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Posts tagged gift tax
Grandparents and Estate Planning: How a Portland, Oregon Estate Planning Lawyer Can Help You Protect Your Grandchildren's Future

As a grandparent, you've probably spent countless hours doting on your grandchildren, showering them with love, and creating precious memories. But have you considered how you can continue to support and protect them long after you're gone? As a Portland, Oregon estate planning lawyer, I've seen firsthand how grandparents can play a crucial role in securing their grandchildren's financial future. Let's explore some powerful strategies you can use to leave a lasting legacy.

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Portland, Oregon Estate Planning Attorney Announces IRS Increase to Estate Tax Exclusion For 2023

After you’ve rung in the New Year, it’s time to start getting down to business and thinking about tax season. While it’s not the merriest time of the year, tax season is a great time to review your finances and the changes that may impact how you file. Every year, the Internal Revenue Service provides its updated tax inflation adjustments. These yearly amendments lay out the amounts exempt from federal estate and gift taxes. Due to inflation, the IRS has increased estate tax exclusions for 2023. What does that mean for you?

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