A1387 — Relates to shielding certain bequests from both federal and state estate taxes

A1387 — Relates to shielding certain bequests from both federal and state estate taxes · Informed CitizenryThis bill amends the estates, powers and trusts law to establish a presumption regarding how bequests are calculated for tax purposes. If a New York resident dies after March 31, 2025, and their wi…Open in Informed Citizenry