Legal Question in Wills and Trusts in New York

I am the executor of an estate that will be worth 1.1 to1.5 million dollars. What will the tax rate be on this estate?


Asked on 3/09/12, 1:19 pm

1 Answer from Attorneys
John O'Donnell Attorney at Law

If the estate is a New York Estate it will be subject to NY estate tax only. The tax rate will be based upon the amount over $1 million. A very, very rough estimate is about 8 to 12 %. If you require tax return preparation, or assistance in the administration of please feel free to contact me. I may be reached at (212) 786-7539.

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Answered on 3/09/12, 2:49 pm


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