Lisa is a Partner Trust & Estate Services Leader at Grassi & Co. Lisa has an impressive 30 year career as a CPA with acclaimed success in the areas of estate and trust administration, individual taxation, income taxation of estates and trusts, and estate and gift tax. Lisa also has expertise in post-mortem planning and compliance, assisting executors in the complex process of administering the estate, and complex structures in estate planning. Her knowledge in these areas is complimented by her attention to detail of the individual needs and unique financial circumstances of each of her clients.
Prior to joining Grassi & Co. in September 2015, Lisa was the President and Founder of her own firm named Rispoli & Co. CPAs. Lisa started her own firm in 2000 after working at a Big 4 Firm.
Lisa is a recognized Estate Accounting Expert at various Surrogate Courts and works closely with many of tri-state’s leading attorneys and judges.
Lisa is recognized by the National Association of Estate Planners & Councils (NAEPC) as an Accredited Estate Planner (AEP). This graduate level designation in estate planning allows Lisa to bring expertise in the field of multi-disciplinary planning.
Lisa has been recognized as one of the 2016 Honorees of Long Island’s Top 50 Women in Business by Long Island Business News. This honor recognizes the Island’s top women professionals for business acumen, mentoring and community involvement. Lisa is also a recipient of the 2017 Who’s Who for Women in Professional Services by LIBN and a 2017 Midas Award recipient, which is awarded to individuals who exemplify quality in their professions and communities.
Lisa has written for several Long Island periodicals, including Newsday, CNN, and Bar Association Journals on topics relating to Estate and Trust Planning & Administration.
Articles & Alerts
In a ruling by the Department of Revenue Services for the State of Connecticut, new tax legislation was recently passed concerning nonresidents owning real estate in Connecticut.
The Tax Cut & Jobs Act of 2017 provided a new Section 199A deduction on qualified business income for certain pass through entities (sole proprietorships, partnerships & S corps). This deduction, which is generally 20% of QBI with certain limitations, is temporary and expires at the end of tax year 2025.
The Tax Cuts and Jobs Act of 2017 created code section 1400Z, which is designed to encourage economic growth and development through private investment in specific low income or rural communities and disaster areas.Read more
On December 22, 2017 President Trump signed into law the Tax Cuts and Jobs Act.Read more
The Holidays are over, for now—and so are estate and gift taxes, for some, for now.
The New Year brings in a significant increase in the estate, gift and generation-skipping tax exclusion amount.
On July 7, 2017 the internal revenue service issued Notice 2017-38, 2017-30 IRB which announced the implementation of Executive Order 13789. Executive order 13789 was issued by President Donald J. Trump on April 21, 2017, and was a directive designed to reduce tax regulatory burdens.Read more
The Federal government imposes an estate tax which is calculated on the value of your assets when you die. The first $5,490,000 (2017 exemption) is excluded for Federal Estate tax purposes. This is a cumulative lifetime exemption; therefore taxable gifts made during your lifetime utilize part of this exemption. Upon death, the remaining exemption is essentially applied to the remaining estate.Read more