Read Doug’s articles originally printed in The Jerusalem Post.
Profile Perspectives
Proper financial planning can change your relationship with money.
Avoiding Inheritance Hassles: The Importance of Cross-Border Financial Advisors
Sitting down with a new client, I encountered a common, rather disheartening tale of inheritance gone awry. The legacy that her father had carefully planned through a “transfer-on-death” (“TOD”) account with a U.S. brokerage firm seemed straightforward, but the reality of accessing the funds was very different…. Read more
3 Questions to Ask Your Cross-Border Financial Advisor
Navigating the world of cross-border finance can be complex, even more so when you’re looking for someone to guide you. Choosing the right financial advisors is crucial, as they not only manage your assets but also understand the unique challenges of cross-border investments. Here are three essential questions to ask a potential advisor:
1…. Read more
What to Do with Inherited Assets
The challenges of receiving a U.S. inheritance can be broadly categorized into two phases: the transfer of assets and management of these assets once received. Each phase comes with its own set of risks and hurdles to overcome. Last week we covered the inheritance transfer (call 02-624-2788 if you want a copy of the article);… Read more
Top 5 Challenges of Receiving a U.S. Inheritance in Israel
The challenges of receiving a U.S. inheritance can be broadly categorized into two phases: (1) the transfer of assets and (2) management of assets once received. Each phase comes with its own set of risks and hurdles…. Read more
#1 Investment Tip for Widows: Always Know What You Own and Why
In the realm of personal finance, understanding your investments is vital. For example, just because your late husband had specific preferences for his portfolio doesn’t necessarily mean you should follow suit. Here’s why:… Read more
Avoid This Common Estate Planning Mistake
A will or trust is critical to protect your estate after your passing, and to make a smooth transition of wealth to your intended heirs. That’s why it’s critical to keep it updated.
Take the story of Sarah: Her sister’s family lives in the Tel Aviv apartment her widowed father suggested should be sold upon his death…. Read more
The Best ROI Can’t Be Found on Your Brokerage Statements
In the past six months, my life has been filled with joy as I welcomed two new grandchildren, and eagerly await the stork’s next arrival, b’shaah tovah! These dividends are the best ROI, return on investment, of being a parent! As a CFP® and cross-border financial advisor, the new babies remind me of the importance of planning for the future and leaving a lasting legacy…. Read more
What Type of Millionaire Should You Be?
Do you dream of joining the ranks of the world’s millionaires? Whatever your ambitions, understanding the different types of millionaires is a key to success. From net-worth millionaires who’ve accrued their wealth through investments, to asset-value millionaires whose fortunes lie in tangible assets, to cash-flow millionaires who leverage the power of passive income,… Read more
Why I’m Not Afraid of Being Replaced by a Robo-Advisor or AI
I’m fascinated by AI tools and find my curiosity only heightens when I aim to incorporate them into my everyday life (full disclosure: this article is penned by a living, breathing human—not AI). Though Robo-advisors and Certified Financial Planners (CFP®) both strive to provide sound financial advice, there exists a vast contrast in their approach and overall capabilities…. Read more
Is a Mortgage the Best Way to Finance a Home?
Did you find the house of your dreams and now want to know what the best way to finance a home is? There are multiple options available and it can be difficult to determine which is the best one: should you take out a mortgage or liquidate investments and use that money?… Read more