June 01, 2015 EXP

New York’s Revised Estate Tax Exemption: Real Change?

Martin B. Cowan

In 2014, New York modified its estate tax. The governor claimed the changes would conform the New York estate tax exemptions to the federal amounts and reduce estate taxes for most decedents. But for many of us who have studied the actual changes, the governor’s claims appear to have been more political spin than anything else.

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