New York’s estate tax cliff is a unique problem for wealthy New Yorkers, but understanding how to navigate its effects can make a significant difference in estate planning. Let’s break down the key points and considerations for implementing a “Santa clause” to mitigate the impact of the estate tax cliff. Understanding the Estate Tax Cliff […]

An Administrator d.b.n. (Administrator de bonis non with the will annexed) is a person or entity appointed to complete the administration of an estate when the previously appointed fiduciary (either an Executor or an Administrator) becomes unable or unwilling to continue before the estate's administration is finished. The term "de bonis non" literally translates to […]