Publications 17 Dec. 2019

Partner Michael S. Schwartz Co-Authors Article on Federal and New York Income Tax Changes Impacting Estates and Trusts

Private Client and Trusts and Estates Partner Michael S. Schwartz co-authored an article on certain Federal and New York State income tax changes impacting estates and trusts, and associated strategies and considerations in light of those changes, for the Fall 2019 Issue of the New York State Bar Association Trusts and Estates Law Section Journal.

The article explores these changes in the tax laws, and also re-examines the way that certain expenses (specifically “bundled” fees, such as fiduciary commissions, legal fees and accounting fees) can be treated in the most tax efficient manner in light of the recent Federal and New York State changes.