New York Tax Law Changes Affecting Estate Planning and Trusts

Thursday, November 5, 2015| 6:00 pm – 8:30 pm 

Glenn G. Fox

Baker & McKenzie LLP


  • This program will cover in depth the recent significant New York tax law changes affecting estate planning and trusts, and will include a panel discussion addressing how practitioners are advising their clients in its aftermath, also taking into account the massive changes in the federal estate tax landscape brought about by the American Taxpayer Relief Act of 2012. 

    Live Program: $229 Member | $329 Nonmember

  • Susan Taxin Baer
    Law Offices of Susan Taxin Baer

    Paul A. Ferrara                                                                                                            
    Managing Director
    Wealth Strategies Advisor
    U.S. Trust, Bank of America Private Wealth Management

    Michael I. Frankel  

    Carter Ledyard & Milburn LLP, Co-Chair Trusts and Estates Department

    Sharon L. Klein

    Managing Director of Family Offices Services & Wealth Strategies
    Wilmington Trust, N.A.

    Kevin Matz, Esq., CPA, LL.M. (Taxation)            
    Kevin Matz & Associates PLLC

    Anita S. Rosenbloom
    Stroock & Stroock & Lavan LLP

  • 6:00 – 6:05 pm Introduction 
    Sharon L. Klein
    6:05 – 6:20 pm                                                Overview

    • How New York after a decade and a half finally revamped its estate tax legislation
    • Advocacy efforts during 2015 to address shortcomings of the new legislation
      Paul A. Ferrara
    6:20 – 7:05 pm                                            

    The 2014 Tax Law, 2015 Amendments, and Unresolved Shortcomings and How They Affect Estate Planning & Trust

    • What the legislation accomplished:
      • Increased exemption and new tax rates
      • Calculation of the tax
        Susan Taxin Baer
      • Throwback and ING
        Kevin Matz
    • Shortcomings of the legislation:
      • Gift tax add back
      • Lack of QTIP election
      • Lack of portability
      • Cliff effect
        Sharon L. Klein, Kevin Matz and Susan Taxin Baer
    7:05 – 7:15 pm Break
    7:15 – 8:20 pm  

    How to Advise Clients in Light of the New York Tax Law Changes and Unresolved Shortcomings of the Law and Disconnect with Federal Law

    Panel Moderator: Kevin Matz 
    Panelists: Michael I. Frankel, Sharon L. Klein & Anita S. Rosenbloom

    8:20 – 8:30 pm

    Question/Answer Session

  • CLE Credit
    NY: 2.5 total: 2.0 skills & .5 professional practice
    NJ: 2.7 general
    CA: 2.5 general
    PA: 2.0 general
    NY CPE Credit: 2.5  in Taxation

  • Save on DVDs & CDs
    *DVDs: $229 Member/$329 Nonmember
    *CDs: $179 Member/$249 Nonmember
    *Materials Only (no CLE credit): $99 Member/$129 Nonmember
    * New York residents will be charged the New York sales tax for all audio visual purchases.

  • Coming Soon! 

  • Sponsoring Association Committee:
    Estate & Gift Taxation, Paul A. Ferrara, Chair
    Trusts, Estates & Surrogate’s Courts, John M. Olivieri, Chair

    Sponsorship Opportunities are Available! Please Contact:
    Ann Rappleye, Director, City Bar Center for CLE | (212) 382-6606 |