tax

For individuals and families with significant wealth, a strategic estate plan must account for the potential tax liabilities that arise from transferring assets. One of the most valuable tools currently available is the elevated federal gift and estate tax exemption; however, this advantageous exemption is scheduled to be reduced after 2025. As the deadline approaches, the attorneys at Eghrari Wealth Training Firm urge New York residents to prepare for the 2026 lifetime exemption rollback by …

A successful estate plan is able to merge numerous estate planning goals into one comprehensive plan. For many people, tax avoidance is one of those goals given that a substantial portion of the value of an estate can be lost to state and/or federal tax obligations in the absence of proper planning. With that in mind, the Long Island attorneys at Eghrari Law Firm offer some guidance on how to incorporate tax avoidance strategies into your New York estate plan. Federal Gift and Estate …