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Understanding New York Estate Taxes
Residents of New York, as well as nonresidents who own real estate and/or tangible personal property located in New York, are subject to a local estate tax in addition to the federal estate tax. Learn all about the New York estate tax here.
Overview of New York Estate Tax Laws
If you live in New York, then you live in one of the remaining states that collects a state estate tax or a state inheritance tax. The estates of New York residents, as well as the estates of nonresidents who own real estate and/or tangible personal property located in New York, are subject to a state estate tax in addition to the federal estate...