My father lived in NJ and passed away intestate with an estate under $10,000. My brother and I are the only heirs. I am the administrator and live in NY. If I open an estate account in NY am I required to file and pay estate tax for NY as well as NJ? Is there likely to be any estate tax on such a small amount?
DUI / DWI Attorney
There is no New York estate tax on estates under one million dollars. For further information on New York admininstrator's duties, see the free "Executor's Legal Survival Guide" at http://www.legalsurvival.com/legal_faqs/elder_law.html#executors_guide