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Question

What is the New York estate tax?

Answer

The New York estate tax is a state-level tax on the transfer of property after death. For 2026, estates valued at or below $7.35 million generally owe no New York estate tax. Estates above that threshold may owe tax at graduated rates up to 16%. New York’s estate tax operates separately from the federal estate tax, which has a higher exemption of $15 million per person in 2026.

Related FAQs

How can a credit shelter trust help with New York estate tax planning?

Where can I find the current New York estate tax exemption amount?

How does New York estate tax compare to other states?
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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