The 2026 Tax Cliff: A Ticking Clock for New York Estates
The clock is ticking. For high-net-worth individuals and families in New York, 2025 is the most critical year for estate planning in over a decade. A massive, scheduled change in federal tax law is set to occur on January 1, 2026. This event, known as the “TCJA Sunset,” will dramatically reduce the amount of wealth families can pass on tax-free. Inaction is no longer a viable strategy; it is a costly mistake.
This change isn’t a distant possibility. It is written into current law. Consequently, families who have built substantial wealth, particularly in high-value areas like New York City, face a significant threat to their legacy. The federal estate tax exemption is being cut in half. This guide explains what is happening, how New York’s unique tax laws create a “double whammy,” and what proactive steps you must take in 2025 to protect your assets.
At Morgan Legal Group, our team of experienced attorneys, led by Russel Morgan, Esq., specializes in navigating these complex shifts. We have 30 years of experience helping New Yorkers protect their legacies. We urge you to understand the gravity of this deadline. Your window for strategic action is closing. Contact us today for a comprehensive review of your plan.
Understanding the 2026 “Sunset”: The $7 Million Problem
To grasp the urgency, you must first understand the mechanism at play. The federal government imposes a tax on large estates transferred at death. However, a large portion of an estate is “exempt” from this tax. The upcoming change directly targets this exemption amount.
What is the Federal Estate Tax Exemption?
The federal estate tax exemption is the total value of assets a person can give away during their lifetime or at death without incurring federal estate or gift tax. It’s a unified credit that applies to both gifts made while you are alive and the estate you leave behind.
In 2017, the Tax Cuts and Jobs Act (TCJA) dramatically doubled this exemption. For 2025, due to inflation adjustments, this exemption stands at $13.61 million per individual. This means a single person can protect over $13 million from federal estate tax. A married couple, using “portability” (which we will discuss), can effectively shield over $27 million. This historic high has kept many families, even successful ones, safely outside the reach of the 40% federal estate tax.
What is the “TCJA Sunset”?
The “sunset” provision is a legal term for a clause in a law that states the law will automatically terminate on a specific date. The massive increase in the estate tax exemption under the TCJA was written as a temporary provision. That termination date is January 1, 2026.
On that date, the exemption amount automatically reverts, or “sunsets,” back to its pre-2017 level. This level was $5 million, adjusted for inflation. Experts project that the new, lower exemption in 2026 will be approximately $6.9 million to $7 million per person. This is a staggering reduction of nearly 50%. For families with assets in the $7 million to $27 million range, this is a direct and immediate threat.
Many people assume Congress will act to prevent this. This is a dangerous gamble. Given the current political climate and massive national debt, relying on last-minute legislative intervention is not a sound estate planning strategy. The law as written is clear: the exemption will be cut in half. You must plan based on this reality.
Why 2025 is the Critical Year for Action
The core of the strategy lies in a “use it or lose it” principle. The current, high $13.61 million exemption is available to every taxpayer throughout 2025. You can use this exemption by making large lifetime gifts to family members or, more strategically, to irrevocable trusts.
Gifts made in 2025 use up your current exemption. When the exemption drops in 2026, the IRS cannot “claw back” the gifts you already made. For example, if you make a $10 million gift to a trust in 2025, you use $10 million of your $13.61 million exemption. In 2026, when the exemption drops to $7 million, you have already secured that larger transfer tax-free. You have successfully moved $3 million *more* out of your estate than you would be able to starting in 2026.
This creates an urgent deadline. These strategies, especially setting up complex wills and trusts, take time. They require careful drafting, asset valuation, and funding. You cannot wait until December 2025. The planning process must begin now.
The IRS “Anti-Clawback” Rule: Your Green Light to Plan
A common question we receive is: “What if I make a large gift in 2025, and then die after 2026 when the exemption is lower? Will my estate be penalized?” This is a valid concern known as “clawback.”
Fortunately, the IRS has provided clarity. In 2019, the Treasury Department issued final regulations confirming there will be no “clawback” for gifts made during this high-exemption period. The regulations state that individuals who use their high exemption amount for lifetime gifts will not be harmed when the exemption amount decreases. Their estate tax calculation will be based on the higher exemption amount used for those gifts.
This ruling is a clear green light from the government. It essentially encourages taxpayers to use the high exemption now, providing certainty and removing the primary risk associated with large lifetime gifts. It solidifies 2025 as the key year to execute advanced estate planning strategies.
The New York “Double Whammy”: How NYS Law Complicates the Sunset
For residents of New York, the federal sunset is only half the story. New York has its own, separate estate tax system. This system operates differently from the federal one and creates a perilous “double whammy” for estates that are not carefully planned.
Understanding both federal and state tax systems is crucial. Relying on federal-only strategies can leave your estate vulnerable to a massive, unexpected tax bill from Albany. This is where guidance from a New York City-based attorney is invaluable.
Understanding the New York State Estate Tax Exemption
As of 2025, the New York State estate tax exemption is $6.94 million. This amount is significantly lower than the current federal exemption of $13.61 million. This means many New Yorkers who are not wealthy enough to owe federal estate tax *today* still owe New York estate tax.
For example, an estate worth $10 million in 2025 owes zero federal tax. However, it is well over the $6.94 million New York threshold. This triggers a substantial New York estate tax bill. This gap is a primary focus of New York estate planning.
The Notorious New York “Fiscal Cliff”
This is, without question, the most dangerous trap in New York’s estate tax law. Most tax systems are marginal. If you go over an exemption, you only pay tax on the amount *over* the exemption. New York is different.
New York has a “fiscal cliff.” If your taxable estate is more than 105% of the $6.94 million exemption (approximately $7.287 million), you do not just pay tax on the overage. Instead, you lose the *entire* exemption. The tax is calculated on your *entire* estate, from dollar one. A small difference in assets can lead to a massive tax bill.
Consider this:
- An estate worth $6.94 million owes $0 in NYS estate tax.
- An estate worth $7.3 million (just 5.2% over) falls off the cliff. It loses the exemption, and the entire $7.3 million is subject to tax, resulting in a bill of approximately $684,000.
This cliff makes precise planning and asset valuation absolutely critical for New Yorkers.
Portability: A Federal Perk New York Doesn’t Offer
At the federal level, married couples benefit from “portability.” This allows a surviving spouse to use any unused portion of the deceased spouse’s federal exemption (this is called the Deceased Spousal Unused Exclusion, or DSUEA). This is how a married couple can currently pass on over $27 million federally.
New York State does not recognize portability. The New York exemption is “use it or lose it” for each spouse. When the first spouse dies, if their assets pass directly to the surviving spouse (which is tax-free due to the marital deduction), their individual $6.94 million New York exemption is wasted. The surviving spouse is then left with only their *own* $6.94 million exemption, making it highly likely their combined estate will fall off the NYS cliff.
This is a major planning pitfall. We use specific trust strategies, like Credit Shelter Trusts (or Bypass Trusts), to ensure *both* spouses’ New York exemptions are used, protecting up to $13.88 million from state tax. This is a foundational strategy in NY trust planning.
New York’s 3-Year “Clawback” on Gifts
Here is another critical divergence from federal law. The federal government does not, as a general rule, add taxable gifts made during your life back into your estate (as long as you file a gift tax return). This is what makes lifetime gifting so powerful.
New York, however, has its own rule. While New York has no separate *gift tax*, it *does* “claw back” certain gifts made within three years of death. Any taxable gifts made within this three-year look-back period are added back into the value of your estate for purposes of calculating the New York estate tax. This rule is specifically designed to prevent “deathbed” gifts intended to drop an estate below the $6.94 million cliff.
This makes timing crucial. Gifts made in 2025 are only effective for New York tax purposes if the donor survives for three years. This adds yet another layer of urgency to begin planning immediately.
Who is Affected by the 2026 Sunset? (Hint: It’s Not Just Billionaires)
A common misconception is that estate taxes only affect the ultra-wealthy. The 2026 sunset will change this. It will pull thousands of “regular” successful New Yorkers into a complex and costly tax system. If your total assets are approaching or exceed $7 million, you are affected. If you are married and your combined assets exceed $7 million, you are affected.
Many people underestimate their “true” net worth. For estate tax purposes, your estate includes *everything* you own. This is a critical first step in planning your estate.
Calculating Your “True” Net Worth for Estate Tax Purposes
Your taxable estate is far more than just your bank account. An experienced family law and estate attorney can help you conduct a full inventory. This includes:
- Real Estate: The fair market value of your primary home (like a Brooklyn brownstone or Long Island home), vacation homes, and investment properties.
- Investments: Stocks, bonds, mutual funds, and brokerage accounts.
- Retirement Accounts: The full value of your 401(k)s, IRAs, and pensions.
- Life Insurance: The death benefit (not the cash value) of policies you own or control. This is a massive, often-overlooked asset.
- Business Interests: The valuation of your share in a private business, partnership, or LLC.
- Personal Property: Valuable art, jewelry, collectibles, and vehicles.
- Cash: Checking, savings, and money market accounts.
When you add all this up, millions of New Yorkers are far closer to the new $7 million threshold than they realize.
Case Study 1: The Manhattan Homeowner
Sarah is a 68-year-old widow living in Manhattan. Her apartment, which she bought decades ago, is now valued at $4.5 million. She has an investment portfolio worth $2.0 million and a 401(k) worth $1.5 million.
- Total Estate: $8.0 million.
- Today (2025): Sarah’s estate is below the $13.61M federal exemption (owes $0) but is over the $6.94M NYS exemption. She is already past the NY “cliff.” Her estate will owe approximately $772,000 in New York estate tax.
- After 2026: Her $8.0M estate is now over the new ~$7M federal exemption. Her estate will owe ~$400,000 in *federal* tax (40% on the $1M overage) PLUS the $772,000 in *New York* tax.
By doing nothing, her heirs will lose over $1.1 million to taxes. This could have been mitigated with proper estate planning, such as gifting or trust strategies.
Case Study 2: The Married Business Owner
David and Maria own a successful consulting business in Rochester, NY. Their combined assets are:
- Home: $1.5 million
- Business Valuation: $8.0 million
- Investments: $3.0 million
- Life Insurance (Combined): $2.0 million
- Total Estate: $14.5 million.
Today (2025): Their $14.5M estate is well below the $27.22M combined federal exemption. They feel safe. However, they have simple “I love you” wills. When David dies, everything goes to Maria. His $6.94M NYS exemption is wasted. When Maria dies years later with $14.5M, her estate is $7.56M *over* her single NYS exemption. She is far past the cliff. Her estate will owe a staggering $1.98 million in New York estate tax.
After 2026: The situation becomes a catastrophe. The combined federal exemption drops to ~$14M. Their $14.5M estate is now federally taxable. Without proper planning, their heirs will face *both* federal and state estate taxes, potentially wiping out over $2.3 million of their legacy. This entire tax bill could have been reduced or eliminated using Bypass Trusts and ILITs (Irrevocable Life Insurance Trusts).
Case Study 3: The “Comfortable” Retiree
John’s estate is $10 million. He thinks he is safe because he is below the *current* $13.61 million federal exemption. He is aware he has a New York tax problem but is less concerned about the federal change.
- Today (2025): His $10M estate owes $0 federal tax, but ~$1.04M in NYS tax (he’s over the cliff).
- After 2026: His $10M estate is now $3M over the new ~$7M federal exemption. He will owe 40% on that $3M, which is $1.2 million in federal tax.
His total tax bill has more than doubled from $1.04M to over $2.24M, simply because he “waited to see” what would happen. This is the cost of inaction. A consultation with an attorney in 2025 could have saved his heirs over a million dollars.
Proactive Strategies: How to Use the High Exemption in 2025
The 2026 sunset creates a clear mandate: “use it or lose it.” You must proactively move assets out of your taxable estate in 2025, using the $13.61 million exemption while it is still available. This is accomplished primarily through strategic, irrevocable gifting. These are not simple gifts; they are sophisticated legal structures that require expert guidance.
The team at Morgan Legal Group has 30 years of experience designing and implementing these advanced trusts for New Yorkers. We can help you determine which strategy is right for your family’s unique goals.
Strategy 1: Spousal Lifetime Access Trusts (SLATs)
A SLAT is one of the most popular and powerful tools in this environment. Here is how it works:
- You (the “Grantor” spouse) make a large gift to an irrevocable trust. This gift uses up a portion of your $13.61 million exemption.
- The beneficiary of this trust is your spouse.
- Your spouse (and potentially children or grandchildren) can receive distributions from the trust.
The result? You have moved millions of dollars out of your estate tax-free, but your spouse still has *indirect* access to those funds if needed. This provides a crucial safety net while achieving the tax-saving goal. For example, you gift $10 million to a SLAT. It’s out of your estate. But if your spouse needs money, the trustee can distribute it. This is a way to “have your cake and eat it too” in estate planning.
A “Non-Reciprocal” SLAT strategy can be used by married couples. Each spouse creates a SLAT for the other. This must be done with extreme care by a skilled attorney to avoid IRS challenges. When done correctly, a couple can move over $27 million out of their estate while both retaining indirect access. Schedule an appointment to discuss if this is right for you.
Strategy 2: Irrevocable Life Insurance Trusts (ILITs)
As mentioned earlier, life insurance death benefits are a major, often-forgotten component of a taxable estate. An ILIT is a simple, effective tool to solve this. An ILIT is an irrevocable trust created specifically to own your life insurance policy.
You transfer ownership of your policy to the trust (which may have gift tax implications) or the trust buys a new policy. You then make annual gifts to the trust, and the trustee uses that money to pay the policy premiums. When you pass away, the death benefit—often millions of dollars—is paid *to the trust*, not to your estate. It is completely free from both federal and New York estate tax. The proceeds can then be used by your heirs to pay any estate taxes due, buy assets from the estate, or simply provide for them, all tax-free. This is fundamental to NYC elder law and estate planning.
Strategy 3: Grantor Retained Annuity Trusts (GRATs)
A GRAT is an excellent tool for transferring high-growth assets (like tech stocks or a pre-IPO business interest) with minimal gift tax cost. It’s often called an “estate freeze” technique.
- You transfer an asset to a trust for a fixed term (e.g., 2-5 years).
- You “retain” the right to receive an annuity payment from the trust each year.
- At the end of the term, whatever is left in the trust (the “remainder”) passes to your beneficiaries (e.g., your children) tax-free.
The key is the math. The IRS assumes the trust assets will grow at a specific rate (the “7520 rate”). If your assets grow *faster* than that rate, all of that appreciation passes to your heirs completely free of gift and estate tax. It is a sophisticated strategy favored by many successful entrepreneurs and investors.
Strategy 4: Qualified Personal Residence Trusts (QPRTs)
For New Yorkers whose most valuable asset is their home, a QPRT can be a powerful solution. A QPRT allows you to transfer your primary residence or a vacation home to a trust, effectively removing its (often substantial) value from your estate.
You transfer the home to the trust and “retain” the right to live in it, rent-free, for a specified number of years. This transfer is a taxable gift, but its value is deeply discounted because of your retained right to live there. This uses very little of your estate tax exemption. If you survive the trust term, the home passes to your children. You can then rent the home from them, further transferring wealth tax-free. This is a cornerstone of advanced elder law planning.
Strategy 5: Charitable Trusts (CRATs and CRUTs)
For charitably-inclined individuals, philanthropic planning can align perfectly with tax planning. A Charitable Remainder Trust (CRT) allows you to transfer an asset to a trust, receive an income stream from it for life (or a term of years), and get a current income tax deduction. At the end of the term, the remainder passes to your chosen charity.
This strategy removes the asset from your estate, provides you with an income stream, and benefits a cause you care about. A Charitable Lead Trust (CLT) works in reverse, paying the “lead” interest to charity for a term before the remainder reverts to your family. Both are exceptional tools for reducing estate tax while magnifying your philanthropic impact.
Strategy 6: Direct Gifting and 529 Plans
Finally, do not overlook the simplest strategies. In 2025, you can give $18,000 to any number of individuals per year (the “annual exclusion”) without using any of your lifetime exemption. A married couple can give $36,000. This is a simple way to move wealth to children and grandchildren.
You can also “superfund” a 529 College Savings Plan. This allows you to make five years’ worth of annual exclusion gifts ($90,000 per donor, or $180,000 per couple) to a 529 plan for a beneficiary *at one time*. This is a fantastic way to remove a large sum from your estate while providing for a grandchild’s education, all while using zero lifetime exemption.
The Dangers of Inaction: What Happens If You Do Nothing?
Many people suffer from “planning paralysis.” The topic is complex, and the solutions seem abstract. The “wait and see” approach, however, is a decision in itself—a decision that could cost your family millions of dollars. The 2026 sunset is not a vague threat; it is a fixed deadline.
The “Wait and See” Approach: A Costly Gamble
Waiting to see if Congress changes the law is a gamble with your legacy. As we’ve established, the political will to extend a tax cut that benefits the wealthy is far from certain. By the time 2026 arrives, it will be too late. The high exemption will be gone forever. The planning opportunities available today in 2025—the ability to move $13.61 million tax-free—will vanish. Your estate will be subject to the new, lower exemption, and your heirs will be left to pay the bill.
This is especially true for New Yorkers. Not only will you lose the federal opportunity, but you will still be fully exposed to the New York “fiscal cliff.” The strategies that solve the New York problem (like Bypass Trusts and ILITs) are often the same ones that address the federal problem. Delaying puts your estate at risk from both a federal *and* state perspective.
Scenario: The $12 Million Estate in 2026
Let’s revisit an estate worth $12 million.
- If the owner acts in 2025: They can consult an attorney and move $5 million into a SLAT. Their taxable estate is reduced to $7 million.
- Federal Tax: $0 (estate is at the new $7M exemption).
- New York Tax: $0 (estate is just over the $6.94M exemption, but not the 105% cliff).
- Total Tax: $0.
- If the owner does nothing: They die in 2026 with a $12 million estate.
- Federal Tax: The estate is $5 million over the new $7M exemption. At a 40% tax rate, the federal tax is $2,000,000.
- New York Tax: The $12M estate is far over the $6.94M exemption *and* the 105% cliff. The total New York tax is $1,364,000.
- Total Tax: $3,364,000.
By failing to act, this family’s inheritance was reduced by over $3.3 million. This is the definition of a preventable catastrophe.
Forced Liquidation of Assets
Where does this $3.3 million tax bill come from? The IRS and New York State want cash, and they want it within nine months of death. If the estate’s assets are illiquid—like a family business, a Staten Island home, or a valuable art collection—your heirs will be forced to sell them. This often means a “fire sale,” where assets are sold quickly and below market value just to satisfy the tax authorities.
The legacy you intended to leave—the family business or the ancestral home—is liquidated to pay a tax bill that could have been avoided. This is a devastating outcome for any family. Proper estate planning ensures liquidity, often through ILITs, so that taxes can be paid without destroying the assets you worked a lifetime to build.
Family Conflict and Probate Delays
A lack of clear, tax-efficient planning is a primary driver of family conflict. When heirs are faced with a massive, unexpected tax bill, stress levels are high. They may disagree on which assets to sell. This can lead to bitter disputes, frozen assets, and costly litigation. The entire probate process can be extended for years as the family fights over a shrinking inheritance.
A well-drafted plan, created with an experienced attorney like Russel Morgan, prevents this. It provides a clear roadmap, names fiduciaries to make decisions, and uses legal structures to minimize taxes and bypass the probate court entirely. It is an investment in your family’s peace of mind.
Why You Need an Experienced NY Estate Planning Attorney *Now*
The 2026 sunset has transformed estate planning from a “someday” task into an urgent 2025 priority. This is not a do-it-yourself project. The interaction between federal tax law, New York’s unique estate tax, and the complexities of trust formation is one of the most sophisticated areas of law.
Attempting to use online forms or inexperienced counsel is a recipe for disaster. A poorly drafted SLAT can be invalidated by the IRS. A poorly funded ILIT can fail. A simple will that ignores New York’s “fiscal cliff” can cost your heirs millions. You need a specialist. You need a law firm with 30 years of proven experience in New York.
How Morgan Legal Group Analyzes Your Situation
Our process begins with a comprehensive review. When you schedule an appointment, we don’t just talk about a will. We conduct a deep dive into your entire financial picture:
- A full inventory of your assets and their current valuation.
- A review of your existing documents (wills, trusts, power of attorney, healthcare proxies).
- A detailed discussion of your family dynamics and legacy goals.
- An analysis of your federal *and* New York State tax exposure, today and after 2026.
Only after this analysis can we recommend a customized, effective strategy. We are not just document preparers; we are your strategic advisors.
Customizing Your Plan: One Size Does Not Fit All
Your neighbor’s plan will not work for you. A strategy that works for a business owner is different from one for a real estate investor. Morgan Legal Group excels at customizing solutions. We will explain the pros and cons of each tool—SLATs, GRATs, ILITs, QPRTs, Bypass Trusts—in plain English. We will model different scenarios for you. We will help you choose the combination of strategies that best protects your assets while matching your family’s specific needs, whether that involves guardianship for minor children or complex business succession.
Coordinating with Your Financial Team
Effective estate planning is a team sport. Your legal plan must be perfectly synchronized with your financial plan and tax strategy. The attorneys at Morgan Legal Group have decades of experience working in concert with New York’s top financial advisors, CPAs, and insurance professionals. We speak their language. We will lead your team to ensure every part of your financial life is working toward the same goal: protecting your legacy from taxes and ensuring a smooth transition of wealth.
The Cost of Planning vs. The Cost of Taxes
Clients sometimes hesitate at the cost of setting up advanced trusts. This is a matter of perspective. A comprehensive estate plan, even one involving sophisticated trusts, costs a very small fraction of the tax bill it is designed to save. As our case studies show, a $12 million estate can save over $3.3 million in taxes through proper planning. The legal fees for that plan would be a tiny percentage of that savings.
Investing in high-quality legal counsel in 2025 is not an expense. It is the single highest-return investment you can make in your family’s financial future. You can see our client-focused approach in our Google My Business reviews.
Frequently Asked Questions About the 2026 Sunset
This is a complex topic, and it is natural to have questions. Here are some of the most common ones we hear from our clients in Queens, the Bronx, and across New York.
Q1: Can’t I just wait? Won’t Congress stop the sunset from happening?
This is the most common and most dangerous question. While Congress *could* act, it is far from guaranteed. Relying on a deeply divided Congress to pass legislation extending tax cuts for the wealthy is an enormous gamble. The “default” setting, written into law, is that the exemption *will* be cut. Serious planners act based on the law as it exists today, not on hopeful speculation. The risk of inaction (millions in taxes) is far greater than the “risk” of planning (using an exemption you have today).
Q2: I’m married and my estate is $15 million. Doesn’t federal portability solve this?
Portability only solves *half* the problem, and only if you file correctly. Yes, you can use portability to combine your federal exemptions (which will be ~$14M after 2026). Your $15M estate might be safe federally. However, New York does not have portability. As we showed in our case study, without a Bypass Trust, the surviving spouse will be left with a $15M estate and only one $6.94M NYS exemption. This will trigger a massive New York tax bill of over $2 million. Federal-only planning is a disaster in New York.
Q3: Is it too late to start planning in late 2025?
It is not too late, but the window is closing very, very fast. Setting up complex trusts like SLATs or GRATs involves legal drafting, financial analysis, and potentially complex asset valuations (like for a business or real estate). You must then *fund* the trust, which means re-titling assets. This entire process can take weeks or even months. You cannot expect to call an attorney on December 15th and get this done. The time to start is now.
Q4: I already have a will and a living trust. Am I safe?
Almost certainly not. If your documents were drafted before 2020, they are dangerously outdated. They were likely drafted to deal with a *different* federal exemption and may not properly account for the New York “fiscal cliff” or the 2026 sunset. A standard “living trust” (a revocable trust) does *nothing* to save on estate taxes. Your plan *must* be reviewed immediately to see if it is still effective. Most older plans will fail under the new 2026 rules.
Q5: My assets are “only” $8 million. Am I really at risk?
Yes. You are at risk from two directions. First, you are already over the $6.94 million New York “fiscal cliff,” meaning your estate faces a significant NYS tax bill today. Second, after 2026, your $8M estate will be $1M *over* the new $7M federal exemption. You will be hit with *both* federal and state estate tax. An $8 million estate is precisely the kind of estate that will be hit hardest by the 2026 sunset.
Q6: What is the first step? I feel overwhelmed.
That feeling is normal. The first step is simple: schedule a consultation. You don’t need to have all the answers. Your job is not to be an expert in tax law. That’s our job. Your job is to take the first step. We will guide you through the entire process, starting with a simple conversation about your family, your assets, and your goals. We will make the complex simple and provide a clear, actionable path forward.
Your Legacy, Your Choice: The Clock is Ticking
The 2026 federal estate tax sunset is a seismic event in the world of wealth preservation. It represents the end of a “golden era” of high exemptions and the return of the estate tax as a serious threat to successful families. For New Yorkers, this federal change is layered on top of an already-punitive state tax system.
You have worked for 30, 40, or 50 years to build your legacy. You have saved, invested, and taken risks to provide for your family. The question before you is simple: will a significant portion of that legacy be taken by taxes, or will you take proactive, legal steps to protect it?
The strategies are proven. The legal authority is clear. The deadline is fixed. The choice is yours. 2025 is the year of action. Waiting until 2026 is not an option. It is a surrender.
Take the First Step: Contact Morgan Legal Group Today
Do not let this opportunity pass. The attorneys at Morgan Legal Group are ready to help you navigate this complex landscape. With 30 years of dedicated experience in New York estate planning, probate, and elder law, we have the expertise to secure your wealth and protect your family. We serve clients across New York, including Westchester, Suffolk County, and all five boroughs.
Contact us today to schedule your confidential consultation. Let us show you how to turn this tax threat into a successful wealth-transfer opportunity. The time to build your fortress is now, before the rules of the game change forever. Your legacy is worth it.
For more information on the federal estate tax code, you can review the U.S. Code directly at Cornell’s Legal Information Institute (26 U.S. Code § 2010).
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