BROAD WEALTH MANAGEMENT - Key Persons

A REIT is a corporate entity that invests in real estate properties in much the way a mutual fund invests in stocks. Professional managers handle the portfolio, and if the REIT meets certain requirements, it gets favorable tax treatment. Due to income and tax reporting rules for REITs, such investments are often held in retirement accounts. A REIT doesn't have to pay corporate income tax if it distributes at least 95% of its net annual earnings as dividends. But note that REIT income generally doesn't qualify for the favorable 15% maximum tax rate that applies to "qualified" dividends (A 20% rate on qualified dividends applies to certain upper-income investors).

Job Titles:

• Professor of Finance at the American College

Jack Webster had given up on romance after his marriage splintered five years ago. His two children were now both in college. Rhoda Seaver, divorced with three teen-aged children, also was skeptical about diving back into the dating pool. But Jack and Rhoda found each other through a dating service and now are engaged to be married.

Rich brings to the table a special combination of breadth of knowledge, irrefutable trust, and a level of caring about his clients that, when taken as a whole, is difficult if not impossible to find anywhere else. Professional memberships include the American Institute of Certified Public Accountants Personal Financial Planning Section, the Financial Planning Association and the New York State Certified Public Accountants Association. With his wife, they are raising two young daughters in Rye, NY. Rich serves on the Finance Committee of the Rye City School District and the Board of Trustees of Community Synagogue of Rye. In his free time he enjoys spending time with his family, reading and playing golf. Richard Blonstein CPA®, CFPTM, is the principal and founder of Broad Wealth Management, Inc. He graduated from Hofstra University in 1985 with a BBA in accounting. Rich became certified as a CPA® licensee in 1988. He completed the CFPTM Professional Education Program offered by the College for Financial Planning in 1994 and thereafter earned his CFPTM license in 1995.