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What needs to be considered before making lifetime gifts?

What needs to be considered before making lifetime gifts?

by Senior Scene | Dec 31, 2024 | Featured Article (04), Financial Advice, General Interest, Legal, Magazine

What needs to be considered before making lifetime gifts? By Attorney Truman Scarborough A full description of estate planning would include the accumulation, preservation, and gifting of property.  While most of our lives are devoted to the acquisition and...
What’s the Deal with Life Insurance?

What’s the Deal with Life Insurance?

by Senior Scene | Dec 31, 2024 | Featured Article (04), Financial Advice, General Interest, Legal, Magazine

What’s the Deal with Life Insurance?‘ By: Max Valavanis, CFP® Although it might sound strange, you can compare life insurance to cars. You can have expensive cars, muscle cars, and simple ol’ reliable cars.  Life insurance also has many options. However, when you boil...
What’s the Deal with Life Insurance?

‘Tis the Season for RMDs

by Senior Scene | Nov 30, 2024 | Financial Advice, General Interest, Legal, Magazine, Top Story (C)

‘Tis the Season for RMDs By: 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...
What needs to be considered before making lifetime gifts?

Why won’t the attorney talk with me?

by Senior Scene | Nov 30, 2024 | Featured Article (04), Financial Advice, General Interest, Legal, Magazine

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

Your Taxes May Be Changing

by Senior Scene | Oct 31, 2024 | Featured Article (04), Financial Advice, General Interest, Legal, Magazine

Your Taxes May Be Changing By: Max Valavanis, CFP® Inflation has taken its toll on all of us one way or another. Whether you’re worried about an $8 Big Mac or having to take out a loan for a “seemingly” overpriced A/C unit, most Americans are feeling it’s effects....
Social Security Announces 2.5 Percent Benefit Increase for 2025

Social Security Announces 2.5 Percent Benefit Increase for 2025

by Senior Scene | Oct 31, 2024 | Bonus Article, Financial Advice, General Interest

  Social Security Announces 2.5 Percent Benefit Increase for 2025 Social Security benefits and Supplemental Security Income (SSI) payments for more than 72.5 million Americans will increase 2.5 percent in 2025, the Social Security Administration announced today. ...
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