Close

Articles Posted in Estate Taxes

Updated:

In Elder Law Estate Planning There’s More Misinformation than Information

Recently, we came across an article by a syndicated columnist that claimed that if you put your house into an irrevocable trust you lose your exclusion from the capital gains tax on the sale of the primary residence — $500,000 for a couple and $250,000 for a single person.  The…

Updated:

Tax and Medicaid Law Changes for 2025

For 2025, the exemptions for estate taxes rise to $7.16 million for New York estate taxes, and to $13.99 million for Federal estate taxes. The annual gift tax exclusion rises to $19,000. If your estate is, or may become, greater than the New York threshold, early intervention can avoid the…

Updated:

Tax and Medicaid Law Changes for 2024

For 2024, the exemptions for estate taxes rise to 6.94 million for New York estate taxes, and to 13.61 million for Federal estate taxes. The annual gift tax exclusion rises to $18,000. If your estate is, or may become, greater than the New York threshold, early intervention can avoid the…

Updated:

A Quick Guide to Reverse Estate Planning

Estate planning relies on a countless number of assumptions. One assumption is that assets only flow in one direction: from older person to younger person. In reality, this does not always have to be the case. By making the most of some unconventional estate planning techniques, people can realize some…

Contact Us
Live Chat