Ian Filippini: Looking Forward To Retire Overseas? – Here Are Some Place You Cannot Miss!

Ian Filippini Santa Barbara

Ian Filippini Santa Barbara

Ian Filippini

Looking Forward To Retire Overseas? – Here Are Some Place You Cannot Miss!

Choosing where you wish to spend your retirement years is one exciting choice to make! However, hundreds of considerations come along, like cost of living, the budget and if you are actually getting the perfect value for your money! An ideal retirement is living in a place where you can have a rich life, filled with the company of your loved ones and it should be a place where you always wanted to be or something close to that!

Ian Filippini from Filippini Financial Group in Santa Barbara is among the top financial advisors and he can guide you the best towards making a sound retirement decision. Although you can go here somewhere in the United States, but where’s the fun in that, right? If you are looking forward to spending a fun and adventurous life in a heavenly place, you will most certainly choose one out of these:


Although the costs of living in Rome, Venice or Florence MIGHT go beyond most retirement budgets, but that doesn’t necessarily mean you should consider taking Italy off your retirement list. If this is the country where you always wanted to be, something or the other can always be figured out. For an affordable option, you can check out Abruzzo, a heavenly place to start off with exploring the coasts and the mountains.


A country with the world’s most beautiful and most loved filed capital is something most people can’t afford to miss! France boasts some of the world’s best wines, parks, malls, clubs, museums, and tones of architecture that will have you drooling! Even if you have a small retirement budget, chances are you will be able to find something in France. The best options are to go to the Southwest, where small towns give you the perfectly affordable lifestyle.


Known for its mesmerizing coastlines and beaches, Spain is the perfect place to retire! With places like Costa del Sol and Barcelona, a city on the ocean, you can be sure to have a serene cosmopolitan life near the ocean. Moreover, the best part is that you can find an affordable home here that doesn’t go out of your retirement plan!


If you and your spouse love to be in between unspoiled nature and rich history then you will definitely love Croatia! The Istrian Peninsula here offers some of the most appealing and delightful views here while the coastlines are all lined up with amazing beaches. The architecture here is largely made of red clay and white stone, the land is green and rich in agriculture, certainly one of the most desired retirement destinations.


Looking for a cheap but sophisticated lifestyle? Thailand is the place to be! Thailand is also one of the few countries in the region that offer flexible options for retirees. Over 15% foreigners make up the entire population of retirees here and with options like 13 golf courses, rich culture, amazing cuisine and a high quality of life, the number of foreign retirees is expected to increase in the coming years.


After Thailand, Malaysia is the next easiest country to retire to. The capital here, Kuala Lumpur is among the most successful and most developed cities in the world, with architectural wonders like Petronas Towers, two of the tallest skyscrapers in the world. There are a large number of malls and each sight boasts technology and great infrastructure. However, if you are more of a nature lover, there is still something for you in Malaysia, like the village of Kampung Baru, which has a complete rural touch to it.

Unlike some places in Asia, foreign retirees are more than welcomed in Malaysia and the government offers certain visa benefits, which allows retirees to spend the rest of their time conveniently. Ian Filippini from Filippini Financial Group in Santa Barbara explains that all you need to go to Kuala Lumpur is good English and a tourist’s visa, which can be easily extended for a long stay there.

Ian Filippini says that the top considerations while looking for a place to retire should be the quality of life, the budget and the amenities present in the destination. If you are more of an outgoing, adventurous person, then places like Italy and France will surely be perfect for you. On the other hand, if you like to be surrounded by nature and greenery then the best places would be some places like Croatia or Thailand! Think well and plan ahead!

For the best retirement plans, be sure to consult Ian Filippini from Filippini Financial Group in Santa Barbara!




Ian Filippini: What Do You Know About Estate and Estate Taxes? Some Frequently Asked Questions!

Ian Filippini Santa Barbara

Ian Filippini Ian Filippini Santa Barbara

Ian Filippini

What Do You Know About Estate and Estate Taxes? Some Frequently Asked Questions!

Estate planning and estate protection planning are two terms which are gradually becoming common here in Santa Barbara, says Ian Filippini from Filippini Financial Group in Santa Barbra. A large number of people are progressively starting to realize the importance of estate planning and exactly why they need it.

Those of you, who have been investing in creating a solid residential or commercial real estate portfolio, must realize that estate planning has a number of benefits that you can get. Here are some questions about estate planning, which you might have been thinking about, and the answers from the wealth management professional, Ian Filippini.

What Exactly Are The Things Included In Estate?

Ian Filippini explains that your total estate is the total accounting of everything you own or have interests in, at the day of your death. However, the value of these assets is calculated according to the fair market value, no what you had paid for them. You total estate could include real estate, securities, trusts, and other assets.

If I Own A ½ Interest In A Business With My Sister, What Part Of It Would Be Included In My Total Estate?

Depending on a number of factors like, how you acquired your estate, how it is supposed to be treated under the state law, most probably, you would only be able to include half of the business’s value in your total assets. However, a large number of legal factors are effective here, so you might want to consult a professional like Ian Filippini from Filippini Financial Group in Santa Barbra.

What Is Not Included In My Total Estate?

Usually, your total estate doesn’t not include any assets or properties, which are solely owned by your spouse or any other individual. Lifetime gifts that are complete and life estates given to you by others, over which you have no power after your death, are also not included in your total estate.

Are There Any Loopholes To Cut Down Estate Taxes?

Not exactly loopholes, but there are legal ways to cut down the estate tax, says Ian Filippini. Some of those ways are:

  • One of the most common type of deduction people look forward to, is marital deduction. In the case where you pass away, leaving your assets to your spouse, the property must pass outright.
  • If you leave your property to a charity foundation, it is deductible from your total estate.
  • Mortgages also allow you to decrease taxes.
  •  Any losses during estate administration can also help.

What Should Consider When Hiring Help For My Estate Planning?

Filippini Financial Group, located in Santa Barbra says, there are a number of considerations you need to make, and just hiring a lawyer might not work out every time. Ian Filippini urges you to make the following consideration when hiring help:

  • The size of your estate (monetarily and physically)
  • How multifaceted can handling your estate get?
  • How are your previous financial records?
  • How many beneficiaries are there? Do you know that they will cooperate with each other?
  • Do you need estate-planning help?

With all these considerations in mind, it is a good idea to look around among different legal advisors, lawyers and professionals before finally deciding to choose one. Preferably, go for a firm, which has years of dedicated experience, a firm like Filippini Financial Group!

Do I Need To Be In Constant Contact With The IRS?

No, not at all. As soon as you choose an estate planning professional, you wont be needing to handle all taxation or IRS issues yourself, but of course, you need to be there if an IRS representatives asks you to be there.

What If Have All My Tax Filing Documents Ready, But Fail To Submit Them By The Due Date?

In such a case, usually your estate-planning professional or representative is supposed to file for an extension for the deadline. This extension can be extended up to 6 months. However, the legit amount of tax still needs to be paid, and interest is accrued on any amount that remains after the due date.

These are some of the most general questions you might have, and the answers to them. However, according to Ian Filippini from Filippini Financial Group, there is usually more to estate planning than we normally think. He says that if you have a diverse portfolio of real estate investments in Santa Barbara, it would be a good idea to have professional help by your side, so that you make decisions that favor you and your loved ones in the future!