Estate Tax Planning

2026 will be an important year for tax law, as the result of new and significant changes. One of them, informally known as the One Big Beautiful Bill Act (OBBB), is going to raise some maximums of deductions, but only temporarily. What does this mean and how is it going to affect New Yorkers? SALT ...

New York state has some unique and complex laws that people with estates valued in the millions of dollars need to understand so that they can navigate them successfully. New York is one of the minority of states that has its own estate tax. This is levied separately from the federal estate tax. What to ...

Tax breaks aren’t the only way to save on your taxes. There are little holes in the tax rules that allow you to legally pay less in certain circumstances. This article looks at three such possibilities. Tax breaks are obvious, legal ways in which you get to save on your taxes. A tax loophole is ...