New York Estate Tax Financial Planning Strategies

Most New Yorkers will never need to worry about federal estate taxes, due in part to the 2025 federal estate tax exemption of $13.99 million per individual - or nearly $28 million for a married couple. However, high-net-worth and some mass affluent families should carefully consider estate planning strategies to address New York State’s estate tax, which applies to estates exceeding $7.16 million and includes several particularly punitive provisions.

Wealth Management, Financial PlanningDavid Flores Wilson, CFP®, CFA, CEPA®July 7, 2025Sincerus AdvisoryNYC CFP, NYC entrepreneurs, NYC financial planning for business owners and founders, NYC estate tax planning, NYC fee only CFP, New York City fee only certified financial planner (CFP), NYC financial planning, exit planning for NYC entrepreneuers, NYC Business Owners

Why Business Owners Need Exit Planning

Exit planning for business owners, when started early, significantly enhances business value and ensures personal and financial goals are met. By addressing potential issues and thoroughly preparing, owners can achieve a successful and fulfilling transition, maximizing the benefits of their hard-earned legacy.

Entrepreneurs, Wealth ManagementDavid Flores Wilson, CFP®, CFA, CEPA®May 26, 2024Financial planning for business owners, financial planning, NYC entrepreneurs, NYC Business Owners, NYC fee only CFP

Structures to Consider Before You Sell Your Business

By familiarizing themselves with the range of financial planning and tax strategies, entrepreneurs and business owners can significantly enhance their chance of success in a business sale.