Portfolio Nov. / Dec. 2016:17

Volume 9 • Issue 5

www.PortfolioFlorida.com

PREMIUM WATERFRONT ESTATE - LISTING BY RAJIA N. ACKLEY LA CASA DE LEON | LAKEFRONT ESTATE | DEER ISLAND, FL | 22,842 TOTAL SF* DETAILS ON PAGE BACK COVER

FOUNDERS Steve Healy | Chocky Burks Matt Tomaszewski (L to R)

Give us a call or visit our website to learn more about our exclusive inventory and to search all of Central Florida’s luxury communities.

407-965-1155 | PRPFL.com

OFFERED AT $1,550,000

Southern California inspired estate on one acre in guard gated Lake Butler Sound 5 Bedrooms, 4 Full and 1 Half Bath | 5,182 Square feet | Game room and study | Pool, spa and summer kitchen

407-965-1155 | PRPFL.com

NEW PRICE $3,995,900

Stunning lakefront estate ideally sited on Lake Tbet Butler in Keenes Pointe Country Club 8 Bedrooms, 8 Full and 2 Half Baths | 8,362 Square feet | 1.5 Acre parcel | Pool, spa, summer kitchen and boat dock

NEW PRICE $3,599,900

Architectural beauty and the elegance of an old world estate highlight this stunning Isleworth golfront residence 5 bedrooms, 5 Full and 2 Half Baths | 6,965 Square feet | One acre parcel | Pool, spa, summer kitchen | 4 Car garage

407-965-1155 | PRPFL.com

NEW PRICE $1,430,000

Perfectly sited on over one acre overlooking pristine Lake Roberts in guard gated Waterford Pointe 4 Bedrooms, 3 Full and 1 Half Bath | 4,551 Square feet | Game room and study | Pool, spa, summer kitchen and dock

OFFERED AT $1,975,000

1.2 Acre lakefront peninsula lot on the butler chain of lakes Over 550 feet of frontage on lake Tibet butler | Amazing sunset views | located in a gated bay hill enclave

407-965-1155 | PRPFL.com

NEW PRICE $2,259,000

Modern sophistication and elegance describe this estate on close to one acre in guard gated Bellaria 5 Bedrooms, 4 Full and 3 Half Baths | 6,461 Square feet | Five Car Garage | Drive-in Game room | Pool, grotto spa

NEW PRICE $1,599,000

European inspired custom estate in Windermere's renowned Lake Butler Sound 5 Bedrooms, 5 Full and 2 Half Baths | 6,295 Square feet | Two story grand entry | Pool, spa and summer kitchen

407-965-1155 | PRPFL.com

NEW PRICE $1,399,000

California contemporary estate with tee to green views of the renowned Bay Hill golf course 5 Bedrooms, 6 full and 1 half bath | 6,405 Squarer feet | Pool | Dual master bedrooms

NEW PRICE $1,250,000

Exquisite custom estate on close to one acre in Dr Phillips exclusive guard gated Cypress Point 5 Bedrooms, 5 full and 1 half bath | 5,982 Square feet | Game room and theatre| Pool, spa and summer kitchen

407-965-1155 | PRPFL.com

OFFERED AT $1,299,000

Expansive Southern California inspired fully furnished Windermere model home on over one acre 4 Bedrooms, 4 Full and 1 Half Bath | 4,256 Square Feet | 3 Car Garage | Game room and study | Pool and Spa

OFFERED AT $1,395,000

This elegant European architectural style custom home is beautifully sited in Lake Butler Sound 4 Bedrooms, 5 full and 2 half bath | 5,784 Square feet | Theater and study | Pool and spa

407-965-1155 | PRPFL.com

OFFERED AT $1,299,900

OFFERED AT $939,900

Brand new custom home located in a private gated enclave in Windermere 5 bedrooms, 5 Full and 1 Half Baths | 4,750 square feet | Gameroom | Pool, spa and summer kitchen

Brand new tuscan inspired custom home in Windermere's gated enclave Casa del Lago 5 Bedrooms, 4 full and 2 half baths | 3,872 Square feet | Game room | Pool, spa and summer kitchen

CUSTOM LUXURY HOMES elementhomebuilders.com

As a leading custom homebuilder in Central Florida, we’ve built our unparalleled reputation on craftsmanship, quality materials and attentive service every step of the way. Working with Element is not just about building a house. It's about forming a trusted partnership with a dedicated team of professionals who are committed to bringing your vision to life.

EXCLUSIVE SALES & MARKETING BY Contact us today to learn about building your new Element home or purchasing an Element custom home currently under construction.

407-965-1155 | PRPFL.com

Volume 9 • Issue 4

SVEN J. BODE Publisher Production Manager JONATHAN FRIESE info@portfolioflorida.com Graphic Design ELIZABETH MEJIA design@styletome.com Advertising PORTFOLIO FLORIDA 321.281.4589 Human Resources info@styletome.com

CATHLEEN K. BODE Editor-in-Chief CMO & National Sales SVEN J. BODE sven@styletome.com Executive Sales Director LOUISE KENNEDY louise@orlandostylemag.com Account Executive JONATHAN F. jonathan@styletome.com

PORTFOLIOFLORIDA.COM CIRCULATION & DISTRIBUTION Circulation Manager JOEL D. J.

Published bi-monthly, Portfolio Florida® is a registered Trademark. © Copyrights 2015 by Style Magazines. All rights reserved. Reproduction in whole or in part of any text, photography, or illustration only with written permission of the publisher. Portfolio Florida®, its officers, staff members or writers do not warrant the accuracy of or resume responsibility for any of the material contained herein. Freelance photographers are responsible for their copyrights. All photo materials, letters and text submitted to Portfolio Florida® automatically becomes property of Portfolio Florida®.

Email inquiries to: info@styletome.com Portfolio Florida® is published bi-monthly by Orlando Style Media Group, 8810 Commodity Cir, Ste. 34, Orlando, FL 32819.

POSTMASTER: Send address changes to Portfolio Florida 8810 Commodity Cir, Ste. 34, Orlando, FL 32819.

PRINTED IN THE USA.

Printed on recycled paper.

Please recycle after use.

407.749.0700 | REGALREALTYORLANDO.COM

UNPARALLELED STREET OF DREAMS AWARD WINNING ESTATE. OFFERED FULLY FURNISHED

STUNING VIZCAYA LAKE FRONT PENTHOUSE CONDO

GRAND 2.4 ACRES IN GUARD GATED ISLE OF OSPREY BUTLER CHAIN ESTATE

OFFERED AT

$4,900,000

5 BD | 5/2 BA | 11,025 SQ.FT | longwood CHRIS CHRISTENSEN | 407.312.8003

OFFERED AT

$995,000

4 BD | 3 BA | 3,000 SQ.FT | ORLANDO MARIE HELEN LEDBETTER | 407.286.4363

OFFERED AT

$6,900,000

7 BD | 10/3 BA | 14,477 SQ.FT | ORLANDO BRUCE ELLIOTT | 407.497.1684

T H E B R A N D T H AT D E F I N E S L U X U R Y R E A L E S TAT E

WORLDWIDE

407.749.0700 | REGALREALTYORLANDO.COM

EXCLUSIVE ISLE OF OSPREY RESIDENCE WITH 230 FT ON THE BUTLER CHAIN

OFFERED AT

$4,250,000

6 BD | 6/1 BA | 8,183 SQ.FT | orlando CHRIS CHRISTENSEN | 407.312.8003

T H E B R A N D T H AT D E F I N E S L U X U R Y R E A L E S TAT E

WORLDWIDE

407.749.0700 | REGALREALTYORLANDO.COM

IMAGINE OWNING 550 FEET OF PRISTINE SHORELINE ON THE BUTLER CHAIN

EXTRAORDINARY ISLEWORTH HOME ON LARGE CONSERVATION LOT

LOCATED IN CENTRAL FLORIDA’S MOST PRESTIGIOUS NEIGHBORHOOD ISLEWORTH

OFFERED AT

$4,695,000

5 BD | 6/1 BA | 8,051 SQ.FT | windermere CHRIS CHRISTENSEN | 407.312.8003

OFFERED AT

$1,795,000

4 BD | 5/1 BA | 5,610 SQ.FT | windermere CHRIS CHRISTENSEN | 407.312.8003

OFFERED AT

$1,595,000

5 BD | 5/1 BA | 5,600 SQ.FT | WINDERMERE MARIE HELLEN LEDBETTER | 407.286.4303

T H E B R A N D T H AT D E F I N E S L U X U R Y R E A L E S TAT E

WORLDWIDE

407.749.0700 | REGALREALTYORLANDO.COM

STUNNING CELEBRATION ESTATE HOME WITH RESORT STYLE POOL

OFFERED AT

SIX PRIVATE LUXURY TOWNH0USES LOCATED IN THE HEART OF WINTER PARK

OFFERED AT

ONE OF A KIND BUTLER CHAIN MANSION

OFFERED AT

$2,100,000

5 BD | 5/1 BA | 5,781 SQ.FT | CELEBRATION KIM HAWK | 407.808.9845

$2,074,000

2 BD | 3/2 BA | 3,244 SQ.FT | Winter Park MICHAEL GONICK | 407.383.2563

$4,300,000

5 BD | 6/1 BA | 9,207 SQ.FT | WINDERMERE CHRIS CHRISTENSEN | 407.312.8003

T H E B R A N D T H AT D E F I N E S L U X U R Y R E A L E S TAT E

WORLDWIDE

407.749.0700 | REGALREALTYORLANDO.COM

PRIVATE GATED BUTLER CHAIN LAKE HOME

OFFERED AT

$1,599,000

5 BD | 3/1 BA | 4,321 SQ.FT | Dr. PHILLIPS CHRIS CHRISTENSEN | 407.312.8003

BRAND NEW DISTINCTIVE HOME LOCATED IN THE ESTATE SECTION OF CELEBRATION

OFFERED AT

DRAMATIC WINTER PARK MID CENTURY MODERN MASTERPIECE

OFFERED AT

$2,475,000

4 BD | 5/1 BA | 5,537 SQ.FT | CELEBRATION CHRIS CHRISTENSEN | 407.312.8003

$3,750,000

5 BD | 7/1 BA | 8,410 SQ.FT | WINTER PARK THOMAS BONNER | 407.401.3748

T H E B R A N D T H AT D E F I N E S L U X U R Y R E A L E S TAT E

WORLDWIDE

407.749.0700 | REGALREALTYORLANDO.COM

LAKE FRONT NEW BUILD IN DR. PHILLIPS

OFFERED AT

$1,100,000

6 BD | 4/1 BA | 4,302 SQ.FT | DR. PHILLIPS ASH SHARMA | 407.970.2294

PARADE OF HOMES GRAND AWARD WINNING TUSCAN VILLA

OFFERED AT

CUSTOM BUILT MEDITERRANEAN STYLE HOME IN CELEBRATIONS DESIRED ARTISAN PARK

OFFERED AT

$2,688,888

4 BD | 4/3 BA | 8,000 SQ.FT | WINDERMERE CATHERINE MATTHEWS | 407.497.8100

$1,649,000

5 BD | 6/0 BA | 5,958 SQ.FT | CELEBRATION NADIA EGGERS | 407.247.0906

T H E B R A N D T H AT D E F I N E S L U X U R Y R E A L E S TAT E

WORLDWIDE

407.749.0700 | REGALREALTYORLANDO.COM

PRIVATE GATED ENCLAVE ON THE BUTLER CHAIN

OFFERED AT

PRIVATE GATED ESTATE ON MILLIONAIRES ROW IN DR. PHILLIPS

OFFERED AT

LOCATED IN THE HEART OF WINTER PARK AND WALKING DISTANCE TO PARK AVE.

OFFERED AT

$1,795,000

6 BD | 6 BA | 5,844 SQ.FT | DR. PHILLIPS CHRIS CHRISTENSEN | 407.312.8003

$1,890,000

6 BD | 5 BA | 6,857 SQ.FT | DR. PHILLIPS ROBIN BOCUSE | 407.924.2466

$3,999,999

5 BD | 5/2 BA | 6,113 SQ.FT | WINTER PARK MAGGIE WALAS | 407.701.0144

T H E B R A N D T H AT D E F I N E S L U X U R Y R E A L E S TAT E

WORLDWIDE

407.749.0700 | REGALREALTYORLANDO.COM

SOUTH BEACH ISLEWORTH LAKE FRONT MASTERPIECE

OFFERED AT

MILLIONARES ROW PRIVATE GATED LAKEFRONT ESTATE

OFFERED AT

EXQUISITE GOLF FRONT FRENCH COUNTRY

OFFERED AT

$2,999,000

4 BD | 5/2 BA | 6,605 SQ.FT | WINDERMERE MICHAEL GONICK | 407.383.2563

$2,595,000

7 BD | 8/2 BA | 8,088 SQ.FT | DR. PHILLIPS CHRIS CHRISTENSEN | 407.312.8003

$1,899,000

4 BD | 7 BA | 6,391 SQ.FT | CELEBRATION CHRIS CHRISTENSEN | 407.312.8003

T H E B R A N D T H AT D E F I N E S L U X U R Y R E A L E S TAT E

WORLDWIDE

REAL ESTATE SPOTLIGHT Special Promotional Feature

WILLIAM DIAZ ORLANDO’S LUXURY REALTOR With 18 years of experience in sales and marketing, William Diaz has performed as director of sales producing $50 million in revenue. As an awarded industry leader, his perseverance, strong negotiation skills and creative marketing initiatives have earned him the respect of not only his colleagues, but a global network of clients from South America to Asia. Portfolio Magazine sat down with William to discuss what makes him stand out in the luxury real estate industry.

PM: What are some of your specific skill sets that set you apart from other luxury real estate professionals?

WD: Processing my clients’ needs and goals by being an effective listener. As an effective processor I can promise and deliver my buyers or sellers their ultimate goal. Negotiating skills, some say it’s an art others say it’s a science but with my 18 years of sales experience, negotiating is a skill I’ve learned to master. Marketing is also my specialty and it’s equally as important to be tech-savvy. Both go hand in hand because as we all know, most buyers begin their search online. Having a strong presence on the internet and social media allows me to communicate to buyers or sellers not just locally but globally as well.

PM: What awards have you won?

WD: I have won several awards in my years in sales and marketing. I’ve had the privilege to be awarded a diamond ring of leadership excellence for being a strong sales leader with record sales. I am also an affiliated member of Clientele Luxury, a brand covering top tier real estate over $1 million. Clientele Luxury is networked with 5 star resorts, super affluent companies, high net worth individuals and global high profile companies that host the world elite in travel.

PM: What are your guiding principles for how you handle business?

William Diaz 7798 Winter Garden Vineland Rd. Ste. 116, Windermere, FL, 34786 willdiaz@luxuryrealtoroforlando.com luxuryrealtoroforlando.com 407-202-3132

WD: Putting my clients interest first and informing them of new trends in our market. Being a source of information to my clients and having the knowledge made available to my buyers and sellers is important. There is a lot of trust in my relationships with my clients.

PM: What do you like to do on your free time?

WD: I enjoy spending time with my wife of 14 years and my two boys. I believe in my heart that success in business starts at home. Having a strong healthy and loving home shows dedication. It is the same dedication I give to my clients because I treat them as if they were my family.

PM: What is the best way to get in contact with you?

WD: The best way to contact me is by phone, email or social media messaging.

I’m available through any of those channels.

18 PORTFOLIOFLORIDACOM

REAL ESTATE SPOTLIGHT Special Promotional Feature

AS AN AWARDED INDUSTRY LEADER, HIS PERSEVERANCE, STRONG NEGOTIATION SKILLS AND CREATIVE MARKETING INITIATIVES HAVE EARNED HIM THE RESPECT OF NOT ONLY HIS COLLEAGUES, BUT A GLOBAL NETWORK OF CLIENTS FROM SOUTH AMERICA AND ASIA.

19 PORTFOLIOFLORIDACOM

LIVING ‘N STYLE

LUXURY ESSENTIALS

GIVE YOUR DESK SOME

KATE SPADE ZADIE DRIVE PAPER CLIP PAPER HOLDER A little personality in an office space goes a long way (you know what they say about all work and no play).

So pick up a cute critter, or another conversationstarting piece that’s so fun and so functional. $30 / Available at Katespade.com

TOM DIXON COG DESK TIDY Add a touch of style to your office with this Cog desk tidy from Tom Dixon. Made from aluminium, it is a functional desk tidy made up of four separate components. $289 / Available at us.Amara.com

LIFE!

CRATE AND BARREL COLE DESK LAMP Taking its Industrial Age appeal straight from an old-time pharmacy lamp, Cole features an updated antique pewter finish and brass accents highlighting the functional joints that allow minor height and shade adjustments. $179 / Available at Crateandbarrel.com

OWN A PART OF ORLANDO HISTORY Own a part of Orlando history with this adorable Mediterranean Bungalow! This 1925 Spanish Revival is located in the sought after historical downtown neighborhood Lake Eola Heights, one of Orlando’s most distinguished and historic neighborhoods abundant with community spirit. The fully furnished home has beautiful hard wood flooring throughout. Fully remodeled kitchen with 42” raised panel cabinets, granite counter tops, stainless steel appliances and built in pantry. Well insulated, new windows were installed throughout the entire home in 2010. The bathroom will bring you back in time with its mosaic tiles. The original fireplace and interior details reflect the exterior charm this property radiates. Detached one-car garage can also be used as a

CONTACT SUZANNE MARTIN

workshop. The tastefully landscaped yard was recently awarded Yard of the Month. Properly maintained and home warranty is transferable! The exterior was painted in 2015. It is so move in ready, all you need to do is pack your luggage! Live here full time or use as a vacation/guest home. Located just a short distance from many downtown Orlando highlights such as the Amway Center, Dr. Phillips Performing Arts Center, Famous Churches Street Station, Walt Disney Amphitheater at beautiful Lake Eola, Thornton Park District for eats and entertainment, just to name a few! This Downtown property offers quick access to all the interstate roadways, walking distance to live outdoor concerts and festivals. This is a must see unique property!

| 407-234-6906

|

SUZMAR45@GMAIL.COM

Jorge Ulibarri Custom Homes Presents Its Latest Residences Build a similar custom home on our lot or yours.

407-733-5500 imyourbuilder.com

SPOTLIGHT ON THE LAW Special Promotional Feature

A financial institution must not only keep customer records, but must also report cash deposits or withdrawals in excess of $10,000 to the Treasury Department by filing a Currency Transaction Report (CTR). Financial institutions are also required to file Suspicious Activity Reports (SAR) for deposits of less than $10,000. The CTR and SAR require the financial institution to give the government a heads-up as to transactions which might otherwise go unreported unless the government inquired of a bank about its customer.

The Government’s effort to keep track of everyone’s financial dealings does not end with efforts directed to financial institutions.

Federal regulations also require any company or individual engaged in business to report to the government a cash transaction or series of cash transactions with a customer that exceeds $10,000 over a 12 month period.

The government also has regulations to keep track of banking activities of US citizens with offshore bank accounts and to learn of cash coming in or out of the US. A person who brings in or takes out of the US over $10,000 in cash or negotiable instruments must disclose this activity by filing a government form upon leaving or returning to the US. If a person has over $10,000 in one or more foreign financial institutions, another report must be submitted to the Treasury Department every year by June 30th.

EVEN YOUR HOME

COULD BE FORFEITED

BY THE GOVERNMENT

By Mark L. Horwitz | Criminal Defense Attorney

In 1970 the US Government began its efforts to do away with financial privacy with a series of laws that affect financial institutions, businesses and individuals. The laws contain criminal violations with long terms of imprisonment and civil penalties including forfeiture of bank accounts and other assets including the loss of one’s home. These laws apply even if an individual has no illegal income.

In 2010 the Foreign Account Tax Compliance Act (FATCA) was passed creating an obligation on US citizens and residents with assets outside the United States, to disclose the assets by completing a form titled “Statement of Specified Foreign Financial Assets”.

The amount required to trigger the obligation to report the foreign assets varies depending upon different factors. Fifty thousand dollars in assets may trigger the obligation to file the form. FATCA also requires offshore financial institutions to report its US customers to the Treasury Department and pay a portion of income earned on the accounts to the IRS. Many banks around the world are now refusing to take on US citizens as customers.

These are just some of the laws designed to invade a person’s financial privacy. These laws apply even if a person is engaged in only legal activity, has committed no crimes, and is not trying to hide earnings of criminal activity. A person is subject to criminal prosecution and incarceration for failure to disclose financial information or for causing banks or other businesses to fail to file the required disclosure forms. The government does not have to hack into business records to invade financial privacy; its laws require businesses and individuals to give up the right to financial privacy or face criminal prosecution.

The Bank Secrecy Act (BSA) was the first major legislation designed to keep track of all financial banking activities. The government has added numerous statutes and regulations which require financial institutions to keep records on its customers.

A financial institution includes not only banks but also: security brokerage firms, jewelry stores, pawnbrokers, and travel agencies; car, plane and boat businesses; insurance companies; real estate closing businesses and others.

22 PORTFOLIOFLORIDACOM

Law Offices of Mark L. Horwitz, P.A. 17 East Pine St.Orlando, FL 32801 P: 407-843-7733 • F: 407-849-1321 mark@mlhorwitzlaw.com www.mlhorwitzlaw.com

ORLANDO

PORTFOLIO ORLANDO’S LUXURY REAL ESTATE MAGAZINE

Orlando Style Magazine is Proud to have Acquired Orlando’s Most Exclusive Luxury Real Estate Magazine

REACH 30,000

OF CENTRAL FLORIDA’S TOP LUXURY REAL ESTATE OWNERS & INVESTORS!

• Orlando • Windermere • Winter Garden • Winter Park • Dr. Phillips • Bay Hill • Clermont

• Lake Mary • Isleworth • Lake Nona Country Club • Golden Oak • Sand Lake Area • I-Drive Area

www.PortfolioFlorida.com

LIVING ‘N STYLE

LUXURYESSENTIALS

TIMELESS PIECES

VAN CLEEF & ARPELS MAGIC ALHAMBRA LONG NECKLACE Magic Alhambra long station necklace, designed with sixteen pavé diamond clover-shaped motifs in 18k white gold, the motifs spaced along an 18k white gold cable chain, the diamonds weighing approximately 17.90 total carats $146,000 / Available at Vancleefarpels.com

TIFFANY&CO. HINGED WRAP BRACELET Graphic angles and clean lines blend to create the beautiful clarity of the Tiffany T collection. Accented with dazzling diamonds, this sleek bracelet wraps elegantly around the wrist. $7000 / Available at Tiffany.com

CARTIER LOVE RING A child of 1970s New York, the LOVE collection remains today an iconic symbol of love. The screw motifs, ideal oval shape and undeniable elegance establish the piece as a timeless tribute to passionate romance. Studded with diamonds, yellow gold or rose gold $5,850 / Available at Cartier.com

SWAROVSKI REVERSE LARGE BRACELET Designed by Jean Paul Gaultier, this statement bracelet plays with the theme of perfect imperfection. The ruthenium-plated metal is sculpted to complement the contours of the designer’s Kaputt crystal cut, creating a daring and dramatic effect. $899 / Available at Swarovski.com

CHANEL BOUTON DE CAMÉLIA Beautfiul drop earring made with 18K white gold, cultrured pearl, mother of pearl and diamonds. Elegance at its finest $12,900 / Available at Chanel.com

24 PORTFOLIOFLORIDACOM

At this time of year, we want to Thank YOU!

The New 2017

C300 Cabriolet

Mercedes-Benz of South Orlando

You’ll Always Be Treated Like a

and Nothing Less

{ } Across from Mall at Millenia

1.800.NEW.MERCEDES | 4301 Millenia Blvd., Orlando, FL | MBSO.com

REAL ESTATE SPOTLIGHT Special Promotional Feature

“A HIGH POWERED MORTGAGE COMPANY WITH A HOMETOWN FEEL” Susie Carlton has worked as a Mortgage Banker in the Central Florida area for more than 23 years. She and her team have helped fulfill the dream of homeownership for thousands of customers. Her dedication to her customers and professional peers, knowledge of finance, and commitment to qualify service make the home buying process as smooth and hassle free as possible for her clients. Superior knowledge of a large variety of loan products place her among the most respected mortgage professionals.

Susie’s expertise is showcased through her affiliation with Element Funding, a privately held residential mortgage company.

Element Funding is NOT a mortgage broker. They are mortgage bankers who utilize a correspondent lender platform. With the processing, underwriting, closing, and funding loans in their own name, this makes for a more streamline process. The loan is handled internally from start to finish.

ELEMENT FUNDING SUSIE CARLTON 5401 S. Kirkman Rd, Ste. 490 Orlando, FL 32819 | P: 407-367-5574 | F: 407-9827182 scarlton@elementfunding.com | www.elementfunding.com/scarlton | NMLS# 344354

Element Funding’s motto is that they are “a high powered mortgage company with a hometown feel”. You can feel this when you walk in to their office, as they want you to feel right at home. Element Funding has branches throughout the Southeast.

Element Funding is a division of Primary Residential Mortgage Inc. which is licensed in 49 states.Through PRMI, Susie is able to provide a wide array of product options working with multiple investors, while keeping the loan process in-house.

Originally from Ohio, Susie graduated from Miami University in Oxford, Ohio. She has resided in the Orlando area for more than 30 years, and is very active in the community. Throughout her professional career, Susie has been the recipient of numerous mortgage banking awards for top sales performance and leadership. Susie also is a graduate of Leadership Orlando, and Lifework’s Leadership, and is a current member of Florida Executive Women, where she’s served in various positions and was President in 2013. She was the 2015 Co-chair of the Shepherd’s Hope Famous Faces Ball, a large fundraising event in October that raises money to provide healthcare to the underinsured and uninsured in our community. She’s also assisted with fundraising/charitable events for Christian Help, The Pediatric Cancer Foundation, Quest Group Homes, and The American Heart Association.

Element Funding provides financing for residential home purchases and refinances. Among their products, they offer Conventional, FHA, VA, USDA, and Jumbo home financing.

PRMI NMLS 3094. PRMI is an Equal Housing Lender. Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice and are subject to borrower qualification.

Florida Office of Financial Regulation MLD646

26 PORTFOLIOFLORIDACOM

SPOTLIGHT

Special Promotional Feature

IMPORTANT

DENISE KOVACH, CFP®, AIF®, NSSA®

AGES FOR

RETIREMENT

Certified Financial Group, Inc. 1111 Douglas Avenue Altamonte Springs, FL 32714 407.869.9800 FinancialGroup.com

Photo by Brion Price

Can you think of some ages that are important for retirement? I know… the thought of it may cause gastric distress, but if you break it all down, you can set yourself up nicely, even without Tums or Prilosec.

a 25% reduction. If you do so and you are still working, if you earn over $15,720 per year, for every $2 you earn over $15,720, your Social Security benefits will be reduced by $1. Some planning here will be crucial.

Let’s see what they are.

65 – You can now sign up for Medicare (actually you can do so three months before your 65th birthday).

50 – At age 50, you can begin making “catch-up” contributions to your retirement account. Depending on the type of retirement account you are contributing to (IRA, 401(k), SIMPLE IRA, SEP IRA, TSA), that could be anywhere between $1,000 and $6,000 in additional contributions you can make to help you save for your retirement!

66 – If you were born between 1943 and 1954, age 66 is your Full Retirement Age. You can now file for Social Security benefits and receive your Primary Insurance Amount with no reduction of benefits.

55 – If you have a 401(k) plan and you leave your employer after you have reached the age of 55, you can take PENALTY FREE withdrawals from the plan. Although a withdrawal will be considered taxable income, it will save you a whopping 10% early withdrawal penalty. This little rule may be of help if you are at least age 55 and not yet 591/2 and need some money. Also, if you are covered under a Health Savings Account (HSA)-qualified health plan, you can save an extra $1,000 in a catch-up contribution.

67 – If you were born in 1960 or later, this is your Full Retirement Age. You can now file for Social Security benefits and receive your Primary Insurance Amount with no reduction of benefits.

59-1/2 – You can take PENALTY FREE withdrawals from your retirement plans at this age.

69 – If you are still not yet taking your Social Security benefits, it just grew another 8%.

62 – If you qualify for Social Security benefits, you are now eligible to file for them, however at

70 – If you haven’t yet started taking your Social Security benefits, they have grown another 8%!

(Note: For those who are born between 1954 and 1960, Full Retirement Age will be anywhere between 66 and 2 months to 66 and 10 months.)

68 – If you are not yet taking your Social Security benefits, it just grew between 8% - 16%.

But don’t delay beyond age 70 because there is no longer an advantage for doing so. And because you waited this long you have qualified for the maximum benefit amount!

70-1/2 – You must begin taking your Required Minimum Distributions (RMD) from your retirement accounts. If you don’t, you may be assessed a 50% penalty of what you should have taken.

For example, if your RMD is $5,000, the penalty is $2,500. That’s a hefty amount. (If you are still working and have a company retirement plan, you do not have to begin your RMD from this account until you retire. Keep in mind, however, that this is only for your current employer retirement plan, not former employer.)

Last, but not least, your life expectancy… how long do you think you might live? Today, if you are currently in your 60’s it is projected that men will live to be age 84 and women will live to be age 86.

Planning for retirement will help you reach these ages WITH money to supplement your lifestyle.

So, if you don’t want to think of these things and put it all together because of the intimidation factor or heartburn (also, there is a lot more to consider when planning for retirement), simply pick up the phone and call me. Let me do it for you.

Planning Tomorrow… Today!®

Denise is a Certified Financial Planner™ professional (CFP®), Accredited Investment Fiduciary (AIF®) and National Social Security Advisor (NSSA®) with Certified Advisory Corp, an affiliate of Certified Financial Group (“CFG”). CFG has been in central Florida for more than 30 years and is one of the largest independent financial planning firms in the state. With over 250 years of combined planning experience, Denise and her colleagues have a vast wealth of professional knowledge. When working with Denise, you will obtain a clear picture of your current financial status, a prioritized list of your most important financial goals, investment strategies to potentially help you reach your goals, and well-defined action steps to take, now and in the future. Through Certified Advisory Corp, she acts as a fiduciary for her clients while providing high quality, fee-only asset management services free of any conflicts of interest (there are no “proprietary” products). She has her clients’ best interests at heart and strives to provide the best possible service. CFG is CEFEX (Center for Fiduciary Excellence) certified. CEFEX awards its certification to firms that meet the highest standards of fiduciary excellence in their investment management, governance and operational processes. CEFEX certification is a formal, independent recognition demonstrating trustworthiness to the general investing public. For your complementary consultation with Denise, call 407.869.9800. Certified Advisory Corp offers Fee-Only Planning and Asset Management. Certified Financial Planner Board of Standards Inc. owns the certification Certified Financial Planner™.

28 PORTFOLIOFLORIDACOM

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TRANQUIL EXECUTIVE RESIDENCE ON 1 ACRE GOLF COURSE LOT

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4B | 5BA | 6,200SqFt

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STYLISH LAKEFRONT ESTATE. EXPERIENCE NATURE’S BEAUTY FROM EVERY ROOM

For more information on these and other luxury properties, contact one of our offices today

Nona Commons: 407.730.3555 | Downtown Kissimmee: 407.846.4040

www.coldwellbankerackley.com

ackley realty ©2016 Coldwell Banker Ackley Real Estate LLC. All Rights Reserved. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office is Independently Owned And Operated, except for Offices Operated by a subsidiary of NRT LLC. Coldwell and the Coldwell Banker logo are registered service marks owned by Coldwell Banker Real Estate LLC