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Question

How does New York estate tax compare to other states?

Answer

New York is one of about a dozen states that impose a separate estate tax. Its $7.35 million exclusion is higher than some states (like Oregon, which has a $1 million exemption) but lower than the federal amount. Almost no other state eliminates the exclusion entirely when an estate exceeds 105% of the threshold. This makes planning especially important for New York residents.

Related FAQs

How does the New York estate tax cliff operate?

How can I benefit from an estate plan if I live in New York?

How do I calculate my New York estate tax?
Estate Planning Tax Planning Asset Protection Trusts Living in Retirement Tax Tips & Tricks Protecting Your Legacy Generational Wealth FAQs
Last Updated Oct. 20, 2026
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