate Plan options.
Who Will My Estate Plan Benefit?11 Sep, 2019
Advance Directive or Healthcare Power of Attorney29 Nov, 2016
Young Adult Estate Planning21 Sep, 2016
13 Sep, 2019
The Bank Won’t Accept My Power of Attorney06 Sep, 2019
How Can A Trust Be Private & Still Work?04 Sep, 2019
How Do I Disinherit A Child?30 Aug, 2019
Why People Choose A Will Or A Trust