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Proposed Regulations May Substantially Reduce the Availability of Valuation Discounts for Interfamily Transfers of Business...

On August 2, 2016, the Treasury Department published Proposed Regulations to Chapter 14 of the Internal Revenue Code which, if adopted, may substantially reduce the availability of valuation discounts for inter-family...more

New York’s Estate Tax System Undergoes Major Overhaul

The New York Executive Budget for 2014-2015, which was signed into law earlier this week, significantly changes New York’s estate tax system effective April 1, 2014....more

Major Changes Expected To New York State’s Estate Tax System

Governor Cuomo’s budget bill, released last week, includes significant changes to New York State’s estate tax system. If these provisions in the bill pass, many of the changes will become effective nearly immediately....more

1/28/2014  /  Estate Planning , Estate Tax
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