Wealth Transfer & Estate Tax Planning Guide | Rapps & Associates
Wealth Transfer

Strategic Wealth Transfer
& Estate Tax Planning

A practical guide for families, professionals, and business owners who want clarity on gifting, trusts, and estate tax planning — including New York’s estate tax cliff and 2026 key numbers.

$7.35MNY Estate Tax Threshold
16%Max NY Estate Tax Rate
5+Trust Strategies Covered

What You’ll Learn Inside

Inside This Guide

  • 01How the federal transfer tax system works (gift, estate, and GST tax)
  • 022026 key numbers: federal exclusion, annual gift exclusion, and NY exclusion
  • 03The New York estate tax cliff and why it catches families off guard
  • 04Key exclusions and deductions that do not use lifetime exemption
  • 05The real trade-offs in lifetime gifting
  • 06How GRATs, IDGTs, SLATs, dynasty trusts, and ILITs actually work
  • 07What implementation looks like in real life, not just in documents

Download the Wealth Transfer Planning Guide

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Have questions? Call us: 516‑342‑3756

Who This Guide Is For

  • Families approaching or above the NY estate tax threshold ($7.35M)
  • Business owners planning succession or intergenerational transfers
  • Professionals and executives with concentrated equity or stock options
  • Anyone who wants to understand the planning landscape before engaging an advisor

Wealth transfer planning works best when it starts early and evolves intentionally. This guide is designed to help you understand the landscape — so you can have more informed conversations with your planning team.

Rapps & Associates PLLC

Trusts & Estates · Financial Planning
Wealth Transfer · Tax Strategy

Contact

516‑342‑3756rappslaw.com

445 Central Ave, Suite 112
Cedarhurst, NY 11516

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