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2016 Inflation Adjustments

Publisher: Day Pitney Estate Planning Update
December 16, 2015

For 2016, the annual exclusion amount for gifts remains at $14,000. The estate, gift and GST tax exemption amount for estates of decedents dying in 2016 and gifts made in 2016 is increased to $5.45 million. The annual exclusion amount for gifts made to a noncitizen spouse in 2016 is increased to $148,000.

The New York estate tax exemption, which applies to New York residents and those who own real property located in New York, is also subject to annual adjustment for the next several years. The New York estate tax exemption will increase to $4,187,500 for decedents dying on or after April 1, 2016, through March 31, 2017.

Download the December 2015 Estate Planning Update here
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Retroactive Tax Legislation and Gift Planning in 2021
March 25, 2021

Daniela P. Catrocho and Richard D. Sanders authored the article, "Retroactive Tax Legislation and Gift Planning in 2021," which was published in the New Jersey Law Journal.

Biden Campaign’s Proposal to Eliminate the Step-Up in Basis at Death
March 18, 2021

Kaitlyn Sapp authored the blog post, "Biden Campaign's Proposal to Eliminate the Step-Up in Basis at Death," for the Boston Bar Association Trust & Estates Section blog.

Boston Bar Association Trusts & Estates Section Mid-Year Review Webinar

On January 19, Heidi Seely and Christopher Voukides presented on the Boston Bar Association webinar, "Trust & Estates Mid-Year Review."

January 19, 2021
Estate Planning Update Winter 2020/2021 - Thank You, We Are Honored
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Day Pitney Estate Planning Update

Estate Planning Update Winter 2020/2021 - Day Pitney's Commitment to Diversity and Inclusion Continues
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Day Pitney Estate Planning Update

Business Notes: Day Pitney Merges with Howland Evangelista Kohlenberg
April 6, 2021

Day Pitney's announcement that it will expand its East Coast presence through a merger with Rhode Island-based firm Howland Evangelista Kohlenberg LLP was featured in the Palm Beach Daily News' Business Notes section.

Carried Interest Regs Leave Uncertainty On Family Managers
April 1, 2021

Senior Associate Justin M. Hannan and Partner Stephen Ziobrowski were quoted in the Law360 Tax Authority article, "Carried Interest Regs Leave Uncertainty On Family Managers."

Day Pitney’s Managing Partner Talks Growth Into RI, Beyond
March 29, 2021

Day Pitney Managing Partner Thomas D. Goldberg was featured in the Law360 Pulse article, "Day Pitney's Managing Partner Talks Growth Into RI, Beyond," regarding recent announcement of merger with Howland Evangelista Kohlenberg.

Day Pitney Acquires Rhode Island Firm in Bid to Better Service High-Net-Worth Clients
March 26, 2021

Day Pitney Managing Partner Thomas D. Goldberg was quoted in the Connecticut Law Tribune article, "Day Pitney Acquires Rhode Island Firm in Bid to Better Service High-Net-Worth Clients," regarding the firm's merger with Howland Evangelista Kohlenberg.

Day Pitney Expands Into Rhode Island: Merges With Howland Evangelista Kohlenberg
March 23, 2021

Day Pitney Press Release
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This website may use cookies, pixel tags and other passive tracking technologies, including Google Analytics, to improve functionality and performance. For more information, see our Privacy Policy. By using our website, you are consenting to our use of these tracking technologies. You can alter the configuration of your browser to refuse to accept cookies, but if you do so, it is possible that some areas of web sites that use cookies will not function properly when you view them. To learn more about how to delete and manage cookies, refer to the support instructions for each browser (e.g., see AllAboutCookies.org). You may locate Google Analytics' currently available opt-outs for the web here.