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Estate Tax › Exclusions › New York

Estate taxes, also known as inheritance or death taxes, are taxes on an individual's right to transfer property at death.
McDermott Will & Emery

Window Closing for New Yorkers to Take Advantage of Expanded Federal Tax Exclusions and Exemptions

McDermott Will & Emery on

The federal gift and estate tax exclusions and the generation-skipping transfer (GST) tax exemption increased significantly under the Tax Cuts and Jobs Act of 2017 (TCJA). Recent inflation adjustments have expanded them even...more

McDermott Will & Emery

Expanded Federal Tax Exclusions and Exemptions Mean Greater Opportunities for New Yorkers

McDermott Will & Emery on

The federal gift and estate tax exclusions and the generation-skipping transfer (GST) tax exemption increased significantly under the Tax Cuts and Jobs Act of 2017 (TCJA). Recent inflation adjustments have expanded them even...more

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