Learn about legislative developments in 2017 for the state of New York, including an overview of new legislation, important regulatory guidance, and instructive case law, including:
- Why new decanting case has far-reaching implications.
- How loss of SALT deductions heightens the importance of state income tax planning
- Why estate planning documents need to be reviewed in light of new tax laws.
This article reprint was recently published in the New York Law Journal Special Trusts & Estates section and includes the author’s picks of the top ten 2017 developments affecting those in New York and nonresidents who own property in New York, and many developments also frame issues and lessons that are equally applicable across the country.
Please see important disclosures at the end of the article.Download Article