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What is Probate?

What is Probate?

by Senior Scene | Jan 31, 2022 | Financial Advice, General Interest, Magazine, Top Story (B)

What is Probate? By Attorney Truman Scarborough This is the second in a series of articles on probate. When someone dies, assets titled just in the decedent’s name without beneficiaries are frozen. A Power of Attorney does not help, since it ends when the creator...
What is Probate?

What is Probate?

by Senior Scene | Dec 31, 2021 | Featured Article (05), Financial Advice, General Interest, Magazine

What is Probate? By Attorney Truman Scarborough This will be the first in a series of articles on the probate process. When someone dies, assets titled just in the decedent’s name without beneficiaries are frozen. No one can sign the deceased person’s name on checks,...
What is Probate?

Why won’t the attorney talk with me?

by Senior Scene | Nov 30, 2021 | Financial Advice, General Interest, Magazine, Top Story (B)

Why won’t the attorney talk with me? By Attorney Truman Scarborough When friends are more than willing to share their opinions, it may appear strange if an attorney refuses to talk about a legal problem.  However, attorneys can be ethically or legally prohibited from...
What is Probate?

Are there limitations on what you can do in a Will?

by Senior Scene | Oct 31, 2021 | Featured Article (01), Financial Advice, General Interest, Magazine

Are there limitations on what you can do in a Will? By Attorney Truman Scarborough Anything can be written in a Will, including provisions that are contrary to the law.  The problems are encountered later in probate after the creator of the Will has passed. Some of...
The Financial Planning Process and Why You may Need it

The Financial Planning Process and Why You may Need it

by Senior Scene | Sep 30, 2021 | Financial Advice, General Interest, Legal, Magazine, Senior News, Top Story (C)

The Financial Planning Process and Why You may Need it By: Max ValaVanis, CFP® I’m currently going through the dreadful process of painting the interior of my house, and the multitude of greens on the color pallet astounds me. When I proudly walked into...
What is Probate?

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

by Senior Scene | Sep 30, 2021 | Featured Article (01), Financial Advice, General Interest, Magazine

  When does diminished capacity prevent a person from creating an estate plan? By Attorney Truman Scarborough Before assisting in the preparation of an estate plan, an attorney must determine that the client has “Testamentary Capacity”. This requires a person...
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