Selling the family farm to pay the estate tax is a rare indeed, but it takes planning to minimize the tax burden on your family and make the transition as smooth as possible.
Have you ever wondered what your Estate Tax Liability is in Oregon? This table shows the estate transfer tax rate for 2015.
If these rates seem high, you should know there are many ways to lower your tax liability, leaving more of your hard-earned money for your family and loved ones. If you would like to know more about lowering your tax liability, please call my office to schedule an appointment.
Chase Morinaka practices law in Portland, Oregon with a focus on Small Business Law,, Personal Injury, Estate Planning, and Elder Law.