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            2023 Schedule OR-OSMP
6           Page 1 of 2, 150-104-004                    Oregon Department of Revenue            17532301010000                                                      6
7           (Rev. 05-25-23, ver. 01)                                                                                                                                7
8           Oregon Special Marital Property                                                                                                                         8
9                                                                                                                                                                   9
10                                                                                                                                                                  10
11                                                            Submit original form—do not submit photocopy.                                                         11
12                                                                                                                                                                  12
13                                                                Calculation for Form OR-706                                                                       13
14          •Decedent first name     •Initial •Decedent last name                                                                                                   14
15           XXXXXXXXXXXX X             XXXXXXXXXXXXXXXXXXXX , Estate                                                                                               15
16          •Decedent Social Security number                                                    •Date of death                                                      16
17          999-99-9999– –                                                                      99/99/9999/ /                                                       17
18                                                                                                                                                                  18
19          1. Gross estate, Form OR-706, part 2, line 1 ........................ •  1.         99,999,999,999.00.00                                                19
20                                                                                                                                                                  20
21          LESS:                                                                                                                                                   21
22          2.  Schedule J ...........................  •2.  99,999,999,999.00.00                                                                                   22
23          3.  Schedule K ..........................  •3.   99,999,999,999.00.00                                                                                   23
24          4.  Schedule L ...........................  •4.  99,999,999,999.00.00                                                                                   24
25          5.  Schedule M (federal only) ....  •5.          99,999,999,999.00.00                                                                                   25
26          6.  Schedule O ..........................  •6.   99,999,999,999.00.00                                                                                   26
27          7.  Total deductions (add lines 2–6) .......................................    • 7.99,999,999,999.00.00                                                27
28          8.  Net distributable estate (line 1 minus line 7) .................................................................   •    8.99,999,999,999.00.00      28
29          9.  LESS: Oregon filing threshold ......................................................................................   •9.     1,000,000.00         29
30          10. Minimum OSMP deduction needed to reduce Oregon tax to zero (line 8 minus line 9)   •.... 10.99,999,999,999.00.00                                    30
31                                                                                                                                                                  31
32                                                                                                                                                                  32
33          Specific assets for OSMP election. You may make an OSMP election for all or part of a trust or other property. If you                                   33
34          make a partial election of any item, enter the fractional portion or percentage in column B. Round to four decimal places.                              34
35          •A. Schedule &            •B. Portion            •C. Property description                                                     •D. Amount                35
36           item number                                                                                                                                            36
37          XXXXXXXXXXXXX 999.9999.                        % XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX99,999,999,999.00.00                                                  37
38          XXXXXXXXXXXXX 999.9999.                        % XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX99,999,999,999.00.00                                                  38
39          XXXXXXXXXXXXX 999.9999.                        % XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX99,999,999,999.00.00                                                  39
40          XXXXXXXXXXXXX 999.9999.                        % XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX99,999,999,999.00.00                                                  40
41          XXXXXXXXXXXXX 999.9999.                        % XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX99,999,999,999.00.00                                                  41
42          XXXXXXXXXXXXX 999.9999.                        % XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX99,999,999,999.00.00                                                  42
43          XXXXXXXXXXXXX 999.9999.                        % XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX99,999,999,999.00.00                                                  43
44          XXXXXXXXXXXXX 999.9999.                        % XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX99,999,999,999.00.00                                                  44
45          XXXXXXXXXXXXX 999.9999.                        % XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX99,999,999,999.00.00                                                  45
46          XXXXXXXXXXXXX 999.9999.                        % XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX99,999,999,999.00.00                                                  46
47          XXXXXXXXXXXXX 999.9999.                        % XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX99,999,999,999.00.00                                                  47
48          XXXXXXXXXXXXX 999.9999.                        % XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX99,999,999,999.00.00                                                  48
49          XXXXXXXXXXXXX 999.9999.                        % XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX99,999,999,999.00.00                                                  49
50          XXXXXXXXXXXXX 999.9999.                        % XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX99,999,999,999.00.00                                                  50
51          XXXXXXXXXXXXX 999.9999.                        % XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX99,999,999,999.00.00                                                  51
52          XXXXXXXXXXXXX 999.9999.                        % XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX99,999,999,999.00.00                                                  52
53                                                                                                                                        •D. Total                 53
54                                                                                                                                                                  54
                                                                                                                                          99,999,999,999.00.00
55                                                                                                                                                                  55
56                                                                                                                                                                  56
57          11. Total property interests listed (from column D above) ................................................. ••11.             99,999,999,999.00.00      57
58          12. Total from included continuation schedules (if needed) .............................................. ••12.               99,999,999,999.00.00      58
59          13. Total OSMP(add lines 11 and 12). Enter on the Schedule M for Oregon only                                                                            59
60              and add this amount to Form OR-706, recapitulation, part 5, line 520 ...................... ••13.                         99,999,999,999.00.00      60
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            2023 Schedule OR-OSMP
6           Page 2 of 2, 150-104-004               Oregon Department of Revenue                       17532301020000                                                                           6
7           (Rev. 05-25-23, ver. 01)                                                                                                                                                           7
8           Election to be signed by all permissible distributees except the surviving spouse: Each of the undersigned acknowledge                                                             8
9           and consent to a portion of the___________________________________________________XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX  (name of trust or other property                            9
10          interest) being set aside as a separate share or trust in order to qualify for the Oregon special marital property election in                                                     10
11          accordance with ORS 118.013, for the primary purpose of reducing or eliminating the Oregon estate tax due on the estate of                                                         11
12          XXXXXXXXXXXXXXXX_______________________ (name of decedent). The undersigned together with the surviving spouse constitute all of the per-                                          12
13          sons living on the date of this election who may be entitled to a distribution during the lifetime of the surviving spouse from                                                    13
14          the XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX___________________________________________________ (name of trust or other property interest). Each of the under-                          14
15          signed, both on behalf of the undersigned and on behalf of the unborn lineal descendants of the undersigned, irrevocably agrees                                                    15
16          to release all rights to any current interest in the Oregon special marital property during the lifetime of the surviving spouse.                                                  16
17          Each of the undersigned agrees that all other provisions of the                           ____________________________________________________ XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX 17
18          (name of trust or other property interest) shall remain in effect and that, upon the death of the surviving spouse, any re-                                                        18
19          maining Oregon special marital property shall be distributed as otherwise provided in the trust or other property interest.                                                        19
20                                                                                                                                                                                             20
21          Signature of:                                                                                                           (permissible distributee)                                  21
22          Signature of:                                                                                                           (permissible distributee)                                  22
23          Signature of:                                                                                                           (permissible distributee)                                  23
24          Signature of:                                                                                                           (permissible distributee)                                  24
25          If more signature lines are needed, include a continuation schedule.                                                                                                               25
26                                                                                                                                                                                             26
27          Subscribed and sworn to before me this         day of                                      , 20 .                                                                                  27
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29                                                                                                                                                                                             29
30                                                                                                                                                                                             30
31                                                                                                                                Notary Public                                                31
32          My commission expires:                                                                                                                                                             32
33                                                                                                                                                                                             33
34                                                                                                                                                                                             34
35          Election to be signed by the surviving spouse: I am the surviving spouse of XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX                                                                     35
36          (name of decedent). I acknowledge and consent to a portion of the XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX                                                                               36
37          (name of trust or other property interest) being set aside as a separate share or trust in order to qualify as Oregon special marital                                              37
38          property under ORS 118.013, for the primary purpose of reducing or eliminating the Oregon estate tax due on the estate of                                                          38
39          XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX                     (name of decedent). I, together with all of the other individuals                                                           39
40          executing the election in accordance with ORS 118.013, constitute all of the persons living on the date of this election who                                                       40
41          are permissible distributees or who may be entitled to a distribution from the Oregon special marital property to which this                                                       41
42          election applies.                                                                                                                                                                  42
43          I agree that all other terms, conditions and provisions that apply to the                 XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX                                                       43
44          (name of trust or other property interest) shall apply to the Oregon special marital property to which this election applies,                                                      44
45          and that upon my death, any remaining Oregon special marital property shall be distributed as otherwise provided in the                                                            45
46          trust or other property interest.                                                                                                                                                  46
47                                                                                                                                                                                             47
48          Signature of:                                                                                                           (surviving spouse)                                         48
49                                                                                                                                                                                             49
50          Subscribed and sworn to before me this         day of                                      , 20 .                                                                                  50
51                                                                                                                                                                                             51
52                                                                                                                                                                                             52
53                                                                                                                                                                                             53
54                                                                                                                                Notary Public                                                54
55          My commission expires:                                                                                                                                                             55
56                                                                                                                                                                                             56
57                  Include the Oregon only Schedule M and Schedule OR-OSMP calculation with Form OR-706.                                                                                      57
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