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Estate Planning Tax Alerts Federal & State Estate Tax Exemption TableYear | Federal Exemption | NYS Exemption |
| 2002-2003 | 1,000,000 | 1,000,000 |
| 2004-2005 | 1,500,000 | 1,000,000 |
| 2006-2008 | 2,000,000 | 1,000,000 |
| 2009 | 3,500,000 | 1,000,000 |
| 2010 |
No Estate Tax | 1,000,000 |
| 2011 | 1,000,000 | 1,000,000 |
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Estates that exceed these exemption level may be subject to estate taxes. Given these changing exemption amounts we are available to assist you in preparing a tax efficient estate plan that protect your assets from potential creditors and maximize the property that you leave for your loved ones.
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