Forbes Contributions

service dog

You Can Deduct Pet-Related Expenses On Your Tax Return (Sometimes)

April 10, 2018
The recently signed Tax Cuts and Jobs Act brought many changes to the tax laws.  Unfortunately, to the chagrin of many, your…
The Charitable Mindset

The Charitable Mindset: When To Start Educating Your Children

April 5, 2018
The financial landscape is replete with the “how” of charitable giving.  That is, how one can maximize income tax benefits, the selection…
The Real Cost Of Not Selling An "Underwater" House

The Real Cost Of Not Selling An “Underwater” House

March 29, 2018
As is probably true with all financial planners, I’ve had countless discussions with clients who refuse to sell an asset they no…
7 Reasons To Revisit Your Estate Plan, Trump Tax Law Aside

7 Reasons To Revisit Your Estate Plan, Trump Tax Law Aside

March 15, 2018
The recently passed “Tax Cuts and Jobs Act” (TCJA) contains a major change to the Federal estate tax laws – the doubling…

Divorce: Investing Your Financial Settlement

February 21, 2018
From a financial perspective, not much good comes from a divorce. Invariably, two households need to be supported from the same pool…
flying lessons Clarfeld Financial Advisor Forbes

Want To Better Manage Your Business? Take Flying Lessons

February 16, 2018
Running a business successfully is difficult.  You should consider taking up flying for fun, and as a means of sharpening your business skills.…
Clarfeld Financial Advisor Forbes Contributions

Do Target Date Funds Make Sense? Undoubtedly Maybe

January 23, 2018
Although “set it and forget it” might work in the kitchen, that mentality may not be appropriate for managing your retirement account…
Clarfeld Financial Advisor Forbes Contributions

You Can Greatly Increase Gifts To Kids – But Should You?

January 5, 2018
Given the magnitude of temporary change in the federal lifetime credit and the dynamic political landscape, giving to kids may need a…
Clarfeld Financial Advisor Forbes Contributions

Worried About Equities? Avoid Your Single Worst Possible Mistake

December 29, 2017
When the inevitable market correction occurs, avoid the impetus to run into cash or you will miss out on the eventual rebound.…
Clarfeld Financial investment management

Is Your Investment Manager In The Closet?

December 20, 2017
Higher prices does not always equate with quality is a general axiom in life, which has definite merit as an axiom when…
divorce Clarfeld Financial Advisor Forbes Contributions

Considering Divorcing? This Is Your Single Most Important Decision

November 28, 2017
No divorce team should be considered complete without the inclusion and insights of a financial advisor experienced in complex financial matrimonial matters.…
Market - Clarfeld Financial Advisor Forbes Contributions

Is Anything Not “Baked In” To The Markets?

November 9, 2017
In a world of increased news flow and social media, how quickly is economic and geopolitical news reflected in equity market valuations.…
Clarfeld Financial Advisor Forbes Contributions

Don’t Let Cyber Thugs Keep You From Digitizing Key Documents

October 18, 2017
Cyber-security should not be a barrier to developing a customized plan to consolidate, organize, archive and digitize your own personal financial files.…
Clarfeld Financial Advisor Forbes Contributions

Protect Your Children From Themselves With A Spendthrift Trust

October 4, 2017
Sudden wealth, without financial aptitude, instilled family goals and overarching family governance generational plan often ends badly. Consider Spendthrift Trusts for additional…
Clarfeld Financial Advisor Forbes Contributions

Can You Write Off Hurricane Damage?

September 8, 2017
Don’t miss the opportunity to claim a casualty loss when nature’s wrath strikes and you are left with a sudden and unexpected…
Clarfeld Financial Advisor Forbes Contributions

North Korea Making You Tense? How About Hurricane Harvey? Your Portfolio Will Survive

August 28, 2017
Historical records demonstrate that the effect geopolitical events have on the investing landscape and the market typically tend to be relatively short-lived.…
Clarfeld Financial Advisor Forbes Contributions

Funding Education? Consider A Trust Instead of A 529 Plan

August 22, 2017
Trusts offer those with potential estate tax issues, a more advantageous approach for funding future educational costs than 529 Plans, while reducing…

Don’t Let Your Kids Squander Your Wealth – Start Talking To Them

August 7, 2017
Although generational discussions around family wealth and future inheritances remain taboo, lack of financial discussions often lead to anxiety, confusion, mistakes and…
Clarfeld Financial Advisor Forbes Contributions

Game of Equities: Why International Will Assume the Throne

July 19, 2017
Is the domineering run of US equities finally approaching its end as the best relative performer? Is there a case for international…
Clarfeld Financial Advisor Forbes Contributions

Hedge Your Investment Gains Now Before The Tax Reform Debate

July 10, 2017
Impending tax reform has made the coordination of one’s investment portfolio and overall tax position more nuanced than ever. Is it time…

Be Considerate To Your Family And Clean Out Your Files

June 14, 2017
Consolidating, organizing, archiving and digitizing your personal paper life now will reduce the strain on your family and professionals down the road.…
Clarfeld Financial Advisor Forbes Contributions

Need More Income: Seek Total Return

June 1, 2017
A balanced portfolio designed to maximize total return, within given risk parameters, may optimizes one’s ability to support lifestyle while maintaining future…
Clarfeld Financial Advisor Forbes Contributions

Estate Planning: Your Letter of Final Wishes

May 18, 2017
Often times your family may need useful information not found in your will when settling your estate. A Letter of Final Wishes…
Clarfeld Financial Advisor Forbes Contributions

Why Robo-Advisors Don’t Worry Me

May 5, 2017
In a market ripe with uncertainty, Robo-Advisors offer a login and password rather than someone with intimate knowledge of your financial history…
Clarfeld Financial Advisor Forbes Contributions

Calculating Your ‘Magic Number’ – A Fool’s Errand

April 17, 2017
Trying to quantify your financial future into a single “magic” number is far too simplistic an approach for such a complex subject.…
Clarfeld Financial Advisor Forbes Contributions

8 Down-To-The-Wire Tax Tips

April 11, 2017
Some last minute tax season filing tips never get old and remain important to consider regardless of the status of the current…

Estate Planning: Include Your Pets!

March 30, 2017
Believe it or not, your pets and their care should be considered and incorporated when drafting and implementing your estate plan and…
Clarfeld Financial Advisor Forbes Contributions

To Avoid NY Statutory Residency Traps: Go By The Rules, Not ‘Common Sense’

March 16, 2017
Many states have complex rules and tests for determining tax residence for income tax purposes that are critical to understand and plan…
Clarfeld Financial Advisor Forbes Contributions

Will ‘Financial Neurosis’ Destroy Your Retirement Dreams?

February 21, 2017
Financial planning and decisions based on financial circumstances of a prior stage in life rather than current circumstances, often retirement, has significant…
Clarfeld Financial Advisor Forbes Contributions

Seven Indicators You Should Upgrade To A Family Office

January 24, 2017
A family office is often the key to ensuring the continuity of your financial values and the passing of your assets to…
Clarfeld Financial Advisor Forbes Contributions

Winning Under Trump With Active Management

January 11, 2017
While financial insights from social media are not new, a president frequently tweeting adds a new dimension to investing that lends itself…
Clarfeld Financial Advisor Forbes Contributions

Donald Trump’s Random Walk Down Wall Tweet

December 19, 2016
One person’s off-the-cuff tweets and spontaneous remarks have shown how quickly the markets can be dramatically swayed and the Street is taking…
Clarfeld Financial Advisor Forbes Contributions

Five Reasons You Need A Will (Even If The Estate Tax Is Repealed)!

December 8, 2016
A properly drafted will communicates important intentions ranging from raising one’s children to distribution of everything one owns, so why doesn’t everyone…
Clarfeld Financial Advisor Forbes Contributions

Post-Election Interest Rates: The Journey Begins…

November 30, 2016
The disruption in bond markets due to the post-election interest rate environment has created compelling investment opportunities within sectors of fixed income.…