Gavin L. DiStasi's blog

Say Goodbye to the Restricted Application for Spousal Benefits

2019 marks the last year people can take advantage of a Social Security rule that will soon be phased out. That rule is called filing a restricted application to receive spousal benefits, and was eliminated, except for some older Americans, in 2015 when Social Security was revised. If you are a baby boomer turning full retirement age this year, and your spouse is already receiving benefits, or soon will be, this is something you should certainly look into.

Preparing for an Amicable Divorce

No one goes into their marriage thinking there’s a 50% chance they will get divorced, but the fact is that almost half of all marriages do end in divorce.  While few would advocate preparing a plan for divorce before any signs of trouble even emerge, once there are signs, or even more importantly, once it becomes clear that the marriage is likely to end, preparing for the process can be vital to achieving an amicable divorce settlement.

6 Things Your Estate Plan Should Address

With the end of 2018 approaching fast, and much of our time until the new year arrives, occupied with work functions, family gatherings, and holiday activities, it’s natural to let those outstanding items from your financial plan fade into the back of your mind for a little while. Partly due to this end-of-year repose, as well as a natural rhythm of resolution in the coming new year, we find that clients are eager to get things going again in January, and pick up the threads of those overlooked planning tasks which did not get completed before the end of the year.

La Dolce Vita

An interesting thing happened last week when the Dow Jones Industrial Average declined over 5% in a two-day period. Rather than being surprised, or alarmed, people in our little corner of the world, including many clients, seemed to respond with something more like acceptance or resignation. It’s as if it was merely a confirmation of what they had been expecting for some time.

MS Ride 2018 Wrap Up

On September 22nd & 23rd, for the fifth year running, Team Topel & DiStasi Wealth Management completed the two-day charity ride Waves to Wine 2018 in support of the National MS Society, and we just wanted to pass on a few thoughts and impressions of a great weekend on bikes and in the company of so many nice people all rallying for such a worthy cause.