$20mm + New York Probate/Estate Tax Reduced
Jul 05, 2016OUTCOME: Complex Estate Probated and Optimal Estate Tax Outcome Achieved
Our firm handled a complex Probate matter in Manhattan, New York and successfully reduced a lofty estate tax by implementing creative arguments concerning our client's Trust techniques. For example, al ... though typically certain types of transfers are includable in a NY Decedent's gross estate if made within 3 years of death, our firm successfully argued that certain assets be exempt because they were transferred from a Revocable Trust to an Irrevocable Trust.