This article provides a comprehensive overview of the current New York estate tax framework, including a discussion and analysis of the New York estate tax exemption amount, key computational differences between the New York and federal estate tax, and practical planning strategies to minimize state and federal estate tax exposure for New York State residents dying in or after 2026.

I have spent the latter part of my career helping tax professionals think through technical positions, reviewing high-risk issues, and training newer professionals on how to read and apply the tax rules in a practical way.