Who Said Your Estate or Trust Wasn’t Taxable?

Think you only have to worry about federal taxes when developing an estate plan? Think again! Tim Ferges presents at the 2026 NYU Summer Tax Institute in New York City.  He will cover “State Death Taxes and Fiduciary Income Taxes: Who Said Your Estate or Trust Wasn’t Taxable?” While the Tax Cuts and Jobs Act of 2017 reduced federal transfer and income taxes for many individuals, state-level estate, inheritance, and income taxes remain critical planning considerations. Tim emphasizes that estate planners must account for how state tax laws—including the residency of trustees and beneficiaries—can affect trusts and wealth transfer.