Robert AdlerJun 19, 2022Deceased Spousal Unused Exclusion (DSUE) Amount -- PortabilityEstates of decedents dying on or after January 1, 2011, may elect to transfer any unused federal estate tax exclusion amounts to the...
Robert AdlerMay 6, 2022Report of Foreign Bank and Financial Accounts (FBAR)The Bank Secrecy Act requires taxpayers to report foreign bank accounts, brokerage accounts and mutual funds, to the Treasury Department....
Robert AdlerJan 16, 2022The Safekeeping of Wills in New York StateOriginal wills should be kept in a secure, fireproof location and your nominated executor should be informed of the documents’...
Robert AdlerDec 27, 2021Die without a will in New York? What happens?If you die without a will in New York, your property will go to your next-of-kin under New York state intestate succession laws. Who gets...
Robert AdlerDec 25, 2021Testate versus IntestateIf the individual who died (i.e., the "decedent") had a valid Will, the decedent is said to die testate. The executor named in the...
Robert AdlerSep 6, 2021Federal Estate Tax Exemption AmountsThe Federal Estate Tax is a tax on your right to transfer property at your death. It consists of an accounting of everything you own or...
Robert AdlerAug 10, 2021When Someone Dies in New York StateIn New York State, the Surrogate's Court decides what happens to a person's property when that person dies. The Judge in Surrogate's...
Robert AdlerAug 10, 2021Right of Election for the Surviving Spouse in New York ProbateRight of Election for the Surviving Spouse in New York Probate