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When does diminished capacity prevent a person from creating an estate plan?

When does diminished capacity prevent a person from creating an estate plan?

by Senior Scene | Jan 1, 2026 | Featured Article (04), Financial Advice, General Interest, Legal, Magazine

When does diminished capacity prevent a person from creating an estate plan?By Attorney Truman Scarborough Before assisting with the preparation of an estate plan, an attorney will want to determine that the client has “Testamentary Capacity”. This requires a person...
Do you Need a Financial Plan?

Do you Need a Financial Plan?

by Senior Scene | Jan 1, 2026 | Financial Advice, General Interest, Legal, Magazine, Top Story (C)

Do you Need a Financial Plan?By Max ValaVanis, CFP©, CFS I’m currently going through the dreadful process of painting the interior of my house, and the multitude of greens on the color palette astounds me. When I proudly walked into the store, I was under the...
‘Tis the Season for RMDs

‘Tis the Season for RMDs

by Senior Scene | Dec 1, 2025 | Featured Article (04), Financial Advice, General Interest, Legal, Magazine

‘Tis the Season for RMDsBy: Max ValaVanis, CFPⓇ While some seniors gleefully take their distributions for holiday shopping, others will sigh as the unneeded cash drains from their retirement accounts. Despite this, when Uncle Sam dictates that it’s necessary to take...
When does diminished capacity prevent a person from creating an estate plan?

What Happens if a Beneficiary Dies?

by Senior Scene | Dec 1, 2025 | Financial Advice, General Interest, Legal, Magazine, Top Story (C)

What Happens if a Beneficiary Dies?By Attorney Truman Scarborough All of our beneficiaries (those who inherit our estates) will someday die. Not planning for what will happen if a beneficiary dies can have unexpected and costly consequences.  In this article we will...
When does diminished capacity prevent a person from creating an estate plan?

Can specific bequests disrupt an estate plan?

by Senior Scene | Nov 1, 2025 | Featured Article (04), Financial Advice, General Interest, Legal, Magazine

Can specific bequests disrupt an estate plan?By Attorney Truman Scarborough A specific bequest can be a sum of money, the home, a car, shares of stock, jewelry, etc. that is given to a particular individual. It allows an estate plan to better reflect personal desires...
Creating Income in Retirement

Creating Income in Retirement

by Senior Scene | Nov 1, 2025 | Financial Advice, General Interest, Legal, Magazine, Top Story (C)

CREATING INCOME IN RETIREMENTBy: Max ValaVanis, CFPⓇ, CFS For nearly a century pension plans were the backbone to the American retirement system. Millions of retirees relied on the steady income flowing from their former employer’s pensions as they aged. This...
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