Jonathan On Money

Join Jonathan I. Shenkman, President and Chief Investment Officer of ParkBridge Wealth Management, this week as he discusses a variety of timely investing and financial planning topics, including: ***Upcoming Live FALL Webinar: Thursday, October 22nd @ 8:30am featuring Matthew Rappaport from Falcon Rappaport & Berkman based in Long Island, New York and he will be speaking on “Tax Issue Spotting for Non-Tax Lawyers.” RSVP here: https://us02web.zoom.us/webinar/register/WN_LRv_-3m1TR6Q4HV58rL-wQ Talking points: The Power of ConsistencyThis week’s quote is from Anthony Bourdain on moving.What is a prudent financial approach to obtaining a car? Leasing, buying, or something else?My client can contribute $5,780 to IRAs and save $1,230 in taxes. Is there any merit in skipping the contribution because future withdrawals will be taxed at ordinary income rates instead of potentially lower capital gains rates?If timing the market is unwise and diversification is good, is there any place for individual stocks in the average investor’s portfolio, or should everything go into dollar‑cost‑averaged index funds?I was invited to a WhatsApp group focused on investing in African markets. Since this is considered a new frontier, will I find real opportunities there?I am 51 years old, won a large settlement, and already max out retirement accounts. What should I do with the proceeds?Timely Planning Idea: strategies for RMD season.***My FIRST book:D is for Diversification: The ABCs of Personal Finance available on Amazon or at www.JonathanOnMoney.com*** Stay connected:1) Questions? Comments? Reach out to [email protected]) Signup for my monthly NEWSLETTER here: https://www.ParkBridgeWealth.com/newsletter 3) Get notified of upcoming LIVE webinars: https://www.parkbridgewealth.com/webinars 4) WATCH my daily financial planning videos @JonathanOnMoney: Instagram | X | YouTube | LinkedIn Hosted on Acast. See acast.com/privacy for more information.

Join Jonathan I. Shenkman, President & CIO of ParkBridge Wealth Management, as he goes “IN FOCUS” to explore more advanced wealth planning topics. This week, we go IN FOCUS where we explore more advanced wealth planning topics. Today, we are joined by Bruce Steiner from Kleinberg, Kaplan, Wolff & Cohen, P.C. based in New York City. Bruce will be discussing “Planning for State Estate Taxes.”By way of background, twelve states and the District of Columbia have state estate taxes. However, there are various differences among them, including the exemption or exclusion amounts, the tax rates, whether and when they allow a separate QTIP or alternate valuation election, how they treat lifetime gifts, and whether the exclusion amount is phased out or whether they have a true exemption. This episode will discuss how the state estate tax works in different states, and how to plan for the state estate tax in these states, with particular focus on New York.***UPCOMING LIVE FALL WEBINAR: My next webinar is Thursday, October 22nd @ 8:30am on “Tax Issue Spotting for Non-Tax Lawyers” featuring, Matthew E. Rappaport, Esq., Vice Managing Partner, Falcon Rappaport & Berkman LLP based in Long Island, NY. I’ll include the registration link in the show notes to this episode. You can register here: https://us02web.zoom.us/webinar/register/WN_YQgfkMY9QXSj5NTRJMPfYg*** M latest book, “D is for Diversification: The ABCs of Personal Finance” is now available on Amazon or at www.JonathanOnMoney.com. It is a great way to support these podcasts.Stay connected:1) Questions? Comments? Media Inquiries? Reach out to [email protected]) Signup for my monthly NEWSLETTER here: https://www.ParkBridgeWealth.com/newsletter3) Get notified of upcoming LIVE webinars: https://www.parkbridgewealth.com/webinars 4) Click to follow/connect: Instagram | X | YouTube | LinkedIn | Blog Hosted on Acast. See acast.com/privacy for more information.

Join Jonathan I. Shenkman, President and Chief Investment Officer of ParkBridge Wealth Management, this week as he discusses a variety of timely investing and financial planning topics, including: ***Upcoming Live FALL Webinar: Thursday, October 22nd @ 8:30am featuring Matthew Rappaport from Falcon Rappaport & Berkman based in Long Island, New York and he will be speaking on “Tax Issue Spotting for Non-Tax Lawyers.” RSVP here: https://us02web.zoom.us/webinar/register/WN_LRv_-3m1TR6Q4HV58rL-wQ Talking points: Return on Hassle: Save on Taxes or Minimize Headaches?This week’s quote is from The Talmud on taking too much.How should we give money to our minor grandchildren — through a trust, a 529 plan, a UTMA/UGMA account, or by gifting funds to their parents for the children’s benefit?What financial guidance applies to someone in their 20s who is single, living at home, and wants to maximize this stage of low expenses and high flexibility?Why can’t an IRA be moved into a revocable trust, and how should IRAs be handled when using trusts for estate planning?When does a Roth IRA conversion not make sense, and what factors should be considered before doing one?Timely Planning Idea: Your retirement move may cost more than you think.***My FIRST book: D is for Diversification: The ABCs of Personal Finance available on Amazon or at www.JonathanOnMoney.com*** Stay connected:1) Questions? Comments? Reach out to [email protected]) Signup for my monthly NEWSLETTER here: https://www.ParkBridgeWealth.com/newsletter 3) Get notified of upcoming LIVE webinars: https://www.parkbridgewealth.com/webinars 4) WATCH my daily financial planning videos @JonathanOnMoney: Instagram | X | YouTube | LinkedIn Hosted on Acast. See acast.com/privacy for more information.

Join Jonathan I. Shenkman, President & CIO of ParkBridge Wealth Management, as he goes “IN FOCUS” to explore more advanced wealth planning topics. This week, we go IN FOCUS where we explore more advanced wealth planning topics.Today, we are joined by Avi Z. Kestenbaum from Meltzer, Lippe, Goldstein & Breitstone, LLP based in Long Island, NY. Avi will be discussing “The Most Important and Overlooked Estate Planning Questions That AI Does Not Properly Address.” By way of background, this program will address • How to structure trust distribution standards •Choosing the right trustees and executors •Avoiding common planning mistakes •Determining appropriate fiduciary compensation •Evaluating when corporate, out‑of‑state, or foreign trusts make sense. •Optimal ages for beneficiary control •Selecting guardians and agents for powers of attorney and healthcare proxies •How to assess the value and cost of estate‑planning professionals. Listeners will gain practical, experience‑based guidance on the decisions that shape outcomes far more than documents alone.***UPCOMING LIVE FALL WEBINAR: My next webinar is Thursday, October 8th @ 8:30am on “Planning for State Estate Taxes” featuring, Bruce D. Steiner from Kleinberg, Kaplan, Wolff & Cohen, P.C. based in New York City. I’ll include the registration link in the show notes to this episode. You can register here: https://us02web.zoom.us/webinar/register/WN_LRv_-3m1TR6Q4HV58rL-wQ*** M latest book, “D is for Diversification: The ABCs of Personal Finance” is now available on Amazon or at www.JonathanOnMoney.com. It is a great way to support these podcasts.Stay connected:1) Questions? Comments? Media Inquiries? Reach out to [email protected]) Signup for my monthly NEWSLETTER here: https://www.ParkBridgeWealth.com/newsletter3) Get notified of upcoming LIVE webinars: https://www.parkbridgewealth.com/webinars 4) Click to follow/connect: Instagram | X | YouTube | LinkedIn | Blog Hosted on Acast. See acast.com/privacy for more information.

Join Jonathan I. Shenkman, President and Chief Investment Officer of ParkBridge Wealth Management, this week as he discusses a variety of timely investing and financial planning topics, including: ***Upcoming Live FALL Webinar: Thursday, October 8th @ 8:30am featuring Bruce Steiner from Kleinberg, Kaplan, Wolff & Cohen, P.C. based in New York City and he will be speaking on “Planning for State Estate Taxes.” RSVP here: https://us02web.zoom.us/webinar/register/WN_LRv_-3m1TR6Q4HV58rL-wQ 1. Talking points: Smart Money Moves for the Young, Single, and Living at Home2. This week’s quote is from Teddy Roosevelt on old age.3. I was talking to some colleagues about personal finance, and one said it is tough to “get the goal posts to stop moving.” What does this mean, and what is your reaction?4. I saw Yrefy advertised on Fox News. The returns look sick. Should I invest with them?5. Do clients ever leave you? If so, why?6. What is a dynamic withdrawal strategy in retirement?7. Should I give my children their inheritance during my lifetime or leave it to them as a bequest at death? I am torn and not sure what to do.8. Someone told me that if you speak on a Pesach program, you can write off the entire cost of the program as a business expense. Is that true?9. If you could sum up one strategy that is a reliable way to get rich, what would it be?10. I missed out on the latest run in a meme stock. How can I make sure I get in on the next meme stock before it takes off?11. I cannot understand why so many advisors charge a percentage of assets under management. I think they should charge hourly like other professionals. Why don't they?12. How should I weigh the recent economic numbers when investing new money in the market?13. Timely Planning Idea: Your estate plan may be built for rules that no longer apply. ***My FIRST book: D is for Diversification: The ABCs of Personal Finance available on Amazon or at www.JonathanOnMoney.com*** Stay connected:1) Questions? Comments? Reach out to [email protected]) Signup for my monthly NEWSLETTER here: https://www.ParkBridgeWealth.com/newsletter 3) Get notified of upcoming LIVE webinars: https://www.parkbridgewealth.com/webinars 4) WATCH my daily financial planning videos @JonathanOnMoney: Instagram | X | YouTube | LinkedIn Hosted on Acast. See acast.com/privacy for more information.