New York policy
A1387: Relates to shielding certain bequests from both federal and state estate taxes
NY Assembly · Sponsor Jeffrey Dinowitz
- Jurisdiction
- New York State
- Applies to
- New York State (proposed)
- Effective
- January 7, 2026
What it requires
Provides a presumption that credit shelter bequests be construed to set aside the maximum amount that may be shielded from both federal and state estate taxes.
ny-stateassemblylegislationbill
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