invest1 publisher
New York's estate tax cliff starts at 49% of the federal exemption
The federal exemption is $15 million a person. New York begins taxing at $7.35 million for 2026, Oregon at $1 million. Which state collects depends on a domicile test that Venable's Lawrence Mandelker calls subjective.
Publishers:americanbanker.com
Reality
- Evidence58
- Adoption
- Insufficient
- Hype gap+18
- Incentives62
- Confidence55