633 Route 211 East Middletown, NY 10941

3 Neptune Road Poughkeepsie, NY 12601

Call us(877) 740-9500 Email usinfo@jgspc.com

The JGS Advisor

Snowbirds – Come Back to New York (Maybe) – Pt. 3

Conclusion

Wills should be reviewed to be certain that clients are taking maximum advantage of the New York State estate tax exclusion. In general, if assets are allocated at the first death to a “credit shelter trust” to the extent   Read More

Posted in Blog, The JGS Advisor

Snowbirds – Come Back to New York (Maybe) – Pt. 2

Michael Markhoff, Esq.

 

Bad News

Under federal law, if the first decedent does not utilize the full $5,340,000 federal estate tax exclusion, any unused portion is carried over (referred to as portability) and is available to the surviving spouse at   Read More

Posted in Blog, The JGS Advisor