New York's estate tax cliff can tax an entire estate once it crosses the exemption by more than 5%. Here's how one Rochester couple, working with their O'Keefe Stevens advisor and estate attorney, rebalanced their plan with revocable trusts, a credit shelter trust, and an early gifting strategy.
If you work for yourself, a Traditional or Roth IRA alone usually won't replace your income in retirement. A SEP IRA lets self-employed individuals and business owners contribute up to $72,000 in 2026, with simple setup and a funding deadline that runs to your tax filing date.
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New York Estate Tax: What the “Cliff” Means for Rochester Families The New York estate tax has a quirk that […]
What Is a Fee-Only Financial Advisor? A Rochester, NY Guide If you’ve started comparing advisors, you’ve probably run into the […]
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