Morgan Legal Group logo
Pay Online

888- LAW 529 -1315

Facebook Twitter Youtube Linkedin Instagram
Video Conference Room
Morgan Legal Group logo

888- LAW 529 -1315

Pay Online
Video Conference Room
Facebook Twitter Youtube Linkedin Instagram
Morgan Legal Group logo
Video Conference Room

Blog & Publications

  • Home
  • Blog

Anticipated Reduction in Federal Estate Tax Exemption: The federal estate tax exemption is scheduled to decrease from approximately $13.99 million to around $7 million per individual after December 31, 2025. It’s crucial to explore strategies to utilize the current higher exemption before it reverts to lower levels.

As the federal estate tax exemption is expected to shrink drastically by 2026, individuals are urged to take advantage of the current higher limit to shield their assets. Explore strategies before time runs out.

Read More »
February 14, 2025

New York Estate Tax ‘Cliff’ and Planning Strategies: New York imposes an estate tax with a “cliff” effect, where exceeding the exemption amount by more than 5% results in taxation of the entire estate. Implementing planning techniques, such as charitable bequests or gifting strategies, can help mitigate this impact.

Navigating the New York Estate Tax ‘Cliff’ can be complex, but with strategic planning, the impact can be softened. By utilizing techniques like charitable bequests and gifting strategies, individuals can safeguard their estate from hefty taxation.

Read More »
February 13, 2025

About Our Firm

Our firm provides legal representation in all areas of immigration, consumer advocacy, debt collector harassment, corporate formations, business sales, bankruptcy, commercial litigation, and consumer and commercial real estate transactions. In addition, the Morgan Legal Group P.C. has represented individuals who the conduct of others and corporations has harmed.

Got a Problem? Consult With Us

Give us a call or schedule a virtual appointment.

888-LAW-1315

Practice Areas

Morgan Legal Group logo

Practice Area

All Locations

We are helping every of New York’s local cities and counties, including, without limitation: New York City, including New York County (Manhattan); Bronx County; Kings County (Brooklyn); Queens County, including Astoria, Bayside, Flushing, Forest Hills, Fresh Meadows, Kew Gardens, Long Island City, Middle Village, Queens Village, Rego Park, Ridgewood, Whitestone, Woodhaven, and Woodside; Richmond County (Staten Island); and Nassau County including Garden City, Great Neck, Levittown, New Hyde Park, Syosset, and Westbury; Suffolk County; and Westchester County including New Rochelle and Yonkers.

Attorney Advertising

Prior Results Do Not Guarantee A Similar Outcome.
Copyright © 2025 Morgan Legal Group

Privacy Policy | Estate Planning Attorney NYC

Follow Us

Facebook Twitter Youtube Linkedin Instagram
Book An Appointment