New Yorkers reach out to us with the same concerns before every first meeting. Here are the honest answers, followed by how to connect with Russel Morgan, Esq.
What New Yorkers Ask Before Calling
“Do I really need all four documents?”
Yes. A complete New York estate plan coordinates a will (EPTL §3-2.1), one or more trusts (EPTL Article 7), a durable power of attorney (GOL §5-1513), and a health care proxy (NY Public Health Law Art. 29-C). Each fills a gap the others leave open.
“I’ve heard there’s a tax ‘cliff’ in New York — what is it?”
The 2026 New York basic exclusion is $7,350,000. Estates exceeding 105% of that threshold ($7,717,500) lose the entire exemption and are taxed from the first dollar at rates up to 16%. Strategic trust planning and the NY estate tax guide explain how to stay below the cliff.
“My family is in Nassau but my sister is in Albany — can you help both of us?”
Morgan Legal Group serves clients across New York State — from New York City and Long Island through Westchester, the Hudson Valley, and Upstate.
Schedule a Consultation
Book a 30-minute call with Russel Morgan, Esq.
Further reading from Morgan Legal Group: the New York estate planning guide.