Proskauer Rose LLP | USA | 2 Nov 2023
Estate, Gift and GST Tax Update What This Means for Your Current Will, Revocable Trust and Estate Plan The estate and gift tax regimes have been…
Proskauer Rose LLP | USA | 1 Feb 2022
The February Section 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 1.6%, which is unchanged from the…
Proskauer Rose LLP | USA | 5 Mar 2020
Important federal interest rates continue to hold relatively steady. The March Section 7520 rate for use with estate planning techniques such as CRTs…
Proskauer Rose LLP | USA | 16 Nov 2017
As of April 1, 2017, the amount of property that could pass free of New York State estate tax rose to $5.25 million. Approximately four years ago, the…
Proskauer Rose LLP | USA | 8 Dec 2016
On April 1, 2017, the amount of property that can pass free of New York State estate tax is set to rise to $5.25 million. Approximately three years…
Proskauer Rose LLP | USA | 14 Dec 2015
On April 1, 2016, the amount of property that can pass free of New York State estate tax is set to rise to $4.1875 million. Approximately two years…
Proskauer Rose LLP | USA | 4 Dec 2015
The December § 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 2.0%, which is the same as November's rate…
Proskauer Rose LLP | USA | 16 Sep 2015
The September § 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 2.2%, which is the same as last month. The…
Proskauer Rose LLP | USA | 3 Apr 2014
The New York State legislature has passed, and New York Governor Andrew M. Cuomo has signed, the Executive Budget for 2014-2015, which significantly…
Proskauer Rose LLP | USA | 7 Mar 2014
Under Proposed changes to New York's Estate, Gift and Generation-Skipping Transfer Tax Rules, There Are Advantages to Making Gifts Before April 1…