Category Archives: Estate Administration
What Will Happen to My Collectibles?
Some of your most precious possessions may be collections of items you have accumulated over your lifetime. You have probably put a great deal of thought into who should receive these collectibles as part of your estate plan. But have you considered the tax consequences of the eventual sale of these items? Gifts of collectibles… Read More »
The Truth About Estate Taxes in New York
Dan L. Duncan, a Texas billionaire, described by Forbes as the 74th richest person in the world, died unexpectedly from a brain hemorrhage in 2010. His untimely death generated a number of reports by the media, noting that from an estate taxation perspective, his timing couldn’t have been better. In that year, Congress failed to… Read More »