Read Doug’s articles originally printed in The Jerusalem Post.
Profile Perspectives
Proper financial planning can change your relationship with money.
Balancing Family Needs in Estate Planning
Are you worried about securing your spouse’s future while also protecting your children’s inheritance? Balancing different family member’s needs is a common concern in estate planning, especially in blended families. Juggling the responsibilities of supporting your current spouse and children as well as children from previous marriages can feel overwhelming. Effective estate planning,… Read more
Reduce Your Tax Burden by Donating Appreciated Stock
Imagine this: You’re ready to donate money, but your wealth is stuck in stocks. This was the challenge for one of my clients during the war. He wanted to make a significant donation to help the soldiers, but his assets were stuck in investments that if he sold them,… Read more
How to Build Financial Goals Together as a Couple
Imagine you’re on a long road trip with a buddy. Both drivers need to agree on the destination, determine when they’ll make pit stops, and keep the car running smoothly. The same principle applies to managing your finances. You and your spouse need to agree on your goals, strategies, and tactics…. Read more
Simplifying Your Cross-Border Inheritance: A Beneficiary’s Guide
Imagine receiving a notification that you are named as a beneficiary in a will or trust from a relative abroad. Initially, it seems like a windfall, but what comes next? The intricacies of managing cross-border trusts can turn an expected gain into a complex financial headache. This issue is especially pronounced for heirs who are dual citizens and live outside of America. … Read more
Navigating the 10-Year Rule for Inherited IRAs
If you inherited an IRA account, take steps to avoid costly mistakes.
An Individual Retirement Account (IRA) allows money to grow tax-deferred in America, until the funds are withdrawn. When the account owner passes away and the IRA is inherited by a non-spouse beneficiary, the heir must take mandatory distributions, which are taxable…. Read more
Should You Keep Inherited Stocks or Sell Them and Reinvest?
Inheriting a stock portfolio presents a significant financial opportunity as well as a challenge. Should you keep the stocks you inherit, or sell them and replace them with investments that are more suitable to your financial goals and risk tolerance?
Many people hesitate to sell inherited assets due to emotional ties,… Read more
Adult Siblings Unite to Help Aging Parents
Are you and your siblings united by the need to manage your aging parents’ finances? As parents age, the transition of financial duties to their children can seem daunting, and many parents are reluctant to cede control. However, embracing this shift with respect and kindness can significantly stabilize future financial well-being and foster stronger family ties. … Read more
Stress Less: Transform Your Investment Approach Today
Do you often find yourself stressed about your investments? If so, you’re not alone. Many investors grapple with the anxiety of managing their portfolios. Consider strategies you can use to lower that stress.
Understanding Market Fluctuations
Investors who want to avoid stress frequently seek refuge in low-risk options like bank deposits,… Read more
How to Avoid Emotional Financial Mistakes
Have you ever felt a knot in your stomach when making a financial decision? Or perhaps an overwhelming sense of excitement? These reactions are more common than you might think. Unfortunately, they can also lead to costly money mistakes. Behavioral finance, a field that examines the psychology behind investment decisions, sheds light on why we make bad mistakes and how to avoid them. … Read more
Do You Want More Income from Your Investments?
Are you worried about outliving your money? You’re not alone. Many retirees face the daunting challenge of ensuring their savings can cover their retirement expenses. One investment tool that can help boost your income is the dividend ETF.
Understanding Dividends and ETFs
Exchange-Traded Funds (ETFs) are baskets of investments,… Read more