Estate and gift tax rules can be confusing. This article serves to provide some clarity to what can be overwhelming at best.

There is a federal gift tax and estate tax as well as a New York State estate tax. It is important to understand that estate tax and gift tax go hand in hand.

Move to your home in Israel or rent it out this summer!

A new Anglo group is forming in a fabulous state-of-the-art housing project in Mercaz Shapira. This spectacular housing project is a great opportunity for Americans to buy a house and enjoy suburban living in Israel. Mercaz Shapira is located between Ashkelon and Kiryat Malakhi in the southern district of Israel.

Recap: Libby and Avi meet his parents in the pizza store and break the news about Avi leaving medical school to go learn. His parents are upset and say they will no longer help them financially. 

NEW YORK NEWS

New York Governor Kathy Hochul was sworn in for her first elected term, making history as the first woman elected to the position in the state. Hochul initially took over after former Governor Andrew Cuomo resigned amid scandal. Hochul defeated challenger Lee Zeldin, former Congressman from Suffolk County, in the closest gubernatorial election New York has seen in decades. The Democrat, launching her term as the 57th governor of New York, said her goals were to increase public safety and to make the state more affordable, two pillars of the Zeldin campaign. “Right now, there are some fights we have to take on,” Hochul said after taking the oath of office at the Empire State Plaza Convention Center in Albany. “First, we must and will make our streets safer.”