A health crisis can turn your world upside down—and if your finances aren't in order, the stress multiplies fast. For Americans living in Israel with U.S. brokerage and IRA accounts, one unexpected illness can mean frozen accounts, legal roadblocks, and major money headaches. But here's the good news: with a few simple steps, you can stay in control, protect your assets, and make sure your family isn't left scrambling.
From power of attorney documents to emergency funds, this episode dives into the must-haves that every cross-border family should check off before a crisis hits. If you're making Aliya, already living in Israel, or supporting family across borders, this could be one of the most important financial check-ins you do all year.
Key Takeaways:
Emergency funds aren't just good advice—they're your financial lifeline
Granting account access ahead of time prevents major issues later
Your estate documents aren't set-it-and-forget-it. Review them regularly
Want a deeper look at how to protect your finances during a medical emergency? Read Health Crisis: A Brief Financial Guide for Olim and get the steps you can take today to safeguard your money, your access, and your peace of mind.
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