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.
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