Does it matter how you hold title to property?

by Senior Scene | Jul 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 third in a series of articles on the different ways title to property can be held. In the first article the various aspects of an individual holding title in just his/her name...

Does it matter how you hold title to property?

by Senior Scene | May 1, 2021 | Featured Article (03), Financial Advice, General Interest, Magazine

Does it matter how you hold title to property? By Attorney Truman Scarborough Title to property can be held a number of different ways: individually; jointly with or without survivorship; as husband and wife as “tenancy by the entirety”; in a corporation; in a Limited...

Can specific bequests disrupt an estate plan?

by Senior Scene | Apr 1, 2021 | Featured Article (03), Financial Advice, General Interest, 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...

Guarding Your Gold

by Senior Scene | Mar 1, 2021 | Financial Advice, Magazine, Senior News, Top Story (C)

​ Guarding Your Gold By Max Valavani Working and saving for a lifetime may very well result in a comfortable retirement lifestyle. Millions of senior American citizens have made sacrifices so that one day they will never need to worry about the “next...

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

by Senior Scene | Mar 1, 2021 | Featured Article (03), 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 may invalidate an estate plan?

by Senior Scene | Feb 1, 2021 | Financial Advice, Legal, Magazine, Top Story (B)

What May Invalidate An Estate Plan? By Attorney Truman Scarborough An estate plan may be successfully challenged if: 1]  The document was forged. 2]  There was fraud because false information was presented to the person creating the estate plan with an intent to...