Did you give (or get) a gift recently?

If you give a sizeable financial gift, who pays the tax? The donor or the recipient?
What are gift exclusions and how do they relate to couples?

In today?s Goldstein On Gelt interview, Doug speaks with futurist Martin Ford, New York Times best-selling author of “Rise of the Robots: Technology and the Threat of a Jobless Future.” Martin questions whether the rise of automation and increase use of robots means we need to fear for job security as well as economic security. He speaks about the limitation of computers, and the best way of investing in the financial markets in an automated world.

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Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm specializing in working with Americans living in Israel who have investment accounts in America. He is a licensed financial professional both in the U.S. and Israel. Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, FSI. Accounts held at Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. Neither Profile nor PRG gives tax or legal advice. Before immigrating to Israel, it is advisable to consult with a tax attorney who is knowledgeable about Israeli law. Contact at doug@profile-financial.com