In 1946, Anna Intelisano (RIP), my grandmother, came to the USA by herself, speaking no English, and leaving her 4 year-son, (my Father Robert Sr.), and her husband Salvatore Intelisano in Sicily. Anna was 29 and left a middle-class lifestyle in search of “The American Dream!” It did not start well as she started as a maid cleaning floors, then…read more →
One thing this pandemic has done is flush out poor advisors, as there is no hiding during Covid-19. CPAs, Attorneys, Insurance Advisors, Stockbrokers and Financial Planners should be well-aware of the latest Covid-19 updates, income tax and estate tax rule changes to properly advise their clientele. I have been on many Zoom Panels, Seminars, Workshops, and Podcasts over the last…read more →
Last week we talked about 4 ways to tap into the cash of your life insurance policy. This week, we are taking it to the next level and will outline ways to exchange (or rollover) an existing annuity, life insurance or endowment policy for a better policy whilst deferring tax on the transaction. Since President Biden has proposed increasing capital…read more →
There is an old saying, “Ignorance is Bliss!” My new saying during this Covid-19 era is “Ignorance is Super-Expensive!” In my 30-year career, I have never seen more advisor ignorance and malpractice. Keep this in consideration if this is the first you are hearing about this. There have been MAJOR CHANGES in tax deadlines and proposed changes in tax, gifting,…read more →
Never has your diet been more important than during what I call the current Covid-19 Era! This is not the time to be going to the hospital or outpatient clinics for heart surgery. One of the most dangerous aspects of Covid-19 is its unpredictability as to which body organs it chooses to attack! My friend Don recently had a heart…read more →
It is no secret that the United States of America spends the most money in the world per person on our health and well-being. Our health systems are expensive and inefficient. The pharmaceutical companies are getting richer by the day! Many Americans have been quarantining and have avoided regular medical, dental and vision annual exams and physicals, especially in…read more →
Springtime and “March Madness,” one of my favorite times of the year! This is also the time when colleges and universities send out the majority of their “acceptance letters,” in late March and early April. The pandemic has turned the college’s selection process upside down. This has created a MAJOR OPPORTUNITY for informed parents and their students to get into…read more →
On Thursday, March 11th, President Joe Biden signed The American Rescue Plan into law almost a year to the day when it was acknowledged that Covid-19 had hit the USA, and it was deadly! This is the 3rd stimulus program since the pandemic has begun, and the question on most people’s minds is “Where is My $1,400 Check?” This third…read more →
The media coverage of the GameStop Corp (GME) stock trading fiasco grabbed the attention of Wall Street, the public, regulators, and politicians alike! GameStop is a video game retailer whose stores can be seen in shopping and strip malls. What happened to GME may morph into new investor strategies, a new way of uniting litigants, new regulations and increased executive…read more →
Protecting The House! There is a saying, “Water is Life!” We cannot survive without water after a few days. Look at the situation in Texas right now. Too much water leads to death and destruction. Rockaway learned that from Super Storm Sandy and to a lesser extent Hurricane Irene. On August 29th, 2005, Hurricane Katrina ravaged the gulf coast near…read more →
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