Current Gift, Estate and GST Tax Issues
This memorandum addresses current gift, estate and GST Tax issues including: (1) tax-free distributions from IRAs to qualifying charitable organizations; (2) the federal gift tax annual exclusion; (3) the risk of increased state estate tax on estates; (4) the effective combined tax rate for New York residents; (5) disposal of decedent's remains; and (6) charitable gifts of fractional interests.