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Oregonians Look To Trusting Sources

Oregonians Look to Trusting Sources

Although estate and gift taxes are now combined, the rates can be as high as 40% for federal and 10% for state. For federal purposes there is an exclusion of $5,340,000 of the estate’s value as of date of death ($1,000,000 for Oregon), which prevents them from being effective for most estates. Further the $14,000 gift tax exemption may further prevent exposure.
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