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How Does New York State Gift Tax Work?

Gift taxes are a financial obligation imposed on a person’s right to transfer property to another person without receiving fair market value in return. Giving someone a gift that exceeds a specific value may require

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How To Apply for Medicaid on Long Island?

Medicaid is a federal and state program that helps people with limited income to afford their essential healthcare needs. Compared to Medicare, Medicaid also provides funding for nursing home care and personal care services. Medicaid

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What is Medicaid’s Estate Recovery Program?

After becoming incapacitated, older adults often require assistance in covering the high expenses of continued care.. The mounting bills can be daunting, and being approved for Medicaid can bring significant relief. However, it’s essential to

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