The federal estate and gift tax exemption is the highest it has ever been. Under current law, you may transfer almost $14 million to anyone you wish without having to pay a dime of federal gift or estate tax. Absent any...more
10/25/2024
/ Clawbacks ,
Deadlines ,
Estate Planning ,
Estate Tax ,
Estate-Tax Exemption ,
Gift Tax ,
Gift-Tax Exemption ,
Income Taxes ,
IRS ,
Tax Exemptions ,
Tax Planning
On July 13, 2023, Governor Tina Kotek signed into law SB 498, which provides a new Oregon estate tax exemption for up to $15 million (the NR Exemption) of natural resource property that is used in a decedent’s farming,...more
7/18/2023
/ Estate Tax ,
Family Businesses ,
Farms ,
Fishing Industry ,
Forestry ,
Legislative Agendas ,
New Legislation ,
Oregon ,
Property Owners ,
Property Tax ,
Tax Exemptions