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Educational content only. Not legal, financial, tax, or medical advice. Plan Your Passing is not a law firm and no attorney-client relationship is created here. Estate, probate, tax, and inheritance laws differ by country, state, and county. You are responsible for confirming what applies to you. Always consult a licensed attorney in your jurisdiction before acting on anything you read or generate on this site.

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OR · Multnomah County · Family estate-planning guide

Estate planning in Portland, OR

Oregon has a $1M state estate tax exemption — the second-lowest in the country.

Why this matters in Portland

The local angle

Oregon's $1M estate-tax exemption (one of the lowest in the US, vs federal $13.6M) means many Portland-area families face state estate tax. The 10-16% tax rate applies, and there's no portability between spouses — so a credit-shelter trust strategy matters more here than in most other states.

Local nuance

Portland real estate has appreciated dramatically over the past decade; many middle-class families cross the $1M threshold via their primary residence alone.

Top concerns for Portland families

  • Oregon $1M estate-tax exemption + 10-16% rate
  • No spousal portability — credit-shelter trust required
  • Step-up basis on appreciated Portland homes
  • Multi-state property (OR/WA common)

Oregon state law

At a glance

Portland estate work is governed by Oregon state law. Here's what every family should know.

Probate timeline
9–14 months typical

$3,000–$5,000 typical

Small estate
Under $275,000 (real & personal combined, indexed)

Small-estate affidavit ORS §114.515

Estate / inheritance tax
Estate tax: $1M

No inheritance tax

Spousal rights

Elective share: 33% with descendants

Common pitfalls

  • Oregon estate tax threshold is $1M — among the lowest in the country
  • OR estate tax 'cliff' over threshold
  • Real estate values in metro Portland push many estates over

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