America's 'most frightening place to die': The ominous hidden estate tax that has thousands fleeing

New Photo - America's 'most frightening place to die': The ominous hidden estate tax that has thousands fleeing

America's 'most frightening place to die': The ominous hidden estate tax that has thousands fleeing


Some lawmakers want to overhaul the Oregon's estate tax, which is the only one in the nation that kicks in on fortunes worth as little as $1 million. To put that in perspective, if a high net worth individual dies in New York state, they can pass down a maximum of $7.16 million to their heirs completely tax free. A group of 10 Oregon Republicans are sponsoring a bill that would lift the tax exemption up to $7 million estates, much like New York.
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