Richard Pascuzzi is the co-founder of a wealth management company operating in four distinct areas of wealth management, including estate planning and taxes. Outside of his work as a manager of wealth Richard Pascuzzi enjoys following professional football. During his school years he played football as a pastime.
Professional American football teams dress 46 players per game. In addition to the offensive and defensive players, teams maintain special-teams units that include the punter and field goal kicker. While the positions are the only two in all of American football that actually involve a player’s foot making contact with the ball, the positions are fairly different. Punters are tasked with catching the ball directly from the center’s snap and kicking the ball from their hands, with the goal of pinning the other team deep in their own end of the field. A field goal kicker, on the other hand, kicks the ball from a placed position in the hope of sending the ball through the goal posts and scoring three points for a field goal or one point following a touchdown.
Due to the different demands on each player, teams employ separate individuals to serve in each role rather than allowing a single player to take on all kicking duties. This decision can be attributed to the fact that most coaches would prefer a punter dedicating all of their time to punting and a field goal kicker continuously enhancing his field goal skills. As recently as 2006 the Atlanta Falcons attempted to combine the positions, with Michael Koenen missing all but two field goal attempts in eight tries. The experiment was dropped after just two games.
A Certified Wealth Strategist, Richard Pascuzzi assists clients with a number of financial matters including insurance, estate planning, investment planning, and debt. He draws on more than 20 years in the financial services industry as co-founder of PSE Wealth Management, leading a team responsible for over $175 million in client assets. In his free time, Richard Pascuzzi enjoys travelling to scenic mountain locations such as Pagosa Springs, Colorado.
Bordered by the San Juan National Forest, Pagosa Springs offers a gateway to more than 3 million acres of wilderness, making it ideal for a number of outdoor activities. The San Juan Mountains and National Forest include several RV parks, campgrounds, trails, and a hut system. Hikers can also sign up for backpacking excursions led by an experienced guide. Additionally, the area offers numerous opportunities for skiing, fishing, hunting, or simply admiring nature on a scenic drive.
Named for the Southern Ute word “Pagosah,” or “healing waters,” Pagosa Springs also offers several resort spas where both residents and visitors can unwind. Located along the San Juan River, The Springs Resort and Spa is a 79-room hotel featuring 23 mineral pools, each with different temperatures, sizes, and views. The resort’s iconic “mother spring” was deemed the deepest hot spring in the world by Guinness World Records in 2011. Because the plumb line extended 1,002 feet before running out, the hot spring’s full depth is still unknown.
Richard Pascuzzi is one of the co-founders of PSE Wealth Management. In his position with the company Richard Pascuzzi oversees a team in charge of $175 million in assets and works with clients on topics ranging from debt restructuring to estate planning.
Estate planning can be a controversial topic, particularly among young individuals who feel that a will can be put off until a later date. The unfortunate truth is that the unexpected can occur at any time, and any individual with assets and a family should have their affairs in order. Planning an estate can be boiled down to four basic steps, though a financial advisor should be present during the actual drafting of any document. Estate planning begins with making a list of all current assets. In some cases the estate tax that is to be paid after death may be too much for family members to handle, and so an advisor can assist clients in finding options that will ease this burden.
Once a net worth is established and all assets have been identified, the individual can begin determining where the money and assets will go. Spouses who have not signed a pre-nuptial agreement or otherwise waived their rights are the only people who are guaranteed anything after death. In order to avoid family conflicts down the line, it is helpful to be as specific as possible in parceling out inheritance and physical assets. Charities and other organizations can also be included in a will, and individuals can control when and how payments are distributed. Finally, someone must be placed in charge of the will and testament. A family member can be placed in charge, though it would be preferable for a trusted third party with financial insight to have control.