Federal Estate, GST and Gift Taxes

For 2016, the Federal estate tax exemption rises $20,000 to $5,450,000. A married couple can pass up to $10,900,000 free of Federal estate tax. “Portability” between spouses means that any … Continue Reading →


New York Estate Tax

New York State’s exemption is now $3,125,000 and increased to $4,187,500 on April 1, 2016.  It will rise to $5,250,000 on April 1, 2017 and in subsequent years track the … Continue Reading →