It’s no April Fool’s joke. New York state doubled its estate tax exemption as of today. And it’s set to rise gradually through 2019—if you hang on that long--to eventually match the ...

Update: New York's new estate tax law passed; read about the new exemption levels here. Forget about moving to Florida. New York could see a redo of its state’s heavy-handed estate tax as early ...

The New York estate tax is computed based on the tax table found on the New York State Estate Tax Return—Form ET-706, which sets forth an increasing rate of tax to be applied as the amount of ...

In New York, which has a $1 million state exemption, the estate would have paid $229,200 in state estate taxes on the difference between the New York exemption level and the $3.5 million federal ...

New York has an “estate tax cliff,” which can result in heirs paying New York estate tax at a rate exceeding 100%. The current per-person NYS estate tax exemption is $6.94 million, which is ...

The Petitioner asked whether the SMLLC is "intangible property" for estate tax purposes and would therefore not be treated as real property for New York State estate tax purposes. The department ...

Two more—Maryland and New York—have enacted legislation that will gradually raise their state estate tax exemptions to the federal level by 2019, thereby reflecting the new federal tax regime.