Gavin L. DiStasi's blog

Roth IRA Conversions - What to Consider

We’ve been getting a number of questions about Roth IRA conversions lately, and although we have covered this issue in the past, we thought it made sense to do so again since it’s been quite a few years. The question most often asked is: “Should I convert some or all of my Traditional IRA dollars to a Roth IRA?”.

Join Topel & DiStasi Wealth Management at Bike MS: Waves to Wine 2019

Multiple Sclerosis (MS) is a potentially debilitating disease which causes damage to the insulating covers of nerve cells in the brain and spinal cord, and for which there is no known cure.

MS is a disease which has closely affected the families of multiple members of our firm here at TDWM, and so, for the sixth year running, Topel & DiStasi Wealth Management is thrilled to once again be sponsoring a cycling team in this year’s Bike MS: Waves to Wine charity ride to benefit the National Multiple Sclerosis Society on September 21st-22nd, 2019.

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.