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...

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

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...

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...

What Happens if a Beneficiary Dies?

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

  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...

Does it matter how you hold title to property?

by Senior Scene | Aug 1, 2021 | Featured Article (01), Financial Advice, General Interest, Magazine

Does it matter how you hold title to property? By Attorney Truman Scarborough This is the fourth in a series of articles on how an estate plan can be impacted by the way property is titled. In the last article we explored how holding property in a Revocable Living...