Hudson Valley
Estate Planning

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2025 Estate Tax Thresholds

With the turning of the calendar to 2025, it’s time to update the estate tax thresholds under New York State and federal law. In 2025:

• If your estate is larger than $7.518 million at your time of death, your entire estate will generally be subject to a New York State estate tax of 16%.
• If the value of the gifts you make during your life or upon your death exceed $13.99 million, your estate will generally be subject to a federal estate tax of 40%.

As real estate and 401(k) values have dramatically increased in recent years, more New Yorkers are in danger of passing an estate tax bill onto their children. Book your free consultation today to learn how you can avoid estate taxes.