enough

that it will work.

allow you to think in the right places and look in the right places when you have an estate that might be subject to estate tax in some state.

We'll start with New York just because that's the largest state that has a state estate tax and it's a wealthy state.

In New York, the exclusion amount is $7,350,000.

But that exclusion amount is phased out between that level and 105% of that level, which is $7,717,500.

So at $7,717,500, you get no exclusion amount, and you pay a state tax of $734,780.

This makes it interesting.