Moving to Israel

This blog was originally published by Hait Family Law. No two divorces are the same from a financial perspective. When it comes to US persons living overseas, the domicile of the divorcing couple (i.e. likely future ex-couple), leads to extra layers of complexity. We assume for the purposes of this article that the divorcing couple […]

We will take a deeper look at the top financial questions posed to us in past webinars. We will cover the most perplexing US expat questions pertaining to taxation, estate planning, Social Security, Medicare, Aliyah finances and more. 5785 reasons to attend – (here are some key items that came up on previous webinars)  And

Navigating cross border taxation as an expat living abroad can be confusing and challenging while one is alive.  It can be even more so for heirs after death! In this blog we are going to discuss why you may need a tax transfer certificate if you are a US expat. Before we get started, we’ve

Like many US expats living overseas who qualify for Social Security benefits, many questions arise, especially when a non-citizen spouse is involved in the picture. So is your non-US spouse eligible for spousal benefits? In most cases, the answer is yes; but the requirements are complicated and they change depending on which country you may

Estate planning for US citizens living in Israel can be a complex endeavor, especially for persons who made Aliyah as adults, and who have significant assets still in the US, including property and trusts.

If you spend part of your time both in Israel and the US, whether as an expat or a digital nomad of the post Covid economy, it can be difficult to ascertain whether you are a resident of Israel or not. So, how do you know if you are an Israeli resident and liable for

In this webinar with Social Security expert Tom Clark, we will cover the most pressing questions that a US expat would have about Social Security, such as: Date: Tuesday, May 28th Time: 7 PM Israel, 12 PM Eastern time Speakers: Tom Clark, Social Security speaker and consultant Norman H. Chait, CFA – Managing Principal, Nardis

Retirement and taxes for US persons in Israel can indeed be a complex endeavor, especially if the retirement assets (e.g. IRA and 401k) are in the US. This webinar will focus on the key issues in preparing for your retirement, specifically taxation and financial planning. We will also touch briefly on Social Security and inheritance

Estate planning can be a complicated endeavor, especially as a US expat living in Israel. There are three important Israeli documents: Even with these three documents in order, certain challenges may arise in elder care planning involving assets in both Israel and the US. Working with specialized financial and legal professionals who are knowledgeable in

As 2023 is ending, it’s more important than ever to start your year-end tax planning. One may consider several strategies to reduce one’s taxes. These may include: We will focus today on this last category, which deals with how to offset tax losses with tax gains and vice versa. At the end, we will discuss

For US tax payers in Israel, (or people whose tax preparers are resident in Israel), the IRS has just released a note delaying certain federal tax filings to October 7, 2024. The list of tax filings included in the IRS release is summarized below. Please refer to the original release for details. This does not relate to

We recently hosted a webinar on Estate Planning for the US Citizen living in Israel, with special guest speakers Mirit Hoffman, esq. and Osher Haleli, esq. The webinar shed some light on the complexities for US citizens living in Israel as they navigate the estate planning process across international borders. In this blog post, we

Good news! Change number 237 of the Secure 2.0 Act was just announced. This latest change involves changes to how 401K catch up contributions for people over 50 earning more than $145,000 are treated. The SECURE Act changed everything Before the passage of the new Secure Act last year, employees over 50 with a 401K

Moving to a new country brings with it a host of decisions. You’re constantly in new situations and there are many factors to take into account. Here are some mistakes expats make upon arriving in their new country of residence.  But first, we’ve written these blogs about moving to and living in Israel which you

Relocating to sunny Tel-Aviv has become an attractive option for young professionals both of Jewish and non-Jewish faith in the last few years, especially now that Covid has turned a lot of jobs remote. And what isn’t there to love? Gorgeous beaches, great food and a bustling nightlife scene only encapsulates a fraction of what

Preparing for your up and coming move to Israel? Don’t forget about your taxes! In this blog, we’ll cover the basics of taxation of US expats who are relocating to Israel. But first, we’ve written these blogs about moving to and living in Israel which you may enjoy. Can one use a US Power of

Let’s face it, no one likes being kicked out the club or the popular group.  Whether it was the cool kids lunch table or the popular country club, no one is a fan of being excluded.  One area where it is starting to happen more and more is for US expats living abroad who are

When it comes to US expats living overseas, there can be an extra layer of complexity involved with the transfer of assets.  When someone passes away, it is not always easy for a US citizen or even a non-US citizen living overseas to pass along their assets they own that are located in the US.