In New York State, what is the maximum amount of an estate that cannot be taxed? There are 5 children set to inherit their mother's estate equally.
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In New York State, what is the maximum amount of an estate that cannot be taxed? There are 5 children set to inherit their mother's estate equally.
NYS follows the Fed rule and exempts the first 2 million of an estate. In 2009 that was raised to $3.5M
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