James O. asked

⚖️  Law

Are other proceeds (cash) from the disposition of all assets (excluding a Home or IRA) taxable for Federal or NYS to beneficiaries residing in NYS?

March 19th, 2023

Christina L. answered

There is no inheritance tax in NYS. However, if the estate has an assessed value of more than $5.25 ...

March 19th, 2023

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