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October 1, 2016 / 28 Elul, 5776

Posts Tagged ‘gift’

Deep Mourning for Hesder Yeshiva Soldier Killed in Clash with Terrorists

Sunday, September 23rd, 2012

The religious town of Nof Ayalon became steeped in mourning on Friday, following the announcement of the tragic death of Cpl. Natanel Yahalomi, an Artillery Corp soldier killed in a fire exchange with terrorists at the Egyptian border.

Yahalomi, 20, who was recruited as a student of the Hesder yeshiva in Ma’alot last March, was buried Saturday night in the military cemetery in Modi’in.

His sister, Avital Yahalomi, told Channel 10 News that Natanel was scheduled to come home for the Sukkot holiday next week. “We’ve waited so much for this holiday. It was also our dad’s birthday. It hurts so much that the Creator of the world took him during the holiday season, of all times.”

She added that her brother was assigned to the artillery corps, but was fighting to be taken into a combat unit. He wanted to go into the infantry, to contribute as much as possible.”

Avital shared that “We knew Natanel was serving at a difficult area, but he wouldn’t tell us where exactly. He maintained secrecy, he was an exemplary soldier. We’re still in great shock.”

His father said over Natanel’s grave: “More than 20 years ago we had a baby. We picked the name Netanel (Hebrew: God-given) because we felt that God gave us a gift. We received a wonderful gift which we now return to the Creator of the world. We pray and beg that you will be the last of the fallen in the nation of Israel.”

The IDF Spokesman’s Office reported on Friday that Cpl. Natanel Yahalomi was killed and another soldier was moderately injured, as IDF forces prevented a large-scale terror attack on the Israeli-Egyptian border.

The terrorists opened fire on IDF soldiers as the soldiers performed routine activity to secure the construction of the fence along the Israel-Egypt border. At least one of the terrorists was armed with an explosive belt. The IDF force returned fire, and an additional IDF force patrolling nearby identified the three terrorists and also opened fire, killing all three.

IDF Spokesperson Brig. Gen. Yoav (Poly) Mordechai stated that initial findings show that the IDF force successfully prevented a large-scale attack on Israeli civilians. No terrorists managed to infiltrate into Israel.

The incident took place near the border fence in the Har Harif area. This is an area in which the construction of the fence has not been completed.

Jacob Edelist

Egypt and China Signing Deals and Building Ties

Saturday, September 1st, 2012

In the wake of Egyptian President Morsi’s recent visit to China, Morsi returns to Egypt with 8 partnership deals and a 71 million dollars gift to his government. The deals are in the fields of agriculture, environment, communications, tourism, as well as to import Chinese cars for the Egyptian police force.

One of the deals is for the purchase of security cameras. The cameras will be placed around Cairo, and specifically in Tahrir Square.

The camera deal replaces a deal that Egypt previously had with the US, signed with former Egpytian president Mubarak.

An Egyptian source said that it is believed that the American cameras allowed the US to spy on Egypt and see everything that was being filmed, while the new deal with China has a section in it explicitly prohibiting China from spying on them with these cameras.

Maybe the US cameras were connected to the Mossad sharks?

Jewish Press News Briefs

Box Of Chocolates

Wednesday, August 22nd, 2012

The other night, after having a truly bad day where nothing seemed to go right, I jokingly changed my Facebook status to “I have had one of those awful, miserable, terrible days! And there is NO chocolate in the house!”

I immediately received more than 10 responses, offering me sympathy and virtual chocolate. Despite the late hour, my next-door neighbor offered to let me come over to get whatever candy bars she had in her house. I love my online girl friends, but declined the candy bars. However, I enjoyed the sympathy – and ate that all up. But over the next few days, my craving for some real chocolate kept nagging at me.

Thursday rolled around and I was having another stressful day while doing my usual shopping in the local Trader Joe’s grocery store. I had a specific list with a specific cash budget. After loading my cart with the items on my list I made the horrible mistake (or perhaps a part of me intended to do this all along) of going past the store’s amazing chocolate candy section. At least six different containers of fancy chocolate-covered candies called to me, begging to be purchased, and somehow I was able to resist the urge. Though I lingered and salivated, I eventually forced myself to keep to my list and budget and move to the checkout lane. While waiting there, the invisible bubble above my head was working overtime.

I started thinking: “Maybe I should just run out of line and grab the chocolate caramels. After all, $3.99 won’t break the budget. I should have enough money … maybe if I put something else back. Or I can get the chocolate-covered pretzels; they’re less money … Oh, the chocolate-covered cashews sound so delish…” And so it went until, before I knew it, I was completely checked out and it was time to pay. I had spent so much time thinking that my window of opportunity to get any chocolate treat for myself was gone. So I came back to reality and paid the bill. And just as I was about to push my cart away, the cashier handed me a gift-wrapped box.

“These are for you,” she said cheerfully.

“What’s this?” I asked, confused.

“We’re giving out boxes of chocolates today. Enjoy.”

I almost got lightheaded from the shock of what she’d just said, considering what I’d just obsessed over just seconds ago.

“Wait,” I asked, “Why are you giving free chocolate to people?”

“We just are. It’s a goodwill promotion, so enjoy them. They’re really good.”

On the back of the gift-wrapped box was the information sticker with ingredients – and right there was a reliable kosher symbol. I could have cried with joy. Despite the fact that the cashier from Trader Joe’s just handed me the box, I knew from my very soul that God had just handed me this box of chocolate.

“Wow, this is so nice. I am really going to enjoy these [chocolates]. Thank you so much,” I gushed to the cashier. But my sentiments were intended more toward the Almighty!

Then I noticed that the cashier was looking at me in a strange way, and it dawned on me that I might be acting slightly goofy while fussing too long over the candy and lingering in her line, refusing to move on. So I took my spiritual box of chocolate and put it in my cart, and left thinking about how special this experience was. I drove home with a huge smile on my face, knowing that not only did I get a free box of candy but I also got a divine gift that let me know that ultimately I don’t have to post my true feelings on Facebook. I also knew that God is always listening to my heart and knows what’s going on with me. He is with me every step of the way, lending me sympathy and support – even when there is no chocolate in my house!

Shayna Hunt

Don’t Wait Until You’re 100 to Give Away Your Assets

Wednesday, July 11th, 2012

Recently, an eighty-year-old client shared some important news with me. He had just received an inheritance from his mother, who had passed away at the ripe old age of 100. His mother had been fabulously rich, but towards the end of her life she had slowed down, and therefore had little use for her money.

“As for me,” her son sighed, “I’m no spring chicken myself, and I don’t see myself needing so much of it either. But I sure could have used it when I was younger ….”

My client’s story is not that unusual. Many times, people may work hard to build up savings, but their loved ones only reap the benefits after the older generation has left this world. This doesn’t only apply to family members, either. How many times do you see on the sides of a large building a sign saying, “Built in the memory of …,” or read about the “John and Jane Doe Memorial Fund?” Do you ever wonder if the aforementioned John and Jane Doe look down from the Other World to see what is being done with their legacy? Or, how about a trust that isn’t being distributed exactly according to its founders’ wishes? Maybe they could have been involved in some of the projects, making even better use of their assets. Perhaps they would also have gotten greater joy out of it if they had lived to see these achievements for themselves.

At the same time, the amount of money that you can give away is always relative. Obviously, the more that you have, the more you can give, but you need to make sure that your own financial situation is secure so you don’t suffer as the result of over-generosity to your family or to various charitable causes.

How do you know how much to give?

First, consult with your financial adviser and determine your net worth. Together, consider how much money you need to be able to live a fairly comfortable life. Make sure to account for the unpredictable nature of life and the markets, and then consider gifting some of the excess.

Philanthropist Lewis Cullman said, “It’s better to give money away when you’re alive than to give it away in your will because what do you care what people say? When you’re dead, you won’t be around to hear it.” When I interviewed Mr. Cullman on the Goldstein on Gelt show, he told me that he once asked Warren Buffett why he didn’t give away even more money to charity (This followed an initiative when Warren Buffett and Bill Gates signed the Gates-Buffett Pledge promising to donate at least half of their wealth over time to charity, and invited other wealthy figures to join them). When I asked Mr. Cullman why fifty percent of Warren Buffett’s wealth wouldn’t be a good deal, he replied, “It’s a very good deal. But if you have $30 billion and you give half of it away, you’ve still got $15 billion and that’s a lot of money!”

If you want to watch your grandchildren or your favorite causes benefiting from your assets, consider meeting with your financial advisor and creating a financial plan to determine exactly how much you can gift. Get a free ebook to gain more inspiration to gift your funds by reading the thought-provoking interview with Lewis Cullman.

Doug Goldstein, CFP®

Crowning Miss Holocaust Survivor

Friday, July 6th, 2012

(((CLICK BELOW TO HEAR AUDIO)))

Yishai is joined by his wife and co-host Malkah to talk about a beauty pageant for survivors of the Holocaust that recently took place in Haifa. They specifically discuss the reaction that the event created throughout the media. At 11:16, they begin to discuss the recently-passed regarding the banning of ritual circumcision in Germany and how it compares to a new Israeli law encouraging new mothers to breast feed. The segment wraps up with Yishai and Malkah talking about their experience with the Israeli post office and amazing gift that the Fleishers received.

Yishai Fleisher on Twitter: @YishaiFleisher
Yishai on Facebook

Moshe Herman

Planned Polish Jewish History Museum to Receive $7 Million Grant

Sunday, July 1st, 2012

The Museum of the History of Polish Jews, which is set to open next year, will receive a $7 million grant from two Jewish philanthropic foundations.

The gift from the Koret and Taub Foundations will finance eight galleries that will take visitors through 1,000 years of Jewish history in Poland. The exhibits will include a scale replica of a 17th century synagogue roof’s interior and will feature original artifacts from the Polish Jewish community, as well as multimedia.

Work on the museum began in 2005. It is a joint project of the Association of the Jewish Historical Institute of Poland, the City of Warsaw and the Polish Ministry of Culture.

“Poland is where my parents and grandparents were born,” said Tad Taube, president of the Koret Foundation and chairman of the Taube Foundation, in the press release. “This is their story. Poland is where I was born. This also is my story.”

JTA

Three Reasons Why You Should Not Help Your Children Buy a Home or Apartment

Wednesday, June 27th, 2012

What is the greatest present that you can give your children when they get married?

In certain communities, the answer is, “an apartment.” Many parents take on second or third mortgages, sell their own homes, or bury themselves in debt to make sure that an apartment comes along with the trousseau. While they may not be looking forward to paying off huge debts at an age when most people are retired, they will probably sigh and tell you that these days, you can’t find a decent match for your child unless it includes an apartment as well.

But in fact, there are three reasons why buying an apartment can be detrimental for you and your children:

You can’t afford it

You may jeopardize your retirement. You have worked all your life to support your family, providing your children with an education and everything they need to grow into fine, responsible citizens. As you grow older, your children should move on to support themselves and the savings that you have put aside can be used for your golden years.

You need to be fair to your children –don’t give to one unless you can give the same amount to all. Buying an extra apartment can be costly. If you have more than one child, huge resentment can arise between them if only one of them got the free apartment.

Not everyone is doing it

Although the rumor mills may say “everyone buys the bride an apartment,” it is just not true. I have been a financial advisor both in New York and in Israel and I have seen what goes on firsthand. Some folks help, and some don’t. This is very much a matter of individual choice.

If your future in-laws pressure you, just say no. Tell them your financial planner advised against it. You do not need to be forced into putting yourself into heavy debt to pay for an additional apartment that you really can‘t afford.

Would you sell your daughter for camels?

If the parents of your child’s intended absolutely refuse to marry their child to yours unless you pay up, are you really interested in this match anyway? We live in the modern world where people marry based on mutual goals, dreams, and love. If the other side’s main priority is how much money you have (and are willing to spend on the wedding/apartment), rather than your child’s sterling personal qualities, the future may not shine so bright.

Rather than putting yourself into debt or spending your retirement savings, encourage the young couple to build their home and future together on their own two feet. Their teamwork building their own home (both physical and spiritual) will create more of an everlasting edifice than even the most luxurious apartment from you.

If you want to know more about when it’s wrong to gift to your children, read Gifting Money to Children – Right or Wrong.

Doug Goldstein, CFP®

Printed from: http://www.jewishpress.com/blogs/goldstein-on-gelt/three-reasons-why-you-should-not-help-your-children-buy-a-home-or-apartment/2012/06/27/

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