insights, commentary and analysis regarding estate planning and elder law issues affecting New Yorkers and their families.
Monday, May 14, 2012
State-by-State Estate Tax Survey
The American College of Trust and Estate Counsel has just released this comprehensive Death Tax Chart summarizing the estate and inheritance tax laws currently in effect in the 50 states and the District of Columbia. Of the local jurisdictions, New York, New Jersey and Connecticut each have a state estate tax distinct from the federal estate tax, while Pennsylvania has a state inheritance tax.