New York State Significantly Changes its Estate and Gift Tax Regimes | Wealth Planning content from WealthManagement.com

On March 31, 2014, Governor Andrew Cuomo signed legislation to implement the New York State fiscal plan for 2014 – 2015. The legislation makes broad changes to the New York State (NY) estate and gift tax laws, as well as some more technical changes to certain trust income tax rules. These broad changes may warrant the re-evaluation of estate plans currently in place.

read more here:  New York State Significantly Changes its Estate and Gift Tax Regimes | Wealth Planning content from WealthManagement.com.

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