Ian Filippini: What You Need To Know About Advanced Healthcare Directives Part 1

Ian Filippini

Ian Filippini

Ian Filippini

What You Need To Know About Advanced Healthcare Directives Part 1

Part 2

Part 3

Part 4

Part 5

In this article Ian Filippini will be giving information on advanced healthcare directives.  Death can be a touchy subject.  It is generally not something we want to think about, whether it be our own death or the death of a loved one.  Of course the truth is that we are all going to perish one day.  Many people have heard of an advanced healthcare directive.  This sounds like a big and scary term, but it is something serious that should be looked into, usually when you begin estate planning.  There can be many details associated with advanced healthcare directives, which is why you should discuss them with your financial professional at the same time you are meeting about estate planning.  One trusted financial professional is Ian Filippini.  In this article Filippini will briefly discuss some of the basic facts on creating an advanced healthcare directive.  Ian Filippini urges you to take this information to your own personal financial professional.

Regarding advanced healthcare directives, Ian Filippini has heard a lot of questions.  People have asked Ian Filippini, if they already have an advanced healthcare directive and are still able to make decisions on their own, can their advanced healthcare directive override that?  Ian Filippini says that the answer is no.  Ian Filippini is sure that as long as you are deemed able to understand your medical condition and able to make capable decisions, your advanced healthcare directive does not supersede your own healthcare decisions.

Other concerns Ian Filippini (Filippini Wealth Management) hears about regarding advanced healthcare directives are if they need lawyers or notaries to make it a legal document.  Ian Filippini asserts that the answer to both of those questions is also no.

Ian Filippini also reminds you that you can cancel your advanced healthcare directive at any time. Filippini Wealth Management was founded by Ian Filippini. Ian Filippini also oversees the day to day operations of the business and has his brother, Alex Filippini, close by to lend a hand. Filippini Wealth Management is one stop shop designed to provide value to our clients in the areas of taxation, insurance and real estate. Ian Filippini takes the time to understand his client’s goals and the best way to implement them.

Ian Filippini Video

Filippini Wealth Management is located near Santa Barbara, in a town called Montecito. Filippini Wealth Management’s office is located just outside of the Santa Barbara city limits, but still within Santa Barbara County. Ian Filippini’s parents, Alfred Filippini (deceased) and Deborah Filippini decided to move the family to the Santa Barbara area. Ian Filippini has traveled the world and agrees with all the locals that Santa Barbara is the place to be!

Ian Filippini

Ian Filippini: The Basics – Estate Planning

Ian Filippini

Ian Filippini

Ian Filippini

The Basics – Estate Planning

Estate planning can sound like a complicated and daunting task.  It might sound like something only people of great means should do.  The truth is that estate planning doesn’t have to be very confusing or scary, but it can get complicated along the way, depending on the size and type of your estate.  You should always consult a trusted financial professional to get the most up to date and correct information on estate planning.  Ian Filippini is a trusted and experienced financial professional.  Ian Filippini is very knowledgeable on the subject of estate planning.  In this article, Ian Filippini will briefly discuss the basics of estate planning.  Ian Filippini will give the definition of estate planning, the different parts of an estate plan and when your current estate plan should be looked over.

Estate planning is basically putting your financial affairs in order.  Ian Filippini stresses that the goal is to have all of your assets set up so that you get the most advantage out of them now, and that others (if you choose) can benefit from your assets later.  This is just the very basic definition from Ian Filippini.

Ian Filippini asserts that in general, an estate plan will include at the very least, a will, (or a trust), and a final medical directive.  Ian Filippini feels that these are the most important aspects to an estate plan.

Ian Filippini has heard of some people creating an estate plan and then not thinking about it again.  Ian Filippini wants to emphasize that your estate plan should be looked at whenever there is a major change in your life.  Ian Filippini gives some examples such as marriage, divorce, births, deaths, and business purchases.

These are the basics of estate planning as told by Ian Filippini.

Filippini Financial Group, Inc. and Ian Filippini have spent many years using their unique expertise and hands on approach to provide value to hundreds of retirees and pre-retirees in many areas of wealth management. Ian Filippini is currently the president of Filippini Financial Group, Inc., has written a number of articles relating to asset protection, financial advice, real estate, insurance, tax, and estate planning.

Filippini Financial Group, Inc. is located on Coast Village Road in Montecito, California. Ian Filippini’s mother, Deborah Filippini, and brother, Alex Filippini, moved to the Montecito and Santa Barbara area. Filippini Financial Group, Inc. was originally founded by Ian Filippini’s late father Alfred Filippini.

No advice is given or intended.   Filippini Financial Group, Inc. is not a law firm. This article is not to be considered legal advice.  Ian Filippini is not an attorney.

Ian Filippini

Ian Filippini: Inheritance Question – Will My Estate Go to My Child’s Spouse?

Ian Filippini

Ian Filippini

Ian Filippini

Inheritance Question – Will My Estate Go to My Child’s Spouse?

There can be a lot of questions surrounding the topic of inheritance.  At first it seems like such a simple idea: you leave certain possessions to certain people or organizations. Easy right?  Unfortunately there are many more facets to leaving an inheritance to someone, or multiple people.  What if you want to leave assets or property to your children and they are married?  Will their spouse have equal access to your child’s inheritance?  As with all financial information, you should get it from a financial professional.  Ian Filippini is an experienced and trustworthy financial consultant.  In this article Ian Filippini will briefly discuss what happens to your child’s inheritance if they are married.

Ian Filippini will be discussing what happens to your child’s inheritance if they are married, according to California law.  Ian Filippini wants you to know that if you live in a state other than California, it is best to contact a financial professional from your state that can better describe their specific inheritance laws for you.

Ian Filippini asserts that in California, if you leave assets or property to your child, or children, it will belong to them and them alone, even if they are married.  Any inheritance that you leave to your child will become their own personal property, not joint property, even if they are married.  Ian Filippini says that the inheritance will not automatically become community property, even in California.

Unfortunately, there is still a way for your child’s spouse to get rights to the inheritance.  Ian Filippini reminds you that if your child puts the inheritance into a joint account, then it will become community property with their spouse.  Ian Filippini says that if your child wants to keep their inheritance legally theirs only, they must keep it in a separate bank account.

No advice is given or intended.  This article is not to be considered legal advice.  Ian Filippini is not an attorney.  Filippini Financial Group, Inc. is not a law firm.

Ian Filippini is Santa Barbara area’s current president of Filippini Financial Group, Inc. Ian Filippini has and continues writing articles relating to asset protection, financial advice, real estate, insurance, tax, and estate planning. Filippini Financial Group, Inc. and Ian Filippini have spent many years using their unique expertise and hands on approach. Ian Filippini is proud of the value provided to hundreds of retirees and pre-retirees in many areas of wealth management.

Originally founded by Ian Filippini’s late father Alfred Filippini. Filippini Financial Group, Inc. is located on Coast Village Road in Montecito, California. Ian Filippini’s mother, Deborah Filippini, and brother, Alex Filippini, moved to the Montecito and Santa Barbara area.

Ian Filippini

Ian Filippini: The Basics of Trusts

Ian Filippini

Ian Filippini

Ian Filippini

The Basics of Trusts

If you are not familiar or comfortable in the financial world, there is some financial vocabulary that can be a little bit intimidating.  Trust is one of those words that can be scary just because you are not sure what it exactly means.  In this article, we will get down to the basics of what trusts are.  To get the most accurate financial advice and information, you should always talk to your financial professional.  Ian Filippini is a trusted and skilled financial professional.  In this article Ian Filippini will briefly discuss the basic information that you should know about trusts.  Ian Filippini will give a brief definition of trusts, describe the benefits to creating a trust, and who might benefit from trusts.

Ian Filippini has heard asked many times: So what is a trust, really?  Ian Filippini says that a trust has three basic parts.  According to Ian Filippini, a trust has the trustor, the trustee and the beneficiary.  The trustor is the person who creates the trust.  The trustee is the person that is in charge of the assets named in the trust.  The beneficiary is who will eventually receive the property and/or assets named in the trust.  These are the very basics of what a trust is, according to Ian Filippini.

Ian Filippini says that trusts have several important financial benefits.  Ian Filippini asserts that a trust can help avoid probate, special family items or assets can definitely remain in the family, and there is also at the very least a reduction in the death tax.  Ian Filippini says to talk with your financial advisor on the specific benefits that would come to you in preparing a trust.

Ian Filippini also wants to remind you that a trust can be beneficial for many people whether you have a large or a small estate.

Ian Filippini, the current president of Filippini Financial Group, Inc., has written a number of articles relating to insurance, real estate, tax, asset protection, financial advice, and estate planning. Filippini Financial Group, Inc. and Ian Filippini have spent many years using their unique expertise and hands on approach to provide value to hundreds of retirees and pre-retirees in many areas of wealth management.

Filippini Financial Group, Inc. was originally established by Ian Filippini’s late father Alfred Filippini. Filippini Financial Group, Inc. is located on Coast Village Road in Montecito, California. Ian Filippini’s mother, Deborah Filippini, brother, Alex Filippini, and the family moved to the Santa Barbara area.

No advice is given or intended by Ian Filippini.   Ian Filippini is not an attorney.  Filippini Financial Group, Inc. is not a law firm. This article is not to be considered legal advice.

Ian Filippini

Ian Filippini: Estate Planning Questions Answered

Ian Filippini

Ian Filippini

Ian Filippini

Estate Planning Questions Answered

Q: What is usually included in an estate plan?

Ian Filippini: An estate plan usually consists of several documents including: assignment of power of attorney, a will, living will or advanced health care directive, and for some a trust of some kind could make sense.

Q: What is the minimum net worth needed to create an estate plan?

Ian Filippini: There is no minimum, no matter your net worth, it is very important that some type of basic estate plan is put in place.

Q: How do I start an estate plan?

Ian Filippini: The best place to start would be listing out and creating an inventory of your assets. Including, investments, savings, real estate, business interests and insurance policies.

Q: Should everyone have a will?

Ian Filippini: Yes. Everyone should have some kind of basic will explaining their final wishes at the very least.

Q: What happens if I do not have a will or estate plan?

Ian Filippini: Without an estate plan the probate courts and a judge will decide who receives what assets without regard to your wishes or even your heir’s needs.

Q: Should I discuss my estate plan with my heirs?

Ian Filippini: That is really a personal choice and whether the heirs are educated enough to understand the process. However, it can be helpful by limiting the   amount of confusion.

Q: Do I need a power of attorney?

Ian Filippini: Again this is a personal choice because there is no law requiring you have a power of attorney. Nevertheless, none of us are impervious to aging, illness or sickness, or loss of mental stability.  If you are put into a position where you cannot make decisions or care for yourself, you will want someone you trust making your decisions and caring for you.

Ian Filippini is the current president of Santa Barbara’s Filippini Financial Group, Inc., has written a number of articles relating to financial planning, real estate, insurance, tax, asset protection, financial advice, and estate planning. Filippini Financial Group, Inc. and Ian Filippini have spent many years using their unique expertise. Ian Filippini and the hand on approach continues providing value to hundreds of retirees and pre-retirees in many areas of wealth management.

Filippini Financial Group, Inc. was originally founded by Ian Filippini’s late father Alfred Filippini (2009 liver cancer). Filippini Financial Group, Inc. is located on Coast Village Road in Montecito, California. Ian Filippini’s mother is named Deborah Filippini. Ian Filippini and brother, Alex Filippini, moved to the Montecito and Santa Barbara area.

No advice is given or intended.  This article is not to be considered legal advice.  Ian Filippini is not a attorney.  Filippini Financial Group, Inc. is not a law firm.

Ian Filippini

Ian Filippini: Santa Barbara and Recycling

Ian Filippini

Ian Filippini

Ian Filippini

Santa Barbara and Recycling

Beautiful Santa Barbara!  Ian Filippini thinks it is such a terrific place to live, to visit and to work.  The constant sunshine and mild temperatures, ample palm trees, majestic mountains and glistening blue ocean make Santa Barbara one of the most beautiful places in the country—maybe even the world!  Santa Barbara locals and residents take great pride in their great city of Santa Barbara.  One thing that is extremely important to most people that live and/or work in Santa Barbara is recycling.  In this article Ian Filippini will briefly describe the different recycling options available to people in the Santa Barbara area.

Santa Barbara has had different recycling programs in place for quite some time now.  For recycling in public, out and about in the Santa Barbara area, there are different recycling bins available.  The most common recycling available out on the streets is for plastic, aluminum and glass.  This makes the most sense because people mostly carry around plastic water bottles, aluminum cans and glass bottles also.

In different businesses in Santa Barbara that recycle, the most commonly available product that is recycled is paper.  There are usually ample places to recycle paper inside of many Santa Barbara businesses.

For recycling in Santa Barbara homes, many families contact their local waste management provider to coordinate recycling bins and pickups.  At home recycling usually includes plastic, glass, aluminum, paper, and green waste.

There are many different recycling centers available to the public in the Santa Barbara area.  Some of these recycling centers will even pay you for the plastic, glass and aluminum that you collect and bring to them.  This is a win-win for everyone.  The recycling keeps Santa Barbara beautiful and can put a few pennies in the Santa Barbara locals’ wallets!

Ian Filippini has authored a number of different articles relating to estate taxes, federal taxes, state taxes, financial consulting, real estate, insurance, asset protection, financial advice, and estate planning. Ian Filippini lives in Santa Barbara and is the current president of Filippini Financial Group, Inc. Filippini Financial Group, Inc. and Ian Filippini have spent many years using their unique expertise in the Santa Barbara area. Ian Filippini and hands on approach is able to provide value to hundreds of retirees and pre-retirees in many areas of wealth management.

Filippini Financial Group, Inc. was created and founded by Alfred Filippini (Ian Filippini’s late father – died 2009). Filippini Financial Group, Inc. is located on Coast Village Road in Montecito, California. Ian Filippini’s mother is named Deborah Filippini. Ian Filippini and brother, Alex Filippini, moved to the Santa Barbara area. No advice is given or intended.  This article is not to be considered legal advice.  Ian Filippini is not an attorney.  Filippini Financial Group, Inc. is not a law firm.

Ian Filippini

Santa Barbara Car Shows

If you live in Santa Barbara and like a good car show, you won’t have to drive very far.  Santa Barbara plays host to many different car shows, weekly meets and cruises.  Gentlemen (and ladies) start your engines. The Santa Barbara County car shows are just around the corner.

The Santa Barbara Wheels and Waves Classic Car and Hot Rod Show is on the calendar for May 19TH.  The venue is on State Street between Micheltorena and Gutierrez.

Look for the Nite Life Car show coming to The Earl Warren Showgrounds  on June 2nd, 2013

I like to cruise over to Carpinteria  over the 4th of July weekend for the Rods and Roses Classic Car Show.

Don’t miss Woodies car show on August 18TH.   A fun retro show sponsored by the Woodies Club.

Goleta does not miss out on the chance to get a car show together. Each year, Goleta hosts the Lemmon Festival and Car Show. This year’s show will be held on September 28th, 2013. As always, there will be plenty of food, entertainment and a classic car show. Girsh Park will once again be the spot to be. (Located in Goleta, Santa Barbara County).

Sundays on Coast Village Road are also a fun time fro car watching. Many of the locals participate in an impromptu car meet all up and down Coast Village Road. Classic cars are littered through the street along with modern super cars or a modern take on some 1950’s hot rods that have been fully customized for the owner.

The best part about any of the car shows in Santa Barbara definitely has to be the people. Most everyone at these car gatherings are great people with great stories that they are willing to share with you. You never know, you might just learn something new from these gearheads.

Filippini Wealth Management was founded by Ian Filippini. Ian Filippini personally takes the effort to manage and oversee the day to day operations of the business. Ian Filippini runs the show but has his brother, Alex Filippini, close by to lend a hand. Filippini Wealth Management has a one stop shop designed that has been providing value to our clients in the areas of taxation, insurance and real estate. Ian Filippini takes whatever time is needed to meet, understand his client’s goals and the calculate way to implement them.

Filippini Wealth Management is located near Santa Barbara, in a town called Montecito. Filippini Wealth Management’s office is located just outside of the Santa Barbara city limits. We are still within Santa Barbara County limits. Ian Filippini’s parents, Alfred Filippini (dead in 2009) and Deborah Filippini decided to move the family to the Santa Barbara area in the 1990’s. Ian Filippini has traveled the world and agrees with all the locals that Santa Barbara is the place to be!