Oregon’s Millionaire Boom: A New Era of Wealth and Complexity Oregon has experienced a dramatic rise in its millionaire population over the past decade. According to recent IRS data, the number of residents earning $1 million or more annually has surged from just 1,800 in 2010 to approximately 6,490 in 2022—a more than threefold increase.…

Anthony stared at the stack of paperwork on his desk—tax forms, investment statements, regulatory updates, and three messages from beneficiaries requesting distributions. Appointed by his grandfather to serve as trustee of a family trust, he’d expected to make important decisions, not drown in administrative minutiae.  His situation highlights a common dilemma: while creating a trust…