Being the executor of someone's estate is a big responsibility, and there are a number of things to consider before you agree to do so. As the executor, you are responsible for ensuring all debts are paid, distributing assets according to instructions in the will, and...
The current estate tax rate in New York ranges from 3.06% to 16%. According to these tax rates, estates over 6.11 million per individual in 2022 are subjected to taxation. In addition to these tax rates, the state has a tax cliff that mainly targets larger estates....
