My core clientele are busy professionals and entrepreneurs. They are ready to get serious about building their financial future, but don’t know where to start, and don’t have time to figure it out.
Until recently, New York residents who died with estates exceeding $1,000,000 in value were subject to the State estate tax. (Note: This is separate from the Federal estate tax exclusion, which is $5.34M for 2014.)
This time next year, you’ll probably be thinking about your 2012 taxes. Of course, laws could be passed and things could change, but as of now several changes will be coming your way at the end of 2012.