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NYEstate Tax

New York Estate Planning Drafting Software

New York has a cliff estate tax—estates exceeding 105% of the $6.94 million exemption are taxed on the entire estate. This unique structure requires careful planning for estates near the threshold. The elective share uses an augmented estate calculation.

Quick Facts

State Estate Tax
$6,940,000 exemption
Small Estate Threshold
$50,000
Property System
Common Law

Practice Snapshot for New York Attorneys

Estate planning in New York is shaped by common law property rules. These rules make titling and beneficiary designations core to many plans. The state estate tax exemption is $6,940,000. Small estate procedures are available for estates up to $50,000.

Local practitioners routinely navigate: State estate tax with $6.94 million exemption (cliff tax), Tax applies to entire estate if over 105% of exemption, Elective share for surviving spouse (augmented estate), and Surrogate's Court handles probate.

Common New York filings and forms include: New York Statutory Short Form Power of Attorney, New York Health Care Proxy, New York Living Will, and New York Estate Tax Return. Key New York statutory touchpoints include: New York Estate Tax (cliff structure), EPTL (Estates, Powers and Trusts Law), and Surrogate's Court Procedure Act.

Key Considerations for New York Attorneys

  • State estate tax with $6.94 million exemption (cliff tax)
  • Tax applies to entire estate if over 105% of exemption
  • Elective share for surviving spouse (augmented estate)
  • Surrogate's Court handles probate

New York-Specific Documents

State-specific drafting language and formatting aligned with New York statutes and local recording practices.

Core drafting set

  • Revocable living trust
  • Pour-over will
  • Durable power of attorney
  • Advance health care directive
  • HIPAA authorization
  • Deed templates aligned to local recording rules
  • Certification of trust

State forms and filings

  • New York Statutory Short Form Power of Attorney
  • New York Health Care Proxy
  • New York Living Will
  • New York Estate Tax Return

New York Estate Planning Laws

  • New York Estate Tax (cliff structure)
  • EPTL (Estates, Powers and Trusts Law)
  • Surrogate's Court Procedure Act

What Statular Offers New York Attorneys

Document Automation

Generate complete estate planning packages from a single interview—trusts, wills, POAs, and healthcare directives.

Client Questionnaires

Branded client portal with secure questionnaires that sync directly into your drafting interview.

80+ Document Types

Comprehensive library including trusts, wills, powers of attorney, deeds, and client materials.

Secure Cloud Storage

Enterprise-grade security with 256-bit encryption. All documents stored in your firm's secure vault.

Get Started

Join New York attorneys using Statular for estate planning document automation.

7 days free · No credit card

Core Documents

  • Revocable Living Trust
  • Pour-Over Will
  • Durable Power of Attorney
  • Advance Healthcare Directive
  • HIPAA Authorization
  • Grant Deed & Quitclaim Deed
  • Certification of Trust
  • Asset Schedules
View all 80+ documents

Pricing

Flexible monthly plans with no annual commitment required.

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New York Estate Planning Drafting Software for Attorneys | Statular