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Educational content only. Not legal, financial, tax, or medical advice. Plan Your Passing is not a law firm and no attorney-client relationship is created here. Estate, probate, tax, and inheritance laws differ by country, state, and county. You are responsible for confirming what applies to you. Always consult a licensed attorney in your jurisdiction before acting on anything you read or generate on this site.

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NY · New York County (Manhattan) · Family estate-planning guide

Estate planning in New York, NY

5 boroughs, 62 counties, one Surrogate's Court system — and family estate work that often crosses jurisdictions.

Why this matters in New York

The local angle

New York Surrogate's Court is one of the most efficient probate systems in the country if you have the right documents — and one of the slowest if you don't. The state's $6.94M estate tax exemption (much lower than the federal $13.6M) means more NYC families face state tax than they realize. Real-estate-heavy estates are the norm, not the exception.

Local nuance

Surrogate's Courts vary in practice from Manhattan to Bronx to Brooklyn. Where the decedent lived (their domicile) determines which court — and that can shift outcomes if the family is spread across boroughs.

Top concerns for New York families

  • Co-op vs condo inheritance (different transfer rules)
  • Multi-state property when a parent owns a Florida second home
  • $6.94M state estate tax exemption (lower than federal)
  • Trust-vs-will calculus on Manhattan real estate

New York state law

At a glance

New York estate work is governed by New York state law. Here's what every family should know.

Probate timeline
6–24 months (longer in NYC Surrogate's Court)

3–5% of estate value typical

Small estate
Under $50,000

Small estate proceeding (SCPA Article 13)

Estate / inheritance tax
Estate tax: $6.94M (2024)

No inheritance tax

Spousal rights

Elective share: greater of $50,000 or 1/3 of net estate (EPTL §5-1.1)

Common pitfalls

  • NYC Surrogate's Court is notoriously slow (12+ months common)
  • Estate tax 'cliff': estates 5%+ over threshold lose entire exemption
  • Real estate in multiple boroughs may have complex titling

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