Estate & Gift Tax Focused on a Better Tomorrow

Estate & Gift Tax Attorneys in Portland

Helping Our Clients Maintain Their Finances

Estate and gift taxes are an important aspect of estate planning, and it’s important that you understand how these taxes may impact you and your family. At Pacific Cascade Family Law, our lawyers can walk you through this process to effectively protect your estate.

Call our firm at (503) 573-5566 to schedule your appointment today!

Your estate is made up of any assets that you own- this can include bank accounts, personal belongings, stocks, real property, and life insurance. An estate tax is charged to the estate of a person recently deceased, and is owed before any money is dispersed to any living heirs stated in a will.

How Estate Taxes Work

Under federal law, estate taxes will not be owed on property up to $11.58 million—anything above this price will be subject to a tax rate of up to 40%. In addition to federal estate taxes, some states also impose a state-level tax, which includes Oregon. Oregon does have systems in place to help manage this tax and provides exemptions to those who have an estate that is worth under $1 million, however any estates above this price point can be subject to estate taxes, ranging from 10%-16%, depending on your bracket.

Gift taxes are applied to any gift that is transferred from a donor to another person during their lifetime. Oregon does not have a state gift tax, so these are only applied at a federal level. A person’s estate may be subject to a gift tax if over $15,000 has been donated to a single individual in one year. Even so, there are situations that may exempt a person from having to pay these taxes, such as gifts to medical, political, or educational organizations, charity, or a gift to a spouse.

Contact Our Firm Today

If your estate is subject to estate and gift taxes, it’s important to be prepared, and to have a comprehensive understanding of how these tax laws work to ensure that you and your family can plan accordingly, and there are no surprises along the way. Our attorneys have extensive experience with these types of taxes, and can help you navigate even the most complex of scenarios.

For your consultation, call us today at (503) 573-5566 or contact us online.

A Reputation for Skilled, Dedicated Advocacy

Former Clients Share Their Experiences With Our Firm
  • “Supportive and professional team”

    - Maria Lucia Gomez-Greenberg
  • “Helpful and professional team”

    - Former Client
  • “Honest and Professional”

    - Former Client

A Firm You Can Trust

A Pillar in the Legal Community
  • Client Partnerships

    We understand the value of having professional support and connected community when navigating a family law matter. For this reason, we’ve assembled a complimentary and extensive referral list, which includes a range of professionals who not only perform services related to our clients’ cases, but also include every area of their lives.

  • Client Relations

    You are our priority from the moment you call our office, to long after your case with our firm ends. We have a client care system in place to ensure that you feel connected, supported, and prepared every step of the way throughout your case.

  • Client Match

    Your family law case is unique, and so are the individual strengths and expertise of our experienced team of lawyers. We take the time to understand the intricacies of your case so that we can match you with the attorney who is best equipped to advocate for your rights.

Let Us Help You Reach a
Better Tomorrow

Call 503-573-5566 or fill out the form below to get started.

  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please make a selection.
  • Please enter a message.